ABSTRACT
Nuclear power has seen a modest recovery in policy interest in recent years as a supply of predictable, low-carbon electricity. For those countries hoping to use private capital to finance new construction, the question of whether nuclear is seen as “green” or “sustainable” may prove to be decisive in terms of the price or availability of capital. There are arguments for and against classifying nuclear as green, but the outcome will depend on the preferences of the ultimate providers of capital, which is the general public, intermediated by the expert committees of key institutional investors. It is far from clear how those two groups view nuclear, and there may be much to argue for by governments committed to new nuclear.
