International Working Group Meeting Focuses on Nuclear Power Infrastructure Development and Financing of New Nuclear Projects

VIENNA, AUSTRIA – The multi-nation Infrastructure Development Working Group (IDWG) held its fifth meeting and also a workshop on the financing of international nuclear power projects in Vienna, Austria, on December 9-10, 2009.  An official from the U.S. Department of Energy (DOE) led the working group meeting.

“As a key component of the international Global Nuclear Energy Partnership (GNEP) program, the Infrastructure Development Working Group supports the safe, secure and responsible use of nuclear energy,” said Assistant Secretary for Nuclear Energy Warren F. Miller, Jr.  “The group seeks to support the development of infrastructure needed for the worldwide expansion of nuclear power by identifying common interests and concerns, recommending practical measures, and promoting information sharing.”

More than 20 countries were represented at the meeting and workshop, with over 90 participants from GNEP member governments and observers, international agencies, the nuclear industry, investment banks and financial agencies, and professional associations. 

During the financing workshop, the participants identified new approaches for expanding nuclear power financing options to provide greater opportunity for nuclear power to contribute to climate and energy security goals.  Also, the financing advantages associated with small and medium-size reactor technologies were discussed.

At the IDWG meeting, participants discussed human resources issues, including opportunities for expansion of professional exchanges, development of a nuclear skills passport, and improvement of methods for assessing human resource needs.  Funding approaches for nuclear waste management were also discussed.