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Reactor ageing and phase-out policies: global and regional prospects for nuclear power generation

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  • Carrara, Samuel

Abstract

Nuclear is considered as a valuable option for the decarbonization of power generation, as it is a no-carbon, yet commercially consolidated technology. However, its real prospects are uncertain, especially in the OECD countries. The main aim of this work is to explore the techno-economic implications of policy-relevant scenarios for nuclear power, designed on the actual prospects in the world regions and developed with the Integrated Assessment Model WITCH.

Suggested Citation

  • Carrara, Samuel, 2020. "Reactor ageing and phase-out policies: global and regional prospects for nuclear power generation," Energy Policy, Elsevier, vol. 147(C).
    • Handle: RePEc:eee:enepol:v:147:y:2020:i:c:s0301421520305516
    DOI: 10.1016/j.enpol.2020.111834
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    References listed on IDEAS

    as
    1. Lucas W. Davis, 2012. "Prospects for Nuclear Power," Journal of Economic Perspectives, American Economic Association, vol. 26(1), pages 49-66, Winter.
    2. Valentina Bosetti & Carlo Carraro & Marzio Galeotti & Emanuele Massetti & Massimo Tavoni, 2006. "WITCH. A World Induced Technical Change Hybrid Model," Working Papers 2006_46, Department of Economics, University of Venice "Ca' Foscari".
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    4. Pietzcker, Robert C. & Ueckerdt, Falko & Carrara, Samuel & de Boer, Harmen Sytze & Després, Jacques & Fujimori, Shinichiro & Johnson, Nils & Kitous, Alban & Scholz, Yvonne & Sullivan, Patrick & Ludere, 2017. "System integration of wind and solar power in integrated assessment models: A cross-model evaluation of new approaches," Energy Economics, Elsevier, vol. 64(C), pages 583-599.
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    6. Carrara, Samuel & Longden, Thomas, 2017. "Freight Futures: The Potential Impact of Road Freight on Climate Policy," MITP: Mitigation, Innovation and Transformation Pathways 253731, Fondazione Eni Enrico Mattei (FEEM).
    7. Volker Krey & Gunnar Luderer & Leon Clarke & Elmar Kriegler, 2014. "Getting from here to there – energy technology transformation pathways in the EMF27 scenarios," Climatic Change, Springer, vol. 123(3), pages 369-382, April.
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    9. Carrara, Samuel, 2019. "Assessing the Techno-economic Effects of the Delayed Deployment of CCS Power Plants," FEP: Future Energy Program 288461, Fondazione Eni Enrico Mattei (FEEM) > FEP: Future Energy Program.
    10. Johannes Emmerling & Laurent Drouet & Lara Aleluia Reis & Michela Bevione & Loic Berger & Valentina Bosetti & Samuel Carrara & Enrica De Cian & Gauthier De Maere D'Aertrycke & Tom Longden & Maurizio M, 2016. "The WITCH 2016 Model - Documentation and Implementation of the Shared Socioeconomic Pathways," Working Papers 2016.42, Fondazione Eni Enrico Mattei.
    11. Valentina Bosetti, Carlo Carraro, Marzio Galeotti, Emanuele Massetti, Massimo Tavoni, 2006. "A World induced Technical Change Hybrid Model," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 13-38.
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    13. Perrier, Quentin, 2018. "The second French nuclear bet," Energy Economics, Elsevier, vol. 74(C), pages 858-877.
    14. Carrara, Samuel & Marangoni, Giacomo, 2017. "Including system integration of variable renewable energies in a constant elasticity of substitution framework: The case of the WITCH model," Energy Economics, Elsevier, vol. 64(C), pages 612-626.
    15. Enrica Cian & Samuel Carrara & Massimo Tavoni, 2014. "Innovation benefits from nuclear phase-out: can they compensate the costs?," Climatic Change, Springer, vol. 123(3), pages 637-650, April.
    16. Detlef Vuuren & Elmar Kriegler & Brian O’Neill & Kristie Ebi & Keywan Riahi & Timothy Carter & Jae Edmonds & Stephane Hallegatte & Tom Kram & Ritu Mathur & Harald Winkler, 2014. "A new scenario framework for Climate Change Research: scenario matrix architecture," Climatic Change, Springer, vol. 122(3), pages 373-386, February.
    17. Brian O’Neill & Elmar Kriegler & Keywan Riahi & Kristie Ebi & Stephane Hallegatte & Timothy Carter & Ritu Mathur & Detlef Vuuren, 2014. "A new scenario framework for climate change research: the concept of shared socioeconomic pathways," Climatic Change, Springer, vol. 122(3), pages 387-400, February.
    18. Ahearne, John F., 2011. "Prospects for nuclear energy," Energy Economics, Elsevier, vol. 33(4), pages 572-580, July.
    19. Kessides, Ioannis N., 2014. "Powering Africa׳s sustainable development: The potential role of nuclear energy," Energy Policy, Elsevier, vol. 74(S1), pages 57-70.
    20. Kristie Ebi & Stephane Hallegatte & Tom Kram & Nigel Arnell & Timothy Carter & Jae Edmonds & Elmar Kriegler & Ritu Mathur & Brian O’Neill & Keywan Riahi & Harald Winkler & Detlef Vuuren & Timm Zwickel, 2014. "A new scenario framework for climate change research: background, process, and future directions," Climatic Change, Springer, vol. 122(3), pages 363-372, February.
    21. Budnitz, Robert J. & Rogner, H-Holger & Shihab-Eldin, Adnan, 2018. "Expansion of nuclear power technology to new countries – SMRs, safety culture issues, and the need for an improved international safety regime," Energy Policy, Elsevier, vol. 119(C), pages 535-544.
    22. Samuel Carrara, 2019. "Assessing the Techno-economic Effects of the Delayed Deployment of CCS Power Plants," Working Papers 2019.10, Fondazione Eni Enrico Mattei.
    23. Hof, Andries F. & Carrara, Samuel & De Cian, Enrica & Pfluger, Benjamin & van Sluisveld, Mariësse A.E. & de Boer, Harmen Sytze & van Vuuren, Detlef P., 2020. "From global to national scenarios: Bridging different models to explore power generation decarbonisation based on insights from socio-technical transition case studies," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
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    More about this item

    Keywords

    Nuclear; Power generation; Climate change mitigation; Integrated assessment models;
    All these keywords.

    JEL classification:

    • C69 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Other
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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