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Economic assessment of the political and technical management of large-scale public projects. The deployment schedule of France’s deep geological repository of radioactive waste

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  • Phuong Hoai Linh Doan

Abstract

In France, the 2006 act on radioactive waste management stipulated the rapid deployment of a deep geological repository (DGR) for high-level waste (HLW) management. This paper analyzes the impact of different DGR deployment schedules on project costs in order to discern an optimal schedule for the disposal of radioactive waste. It appears more economically favorable to extend the duration of storage rather than to dispose of the waste immediately. However, the French parliament has decided to act quickly, accepting a 1.5% excess cost every year, to avoid leaving the burden to future generations and to continue nuclear development. Secondly, the analysis reveals the economic benefits of shortening the duration of the disposal process. JEL classification: Q01, Q58, Q48.

Suggested Citation

  • Phuong Hoai Linh Doan, 2019. "Economic assessment of the political and technical management of large-scale public projects. The deployment schedule of France’s deep geological repository of radioactive waste," Revue d'économie industrielle, De Boeck Université, vol. 0(2), pages 65-90.
    • Handle: RePEc:cai:reidbu:rei_166_0065
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    More about this item

    Keywords

    radioactive waste management; deep geological repository; deployment schedule; discount rate;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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