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The International Framework For Nuclear Energy Cooperation

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The conference “Nuclear Energy’s Role in the 21st Century: Addressing the Challenge of Financing” was organised jointly by the International Framework for Nuclear Energy Cooperation (IFNEC) and the Nuclear Energy Agency (NEA), on 11-12 May 2016 in Paris, France.

More than 150 stakeholders from 30 countries participated, representing energy planning authorities, regulators, export credit agencies, vendors, utilities, bankers, rating agencies, and insurers, as well as international organisations (OECD, NEA, IEA, IAEA, European Commission, WNA, FORATOM), with the objective of identifying key barriers and develop implementable approaches and solution sets.

Conference Programme

Report IFNEC NEA Conference Proceedings


Presentations and Keynote speeches:

A.GURRIA: Remarks at IFNEC/NEA Nuclear Finance Conference

K.SADAMORI.The Vital Role of Nuclear Energy in the Global Climate Agenda

D.KIM.Targeted Government Financial Guarantees For a New Build Projects

F.REILLY.Financing alternatives

A.NICIC.The Role of the International Atomic Energy Agency’s Integrated Regulatory Review Service

H.NIEH.Multinational Design Evaluation Programme

V.RAMANY.Financing a New Nuclear Power Plant

G.BOROVAS.Nuclear New Build Risk and Finance

J.HOPKINS.Does Risk Differ with the Deployment

A.RISING.The Current Role of Financing for Nuclear Energy Projects

J-P.PONCELET. Addressing the Financing Challenge

J.KEPPLER.Nuclear New Build Insights Into Financing and Projects Management

D.DRYSDALE.OECD Financing Rules For Nuclear Power Projects

V.IVANOV.Financing Opportunities and Challenges

S.CHEN.China Development Bank’s role and approaches to nuclear finance and its experiences

D.FARRELL.U.S. Approach to Financing Role

F.PEHUET.What Approaches Can be used in new Builds to Attract Private Capital

J.ALLEN.The UK Perspective Financing New Nuclear

E.KEE.The Impact of Carbon Pricing

J.KAMINKER.Mobilising institutional investors and the bond markets for renewable energy

Press releases and articles

NEA press release:

WNN articles:


This conference was designed to be of interest to all IFNEC member countries and provide the various stakeholders, including regulators, planning authorities, financial institutions and industry, the opportunity to observe and participate in discussions of practical interest and value. The primary audience for the conference included IFNEC members with future plans for developing nuclear power projects. In addition, IFNEC member supplier countries will benefit from the discussions that further clarify the interests of potential customer countries.



G.KASER Key Issues for the Global Supply Chain IFNEC Conference on Customer Dialogue

M.KOVACHEV Industrial Involvement and IAEA activities

M.COMETTO NEA activities in nuclear new built and supply chain aspects

A.SIDLO Nuclear power program in Poland

N.MANSOUR Egyptian planning in Nuclear Power Plant

K.ARAJ Localization and Industrial Involvement for the Construction of Jordan Nuclear Power Plant

M.A.CHOOKAH Strategy For Creating a UAE Nuclear Industry

T.HEMMINKI Views of Finnish utility companies in Hanhikivi 1 project

K.SEKERCILER Turkey’s Nuclear Power Program

J.HALLADAY Global Supply Chain & Localization Issues and Opportunities

O.MIGNONE NPP Market Survey


W.XIAOHANG State Nuclear Power Technology CO.,LTD

Y.CHERNYAKHOVSKAYA Nuclear infrastructure development for the elements of Procurement Rosatom method and track record


J.DUDIAK The Westinghouse Approach to Global Supply Chain and Localization


T.RIAZ Supply Chain and Localization in Argentina

I.GRANT The Role of FANR in the Quality Assurance of Supply

T.JACKSON U.S. Nuclear Regulatory Commissions Role in Quality Assurance of Materials Supplied

S.ALLEN ONR - Supply Chain Regulation

P.LAHAIE CNSC Framework for the Regulation of Licensees’ Supply Chain


The International Framework for Nuclear Energy Cooperation (IFNEC) held a “Latin American Nuclear Energy Stakeholders Conference,” on 25-26 October 2016, in Buenos Aires, Argentina. The Conference focused on challenges and opportunities facing countries within Latin America that are either considering or planning to deploy new nuclear electricity generating capacity. 

This Conference provided an opportunity, based on an interactive and dynamic program, for more than 220 participants from a broad array of government and industry stakeholders to come together in order to share information, understand the challenges facing the region with respect to the safe, secure and sustainable use of nuclear energy, and to identify opportunities and solutions to such challenges. 

  • Keynote presentations were provided by the Argentine Minister of Energy and Mining, the Undersecretary of Nuclear Energy from the Ministry of Energy and Mining and the Director-General of the OECD Nuclear Energy Agency, as well as other leading stakeholders from Latin America.
  • The Conference began with presentations of national perspectives on the challenges and opportunities with deploying nuclear energy in Latin American markets from Bolivia, Chile and Paraguay
  • An interactive panel of experts assuming the various stakeholder roles of a nuclear power project (such as vendor, energy planning authority, national utility, etc.) participated in a moderated, hypothetical scenario exercise aimed at grappling with the key challenges and opportunities facing Latin American markets considering or planning to deploy nuclear energy projects.  
  • A session was conducted on issues related to infrastructure development priorities with presentations and panel discussions on topics that include national and regional human capital development, regulatory matters, training and information sharing.
  • The final session of the Conference addressed the important back – end question of how countries can assure that the necessary financial and other key resources will be available in the future to manage the inventory of spent fuel for whatever resolution is chosen.

Please find the Agenda

and Presentations:

J.GADANO.Undersecretariat of Nuclear Energy

B.NAGEL. Energy Policy and Nuclear Option in Chile

R.O.SEMMOLONI.Life Extension Project Management

M.CHUDAKOV. World Nuclear Energy Perspectives

M.BRACONI.Proyecto Extensión de Vida de la CNE

E.MASET. National Radioactive Waste Management Program

J.MATHIESON. Comparison of UK and US geological disposal siting histories – Consent Based Siting

V.SEGOVIA. Building Acceptance Among Youth

H.PAILLERE. Funding Mechanisms for Radioactive Waste & Economics of the Back End of the NFC

P.WARREN. Funding Spent Fuel Management and Decommissioning

D.BAZHENOV. Perspective areas of cooperation with Latin American countries

E.G.NERI. Cost and Financing of the Back-End of the Nuclear Fuel Cycle Spanish National System


London Finance Workshop Photo

The IFNEC Finance Workshop, held in London, United Kingdom on May 9 and 10, 2012, brought together a broad spectrum of approximately 130 stakeholders from the IFNEC countries, including government representatives and members of the nuclear energy and the financial communities. The Workshop’s goals included the following: gain a stronger understanding of the challenges and opportunities associated with the financing of nuclear power projects, create a forum in which major stakeholders are able to discuss these matters, and identify specific actions IFNEC countries could consider taking, individually or collectively. Through expert-led scenario discussions about hypothetical projects in expanding and emerging nuclear power programs and small breakout discussion sessions, Workshop attendees garnered a better understanding of each other’s roles related to nuclear energy financing and the challenges and opportunities facing stakeholders interested in nuclear power finance.

For questions, please contact the IFNEC Secretariat at 

Final Summary Report

Appendix A

Appendix B

Appendix C

IFNEC Finance Regulatory and Energy Planning Authority Workshop Report

2013 Finance, Regulatory and Energy Planning Authority Workshop Stage

The stage for the October 22, 2013 IFNEC Finance, Regulatory and Energy Planning Authority Workshop, hosted by Abu Dhabi’s Regulation and Supervision Bureau


Etihad Towers, Abu Dhabi 2013

Etihad Towers, Abu Dhabi, UAE – October 22, 2013


Expert Panel at the IFNEC Workshop 2013, Abu Dhabi

The Expert Panel at the IFNEC Workshop’s Moderated Discussion -  October 22, 2013


Breakout Group Co-Leads and Rapporteur, Abu Dhabi 2013 Workshop

Breakout Group Co-Leads Kamal Araj (left) and Zbigniew Kubacki (center) and Rapporteur Daniel Grosvenor  (right) at the IFNEC Finance, Regulatory and Energy Planning Authority Workshop in Abu Dhabi on October 22, 2013.


Participants 2013 Abu Dhabi Workshop

Participants and Hosts of the IFNEC Finance, Regulatory and Energy Planning Authority Workshop, in Abu Dhabi, UAE on October 22, 2013.


The International Framework for Nuclear Energy Cooperation (IFNEC) held a Finance/Regulatory/Energy Planning Authority Workshop on October 22, 2013, in the Etihad Towers, Abu Dhabi, UAE. The Workshop was hosted by Abu Dhabi’s Regulation and Supervision Bureau. It came as a follow-up to its 2012 London Finance Workshop that identified and discussed the challenges countries face in financing nuclear power projects. The three key findings of the London Workshop were, 1.) the importance of an effective, independent regulatory body, 2.) the essential role of government commitment and support, and 3.) the need for a sound business/project plan.

The Abu Dhabi Workshop built on the outcomes of the London Finance Workshop, and in particular the role of the regulatory body. The Workshop focused on the critical relationships between the competence, effectiveness, transparency and independence of the nuclear safety regulatory authority in an embarking country, and the country’s ability to finance a nuclear power project. A second focus was on the role that long term electricity purchase agreements can play in the financing of a nuclear power project in an embarking country. Such agreements are an important financing consideration today and present challenges for energy planning authorities. The Workshop identified and addressed issues and options associated with pursuing this approach to financing.
The Workshop followed the interactive and experiential model used with success in London by having experts “role play” in open discussions about financing issues surrounding a hypothetical nuclear project, followed by all attendees participating in focused breakout discussions that explored key issues in greater detail. See the Final Workshop Report here

Workshop Functional Documents


Background Reading

IAEA Reference Materials

SMR Workshop Group photo 2014

The IFNEC Steering Group conducted a Small Modular Reactor (SMR) Workshop which was hosted by the Jordan Atomic Energy Commission in Jordan, June 11-12, 2014, in the Dead Sea. The goal of this invitation-only workshop was to bring together, under the auspices of the 63 countries of IFNEC, the full spectrum   of key stakeholders necessary to successfully deploy SMRs in order to gain an enhanced enterprise wide understanding of how SMRs could be effectively deployed in specific types of markets while identifying key challenges and opportunities.

This enterprise-wide approach convened experts and stakeholders (e.g., vendors, utilities, export credit agencies, insurers, nuclear safety and security regulators, energy planning authorities, export credit agencies etc.) with presentations and role playing for an interactive and insightful look at various SMR deployment options and approaches.  Discussions explored approaches and options for countries with limited capital, credit and infrastructure, as well as those with substantial capital, credit and infrastructure. IFNEC’s Participants, Observers and International Organizations were invited.  Over 120 people attended the SMR Workshop.  Subsequently, the Steering Group Committee released a publicly available Report on the SMR Workshop.  CLICK HERE to review the report. 

SMALL MODULAR REACTOR WORKSHOP June 11-12, 2014 - Dead Sea, Jordan

IAEA Reference Materials

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