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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

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    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. 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.
    5. Barbara Koelbl & Machteld Broek & André Faaij & Detlef Vuuren, 2014. "Uncertainty in Carbon Capture and Storage (CCS) deployment projections: a cross-model comparison exercise," Climatic Change, Springer, vol. 123(3), pages 461-476, April.
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    7. Perrier, Quentin, 2018. "The second French nuclear bet," Energy Economics, Elsevier, vol. 74(C), pages 858-877.
    8. 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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    11. 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).
    12. Valentina Bosetti & Carlo Carraro & Marzio Galeotti & Emanuele Massetti & Massimo Tavoni, 2006. "A World Induced Technical Change Hybrid Model," The Energy Journal, , vol. 27(2_suppl), pages 13-37, June.
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    15. Bosetti, Valentina & Longden, Thomas, 2013. "Light duty vehicle transportation and global climate policy: The importance of electric drive vehicles," Energy Policy, Elsevier, vol. 58(C), pages 209-219.
    16. 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.
    17. Kessides, Ioannis N., 2014. "Powering Africa׳s sustainable development: The potential role of nuclear energy," Energy Policy, Elsevier, vol. 74(S1), pages 57-70.
    18. 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.
    19. 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.
    20. 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.
    21. Elmar Kriegler & Jae Edmonds & Stéphane Hallegatte & Kristie Ebi & Tom Kram & Keywan Riahi & Harald Winkler & Detlef Vuuren, 2014. "A new scenario framework for climate change research: the concept of shared climate policy assumptions," Climatic Change, Springer, vol. 122(3), pages 401-414, February.
    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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