Abstract

The Nuclear Electricity Generation Plant (NEGP) has long been studied in Indonesia, however the construction of the first NEGP still has not been realized because of various factors, including concerns related to high costs and inadequate understanding of NEGP benefits, although a comprehensive cost and benefit analysis has not been thoroughly examined. This study was conducted to provide a more detailed analysis of cost-benefit aspects of NEGP construction in Indonesia. The results of this study are to calculate the total cost of the initial investment, operating cost, decommissioning cost, and LCOE. Social costs were also included; in the form of opportunity costs caused by construction delays, and costs associated to accident mitigation and prevention. The potential economic benefits of building NEGP are net corporate profit, government income from taxes, and increased national output, as well as the potential revenue from the sale of carbon allowances. The potential intangible benefits from NEGP construction include the achievement of national energy mix objectives, carbon emissions reduction, job creation, and social welfare improvements.

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