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The Cost of Switching Electricity Generation From Coal to Nuclear Fuel

Author

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  • Maria R. Virdis
  • Michael Rieber

Abstract

The Western European and Japanese nuclear power cost advantage over coal-fired electricity generation has been used, particularly since global warming became an issue, to counterpoint the U.S. experience - where the advantage is not apparent. Using OECD methodology, this paper examines the OECD assumptions and, as necessary, replaces them with European/lapanese practice. Additionally, for comparison with the U.S., market conditions replace statist controls. With the revised assumptions, the OECD data are resimulated yielding a severe reduction or reversal of the European/Japanese nuclear to coal advantage. Since the new generation is only developmental, existing technologies are used.

Suggested Citation

  • Maria R. Virdis & Michael Rieber, 1991. "The Cost of Switching Electricity Generation From Coal to Nuclear Fuel," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 109-134.
  • Handle: RePEc:aen:journl:1991v12-02-a07
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    Cited by:

    1. Dongwang Zhang & Tuo Zhou & Zhihong Liu & Hairui Yang & Rushan Bie & Man Zhang, 2024. "Matching Analysis of Technical Parameters and Safety Standards for Nuclear Replacement of Coal-Fired Units," Energies, MDPI, vol. 17(22), pages 1-15, November.
    2. Michanek, Gabriel & Söderholm, Patrik, 2009. "Licensing of nuclear power plants: The case of Sweden in an international comparison," Energy Policy, Elsevier, vol. 37(10), pages 4086-4097, October.

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    JEL classification:

    • F0 - International Economics - - General

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