The use of floating nuclear power plants is economically effective in regions where the expenses for transportation of fuel are at least 50% higher than its cost. In the future the initial capacity of the plant (70MW) will be raised to 300-400MW due to the use of unique technologies designed for nuclear submarines.

The use of floating NPP is economically expedient for the following reasons:

  • the construction of floating NPP costs as much as the construction of a plant working on organic fuel; 
  • the period of construction is much shorter (3-3.5 years); 
  • the reactor is assembled by specialized manufacturer and delivered to the site; 
  • very little construction and installation work done onsite; 
  • the operation is based on shift regime; 
  • maintenance of the plant and treatment of radioactive waste is carried out by specialized companies; 
  • the biggest advantage of floating NPP over other sources of energy is the cost of 1KW/h – 1.5-2 RUR, which is much lower than the cost of coal, gas, masout or diesel fuel; 
  • the investment cycle of this project is much shorter due to minimum construction and installation work onsite; 
  • high quality of the reactor and its construction on turn-key basis by specialized company; 
  • the plant can be stationed very close to the potential consumer; 
  • the plant is operated on a shift basis; 
  • decommissioning is easy (stopped plant is towed to a specialized enterprise for disposal). 

The economic profitability of floating NPP is obvious: the government saves money on transportation of organic fuel to remote regions. The nuclear industry has all necessary infrastructure for building, maintaining, decommissioning and disposing of floating NPP and training operating personnel. 

In case of serial production, the cost of he second and the following plants will be 15%-20% lower, which will make it even more profitable.