Innovative and mundane

Viewpoint: Combining the RAB and alliance models for new nuclear in the UK

Using the regulated asset base model has the potential for cost-overrun that can be somewhat addressed through the 'alliance' model, that is, a model based on one unified agreement under which all parties share the benefits and risks, write Vincent Zabielski and Elina Teplinsky, respectively, special counsel and partner at Pillsbury Winthrop Shaw Pittman LLP.

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