Manacker you are correct, in a way. But there are lots of assumptions.
- Is there an existing nuclear infrastructure already in operation in the country
- What is the price of electricity from the alternatives, e.g. new fossil fuel plants. Coal is cheap in Australia and gas is cheap in USA.
- what is the regulatory risk (e.g the AP1000 being built in China are less than half the cost of the same design in USA, (the cost of local labour is only a small part of that cost difference).
- what is the financial risk (which are largely due to politics and public perception – look what has happened to the German investors in nuclear power plants for example.
- discount rates
- local market conditions