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УДК: 323+33.02+342.951 DOI:10.33920/pol-01-2110-04

He social significance of nuclear energy and investments in large infrastructure projects

Ustinovich Elena Stepanovna Doctor of Political Science, Associate Professor; Head of the Department of Economics, Management and Humanities, Kursk State Agricultural Academy named after I.I. Ivanova, Russia, 305004, Kursk, Karl Marx, 70, +7 960 694 5656, Е-mail: lenausti@mail.ru, ORCID ID: 0000-0002-7690-8504

Nuclear energy is a source of reliable, low-carbon electricity, and it is widely recognized that its role must grow in reducing carbon dioxide emissions to mitigate the effects of climate change. One of the main obstacles to the necessary expansion is the challenge of securing competitive financing for new nuclear power plants. A nuclear power plant as an investment facility does not fundamentally differ from investment in any large infrastructure project. It is characterized by high initial capital costs and a long construction period followed by a long payback period. However, there are several features specific to nuclear projects that present special considerations for investors. This article presents an analysis of the specifics of investments in regulated and deregulated markets, as well as the social significance of nuclear energy

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Received August 02, 2021.

Investment is essential for any national economy. Various scientists have dealt with the problem of investment policy at the macro and micro levels in Russian science [1; 2, p. 51–53; 3, p. 14–17; 4, p. 164–169; 5, p. 329–331; 6, p. 51–69; 7; 8].

However, it should be noted that such sources of scientific literature as the Russian State Library, eLibrary, Cyberleninka, do not provide a lot of research on investment issues. Statistical data on investment issues is also not always sufficient, from which it follows that the problem is challenging. This particularly applies to investments in large in frastructure projects. Let us consider investment issues using the example of the nuclear industry.

As it is noted by the Ye.O. Adamov, Ye. Muravyov, «the only serious alternative to both the dominant carbon power industry based on fossil fuels and carbon-free renewable energy sources can only be nuclear power» [1].

A.V. Alekseyeva, G. I. Zolotaryova outline that «trends in the country's economic development largely depend on the state of its energy sector. The Russian economy receives significant competitive advantages due to the presence of advanced technologies in the energy sector. At the same time, the economic policy of Russia is focused on increasing the efficiency of using natural energy resources, mastering and developing nuclear energy technologies: reactors on fast neurons, closed nuclear fuel cycle technologies, expanding the range of used renewable energy sources, creating new energy-saving and transmission systems» [2, p. 6–7].

Some publications have been devoted to the development of the nuclear power industry in the country aspect over the past few years [3, p. 104–114; 6, p. 1–10; 7, p. 12–17; 8, p. 15–23; 9, p. 11–17; 10, p. 28–39; 11, p. 19–24]. Least of all publications on economic sciences. Meanwhile, the nuclear power industry in individual countries accounts for a significant amount of investment, and it is of social importance for the prospects for the development of entire peoples and states.

Для Цитирования:
Ustinovich Elena Stepanovna, He social significance of nuclear energy and investments in large infrastructure projects. Социальная политика и социальное партнерство. 2021;10.
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