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Nuclear Expansion or Phase-Out? Costs and Opportunities

Author

Listed:
  • Samuel Carrara

    (FEEM)

  • Enrica De Cian

    (FEEM)

  • Massimo Tavoni

    (FEEM)

Abstract

Nuclear power lost significant credibility after the accident in Japan of 2011, leading to downward revisions about its development in the coming years. Yet, the British government has just approved the construction of a nuclear power plant in the UK, at a strike price which has puzzled many analysts for being close that of renewable alternatives today. In this article we explore future scenarios for nuclear power vis à vis with renewables for meeting climate mitigation policies, providing insights on technological progress in renewables and overall economic costs of reducing nuclear power.

Suggested Citation

  • Samuel Carrara & Enrica De Cian & Massimo Tavoni, 2014. "Nuclear Expansion or Phase-Out? Costs and Opportunities," Review of Environment, Energy and Economics - Re3, Fondazione Eni Enrico Mattei, January.
    • Handle: RePEc:fem:femre3:2014.01-01
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    File URL: http://re3.feem.it/getpage.aspx?id=6044
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    More about this item

    Keywords

    Nuclear Power; Climate Mitigation Policies;

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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