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Nuclear power plant after Fukushima incident: Lessons from Japan to Thailand for choosing power plant options

Author

Listed:
  • Tatcha Sudtasan

    (Chiang Mai University)

  • Komsan Suriya

    (Chiang Mai University)

Abstract

This study evaluates four power plant options in Thailand to suggest whether the country should adopt nuclear power plants. It includes a scenario that nuclear power plants are forced to be shut because of natural disaster like what happened at Fukushima Daiishi nuclear power plant in Japan. The results found that, in terms of net present value both in duration of 30 and 50 years, nuclear power plants is the best choice under certainty of no severe natural disaster that would interrupt the operation of the power plants. With a possible big natural disaster, it has proven that Thailand should not rely on only nuclear power plants; the country should balance the sources of electrical supplies to ensure that people will not suffer from severe electrical shortage.

Suggested Citation

  • Tatcha Sudtasan & Komsan Suriya, 2012. "Nuclear power plant after Fukushima incident: Lessons from Japan to Thailand for choosing power plant options," The Empirical Econometrics and Quantitative Economics Letters, Faculty of Economics, Chiang Mai University, vol. 1(3), pages 1-8, September.
    • Handle: RePEc:chi:journl:v:1:y:2012:i:3:p:1-8
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    File URL: http://www.jyoungeconomist.com/images/stories/EEQEL_V1_N3_September_2012_Sudtasan_Suriya.pdf
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    Citations

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    Cited by:

    1. Iniwasikima D. Poloamina & Ufot Clement Umoh, 2013. "The determinants of electricity access in Sub-Saharan Africa," The Empirical Econometrics and Quantitative Economics Letters, Faculty of Economics, Chiang Mai University, vol. 2(4), pages 65-74, December.

    More about this item

    Keywords

    Nuclear power plant; Fukushima Daiishi; Power plant options; Electrical generation; Project Feasibility;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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