In a high-risk business environment, decision-making in the face of uncertainty becomes increasingly crucial. Such decision-making requires high performance financial cost/risk models to assess the value of different options over time, in order to optimise strategies and business development. NROM (Nuclear Real Options Model) assesses financial cost and risks in uncertain and risky market conditions.
Decision-making in nuclear energy spans long time frames which go hand-in-hand with intrinsic uncertainties. In addition, there are also various extrinsic risks which may impact on tomorrow’s nuclear energy performance. Two particular examples are:
NROM uses a combination of the stochastic Net Present Value and Real Options Analysis methodologies in a hybridised modelling tool to address key questions, such as:
In addition to NROM, Nuclear-21 offers FCCM, the Fuel Cycle Costing Model, for financial comparison of options in the shorter-term.
Interested in using NROM? Contact us to discuss your needs.