About Us

Nucleon Consulting was founded from the former CEO of NPP Kozloduy Iordan Iordanov in 2002 as a company specialized in providing consultancy services in Bulgarian nuclear sector and abroad.

Nucleon Consulting has been working for more than ten years for the planning and implementation of projects for small modular reactors in Bulgaria. Small modular reactors are the next generation of nuclear technology, completely safe and cost-effective. Currently, all leading nuclear countries are rapidly developing such projects.

Technological Assessment

Each SMR deployment has its own specifics, which affects the investment process and operation. After analyzing the needs and circumstances, Nucleon Consulting recommends the required configuration of the SMR plant and the expected readiness for its deployment, as well as an initial assessment of the suitability of a prospective site.

Regulatory Planning

According to the specifics of each type of SMR, Nucleon Consulting analyzes its compliance with the current regulatory framework and all the necessary steps and deadlines for its licensing for regular operation.

Financial Analysis

Nucleon Consulting analyzes finanacial prospects various types of SMR:

  • Expected capital cost: Overnight cost per installed kilowatt, including costs for site, equipment, construction, installation costs and cost of financing.
  • Expected operating costs: fixed and variable costs, fuel component, deductions to SNF decommissioning and management funds, liability insurance.

Safety Assessment

Based on the manufacturer's specifications, Nucleon Consulting performs an initial assessment of SNF management and technological parameters for the safe operation of each type SMR.

Marketing Analysis

Based on the technological and financial parameters of a type SMR, Nucleon Consulting conducts the following types of studies:

  • Different yearly load scenarios and load profiles
  • Comparison with estimated electricity prices from competing technologies
  • Trends in the price of electricity on a regional and European scale
  • Expected market penetration and return in the integrated European electricity market