Nukenomics: The commercialisation of Britain's nuclear industry [Illustrated] (Hardcover)

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• Core Issues: Dissecting Nuclear Power Today by Steve Kidd

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• Nuclear Energy in the 21st Century: World Nuclear University Press: World Nuclear Association by Ian Hore-Lacy

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Review
A review of Nukenomics was published on page 770 of the December 2008 Volume 95, Number 6 issue of Health Physics - The Radiation Protection Journal --Health Physics - The Radiation Protection Journal, 95, 6 (2008), p770

A review of Nukenomics published on www.no2nuclearpower.org.uk can be found at:
http://www.no2nuclearpower.org.uk/reviews/review03.php --http://www.no2nuclearpower.org.uk/reviews/review03.php

Product Description
The British nuclear industry is once again experiencing rapid and turbulent commercial change, transforming from a handful of public sector owned organisations into a series of private sector ones ready to tackle Britain s £100-billion-plus nuclear cleanup legacy.

At the same time, just when the future of nuclear energy looked set to be in terminal decline, the politics of global warming have delivered a dramatic return to respectability for nuclear power. Significant investment in new British nuclear power stations now seems almost certain; a situation that was unthinkable just a few years ago.

The restructuring of Britain's nuclear industry, and the resulting implications for the private sector, are explained in Ian Jackson's book Nukenomics: The commercialisation of Britain's nuclear industry. This Nuclear Engineering International special publication describes the major trends and market forces that are actively shaping the future development of the nuclear industry today, by explaining not just what things are happening but, more fundamentally, why.

Nukenomics explores the dynamics of this newly revitalised nuclear market by looking at five major commercial themes addressing key business questions.

Chapter 1, Paying for Nuclear Clean-up: The Decommissioning Market, explains why nuclear decommissioning costs paid for by British taxpayers are skyrocketing and how the government is attempting to bring these costs under control through privatisation of the nuclear industry. After examining the underlying factors responsible for driving an explosion in nuclear decommissioning costs, Chapter 1 analyses the market opportunity for nuclear cleanup firms and the scale of the financial risks and rewards available to market investors.

Chapter 2, Sites for Sale: Selling Nuclear Real Estate, looks at the government's future ambitions for selling cleaned up nuclear sites to commercial property developers and energy utility companies.

Chapter 3, Pricing Waste: The Economics of Nuclear Repositories, examines the search for a final dump site for Britain s historic nuclear waste legacy and the likely cost implications for taxpayers. After several failed attempts at finding a disposal location the government is now offering to negotiate financial incentives with local communities to accept the waste. Chapter 3 also looks at the thorny question of how much cash energy utility companies might be asked to pay for disposing of extra wastes from new nuclear power station build, which is likely to triple the total radioactivity in the community's repository.

Chapter 4, Selling Plutonium: The Market for MOX, examines Britain's role in the supply of MOX nuclear fuel manufactured from foreign plutonium stored at Sellafield. The chapter looks at the financing of the Sellafield MOX Plant (SMP), intended by the government to be a profitable commercial venture, and forecasts that taxpayers stand to lose several billion pounds. Chapter 4 goes on to examine the government's options for dealing with Britain's own much larger stockpile of plutonium, regarded by the nuclear industry as a valuable energy resource.

Chapter 5, Beyond Carbon: Nuclear Reactor Economics, discusses nuclear power's dramatic return to respectability as a low-carbon energy source to help combat climate change. The chapter looks at the economic justification for building a new generation of nuclear power stations, and how the fortunes of nuclear energy are crucially geared towards the carbon market developing in Europe. The chapter discusses the critical factors affecting nuclear energy investment and how nuclear power plants might make a decent profit for investors if carbon prices remain high over the long term.

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4 Reviews 5 star:  (2) 4 star:  (2) 3 star:    (0) 2 star:    (0) 1 star:    (0)           Average Customer Review 4.5 out of 5 stars (4 customer reviews)		Share your thoughts with other customers: Create your own review
Most Helpful Customer Reviews   2 of 2 people found the following review helpful: 4.0 out of 5 stars An independent account of the nuclear industry., 8 Jun 2008 By  Mr. W. J. Townsend "Bill Townsend" - See all my reviews (REAL NAME)    This is a book that everyone should read, whether working within the nuclear field or just someone who is interested in acquiring unbiased, non-politicised general knowledge. The author presents a clear and readable account of the nuclear industry in Britain today, covering a broad range of subjects which include decommissioning old nuclear power stations, dealing with nuclear waste, and the commercial prospects for supplying nuclear fuel, energy security, global warming and the future of nuclear energy in a low-carbon world. Chapters 1 and 4 (Decommissioning, and the Market for Mox) would be of more interest to those working within the industry, while the rest of the book would also appeal to the general public. Subjects such as the burying of nuclear waste within our community and factors affecting decisions to build new generations of nuclear power stations are emotive issues. Too often, the information we receive comes from radical or politicised sources. Jackson's book gives an opportunity to examine the arguments for and against nuclear issues, without spin or scaremongering. It links political and environmental issues with real-world business and financial issues. I recommend it. Comment Comment | Permalink | Was this review helpful to you? Yes No (Report this)   2 of 2 people found the following review helpful: 5.0 out of 5 stars Nukenomics.. takes a serious business take on the nuclear market., 12 May 2008 By  Mr. M. Patel (UK) - See all my reviews (REAL NAME)    Bang up-to-date and easy to read, Nukenomics explains how the everyday business principles of economics apply to the nuclear market in Britain. Don't be fooled by the jokey title, Nukenomics is a serious business book written for investors, managers and politicians. The cover price is worth it just for the chapter on the realities of the much-hyped nuclear decommissioning market alone. Written by an industry expert, Nukenomics takes an unsentimental look at how the nuclear market really operates, both the upsides and the downsides in equal measure. Jackson's practical insights look across the full spectrum of the nuclear business, from decommissioning ancient nuclear plants, cleaning-up and selling retired nuclear sites, burying the radioactive wastes and building new British nuclear reactors. If you really want to know how the nuclear industry works today, read this book. Manoj Patel Unity Solutions Comment Comment (1) | Permalink | Was this review helpful to you? Yes No (Report this)   1 of 1 people found the following review helpful: 4.0 out of 5 stars well worth a read, 28 Nov 2008 By  R. Edwards (Edinburgh, Scotland) - See all my reviews (REAL NAME)    An excellent guide to some of the key issues behind nuclear power. Read it and be warned. Comment Comment | Permalink | Was this review helpful to you? Yes No (Report this) Share your thoughts with other customers: Create your own review › See all 4 customer reviews...		Ad feedback   Most Recent Customer Reviews 5.0 out of 5 stars From the Preface to Nukenomics By Lord Jenkin Readers of Ian Jackson's excellent book, Nukenomics, will gain a very deep insight into the economics of the nuclear industry as it was in the past, as it is now, and is likely to... Read more Published 8 months ago by Ian Jackson Search Customer Reviews Only search this product's reviews › See all 4 customer reviews...

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