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The Moratorium on Nuclear Energy: No Power Shortages Expected

Author

Listed:
  • Claudia Kemfert
  • Thure Traber

Abstract

With the moratorium on nuclear energy, the German federal government passed a resolution to shut down seven nuclear power plants for a period of three months. According to the calculations of DIW Berlin (German Institute for Economic Research), sufficient electricity is being produced despite the nuclear plants' removal from the grid. Electricity prices are only likely to increase slightly. The moratorium therefore does not pose a threat to the security of supply. However, with coal and gas-fired plants compensating for much of the fall in nuclear energy generation, a significant rise in greenhouse gas emissions is to be expected. An immediate shut down of all nuclear power plants is currently not an option since the remaining power plants are not able to securely provide the energy levels needed to meet demand during peak loads.

Suggested Citation

  • Claudia Kemfert & Thure Traber, 2011. "The Moratorium on Nuclear Energy: No Power Shortages Expected," DIW Economic Bulletin, DIW Berlin, German Institute for Economic Research, vol. 1(1), pages 3-6.
    • Handle: RePEc:diw:diwdeb:2011-1-1
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    File URL: https://www.diw.de/documents/publikationen/73/diw_01.c.375856.de/diw_econ_bull_2011-01-1.pdf
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    Citations

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    Cited by:

    1. Grossi, Luigi & Heim, Sven & Waterson, Michael, 2014. "A vision of the European energy future? The impact of the German response to the Fukushima earthquake," The Warwick Economics Research Paper Series (TWERPS) 1047, University of Warwick, Department of Economics.
    2. Solveig Glomsrød & Taoyuan Wei & Torben Mideksa & Bjørn Samset, 2015. "Energy market impacts of nuclear power phase-out policies," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 20(8), pages 1511-1527, December.
    3. Andr� Betzer & Markus Doumet & Ulf Rinne, 2013. "How policy changes affect shareholder wealth: the case of the Fukushima Dai-ichi nuclear disaster," Applied Economics Letters, Taylor & Francis Journals, vol. 20(8), pages 799-803, May.
    4. J. Micha Steinhäuser & Klaus Eisenack, 2015. "Spatial incidence of large-scale power plant curtailment costs," Working Papers V-379-15, University of Oldenburg, Department of Economics, revised Jul 2015.
    5. Steinhäuser, J. Micha & Eisenack, Klaus, 2020. "How market design shapes the spatial distribution of power plant curtailment costs," Energy Policy, Elsevier, vol. 144(C).

    More about this item

    Keywords

    German nuclear moratorium; energy policy; impacts on electricity prices;
    All these keywords.

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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