PETALING JAYA: Tenaga Nasional Bhd
(TNB) may take an active role in asset ownership if the government pushes through its nuclear power plant development, according to UOB Kay Hian (UOBKH) Research.
The research house said nuclear power plants require substantial upfront capital, but this is offset by a long operational lifespan of 60 to 80 years and stable fuel prices, resulting in one of the lowest levelised cost of energy, second only to solar.
The upfront capital for one gigawatt (GW) capacity is about US$4bil to US$10bil, or approximately RM16bil to RM40bil, at current exchange rates.
“The average payback period for nuclear power plants sits at around 25 years.
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