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Is nuclear economical in comparison to renewables?

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  • Suna, Demet
  • Resch, Gustav

Abstract

The European Union is divided on the issue of electricity production. While there is consensus that generation technologies need to be low on greenhouse gas emissions, the question of whether to use renewables or nuclear to meet this power demand is highly controversial. Both options still require financial support and this is not going to change in the near future. This raises the question of where public money should be invested in order to achieve greater economic efficiency: into support for renewable energies (RE) or support for nuclear power plants?

Suggested Citation

  • Suna, Demet & Resch, Gustav, 2016. "Is nuclear economical in comparison to renewables?," Energy Policy, Elsevier, vol. 98(C), pages 199-209.
  • Handle: RePEc:eee:enepol:v:98:y:2016:i:c:p:199-209
    DOI: 10.1016/j.enpol.2016.08.023
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    References listed on IDEAS

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    1. Lina Escobar Rangel and Francois Leveque, 2015. "Revisiting the Cost Escalation Curse of Nuclear Power: New Lessons from the French Experience," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
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    Cited by:

    1. Magdalena Ligus, 2017. "Evaluation of Economic, Social and Environmental Effects of Low-Emission Energy Technologies Development in Poland: A Multi-Criteria Analysis with Application of a Fuzzy Analytic Hierarchy Process (FA," Energies, MDPI, vol. 10(10), pages 1-20, October.
    2. Sylwia Mrozowska & Jan A. Wendt & Krzysztof Tomaszewski, 2021. "The Challenges of Poland’s Energy Transition," Energies, MDPI, vol. 14(23), pages 1-22, December.
    3. Pilpola, Sannamari & Lund, Peter D., 2018. "Effect of major policy disruptions in energy system transition: Case Finland," Energy Policy, Elsevier, vol. 116(C), pages 323-336.
    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. 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).
    6. Katarzyna Zawalińska & Jouko Kinnunen & Piotr Gradziuk & Dorota Celińska-Janowicz, 2020. "To Whom Should We Grant a Power Plant? Economic Effects of Investment in Nuclear Energy in Poland," Energies, MDPI, vol. 13(11), pages 1-26, May.

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