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Economics of nuclear and renewables

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  • Khatib, Hisham
  • Difiglio, Carmine

Abstract

This paper provides an assessment of the economic challenges faced by both nuclear power and “new” renewable electricity technologies. The assessment reflects the need to incorporate new renewables into power grids and issues faced in dispatching power and their effect on traditional electricity technologies as well as the need for transmission extension and/or grid reinforcement.

Suggested Citation

  • Khatib, Hisham & Difiglio, Carmine, 2016. "Economics of nuclear and renewables," Energy Policy, Elsevier, vol. 96(C), pages 740-750.
    • Handle: RePEc:eee:enepol:v:96:y:2016:i:c:p:740-750
    DOI: 10.1016/j.enpol.2016.04.013
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    References listed on IDEAS

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    1. Lion Hirth, 2013. "The Market Value of Variable Renewables. The Effect of Solar and Wind Power Variability on their Relative Price," RSCAS Working Papers 2013/36, European University Institute.
    2. Grubler, Arnulf, 2010. "The costs of the French nuclear scale-up: A case of negative learning by doing," Energy Policy, Elsevier, vol. 38(9), pages 5174-5188, September.
    3. Kessides, Ioannis N., 2010. "Nuclear power: Understanding the economic risks and uncertainties," Energy Policy, Elsevier, vol. 38(8), pages 3849-3864, August.
    4. Khatib, Hisham, 2016. "A review of the IEA/NEA Projected Costs of Electricity – 2015 edition," Energy Policy, Elsevier, vol. 88(C), pages 229-233.
    5. Hirth, Lion, 2013. "The market value of variable renewables," Energy Economics, Elsevier, vol. 38(C), pages 218-236.
    6. Vithayasrichareon, Peerapat & MacGill, Iain F., 2013. "Assessing the value of wind generation in future carbon constrained electricity industries," Energy Policy, Elsevier, vol. 53(C), pages 400-412.
    7. Ueckerdt, Falko & Hirth, Lion & Luderer, Gunnar & Edenhofer, Ottmar, 2013. "System LCOE: What are the costs of variable renewables?," Energy, Elsevier, vol. 63(C), pages 61-75.
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    Citations

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    Cited by:

    1. Florentina Paraschiv & Dima Mohamad, 2020. "The Nuclear Power Dilemma—Between Perception and Reality," Energies, MDPI, vol. 13(22), pages 1-19, November.
    2. Korotayev, Andrey & Bilyuga, Stanislav & Belalov, Ilya & Goldstone, Jack, 2018. "Oil prices, socio-political destabilization risks, and future energy technologies," Technological Forecasting and Social Change, Elsevier, vol. 128(C), pages 304-310.
    3. Hsiao, Cody Yu-Ling & Chen, Hsing Hung, 2018. "The contagious effects on economic development after resuming construction policy for nuclear power plants in Coastal China," Energy, Elsevier, vol. 152(C), pages 291-302.
    4. Mezősi, András & Felsmann, Balázs & Kerekes, Lajos & Szabó, László, 2020. "Coexistence of nuclear and renewables in the V4 electricity system: Friends or enemies?," Energy Policy, Elsevier, vol. 140(C).
    5. Winkler, Jenny & Pudlik, Martin & Ragwitz, Mario & Pfluger, Benjamin, 2016. "The market value of renewable electricity – Which factors really matter?," Applied Energy, Elsevier, vol. 184(C), pages 464-481.
    6. Black, Geoffrey A. & Aydogan, Fatih & Koerner, Cassandra L., 2019. "Economic viability of light water small modular nuclear reactors: General methodology and vendor data," Renewable and Sustainable Energy Reviews, Elsevier, vol. 103(C), pages 248-258.
    7. Griffiths, Steven, 2017. "A review and assessment of energy policy in the Middle East and North Africa region," Energy Policy, Elsevier, vol. 102(C), pages 249-269.
    8. Portugal-Pereira, J. & Ferreira, P. & Cunha, J. & Szklo, A. & Schaeffer, R. & Araújo, M., 2018. "Better late than never, but never late is better: Risk assessment of nuclear power construction projects," Energy Policy, Elsevier, vol. 120(C), pages 158-166.
    9. Kim, Ju-Hee & Yoo, Seung-Hoon, 2021. "Comparison of the economic effects of nuclear power and renewable energy deployment in South Korea," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).
    10. Ruhnau, Oliver, 2020. "Market-based renewables: How flexible hydrogen electrolyzers stabilize wind and solar market values," EconStor Preprints 227075, ZBW - Leibniz Information Centre for Economics.

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