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Economie Impacts of a Premature Nuclear Phase-Out in Switzerland: An Applied General Equilibrium Analysis

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  • Chrisoph Böhringer
  • André Müller
  • Marcel Wickart

Abstract

This paper investigates the economic impacts of two policy proposals, "Strom ohne Atom" (SOA) and "Moratorium Plus" (MOP), both of which contain a premature phase-out of nuclear power in Switzerland. Based on simulations with an intertemporal multi-sector computable general equilibrium (CGE) model of the Swiss economy, we quantify the price tags for risk reduction from nuclear power operation given additional constraints on backup technologies and carbon neutrality. An important feature of the dynamic CGE model underlying our analysis is the bottom-up activity analysis representation of electricity generation in an otherwise top-down framework.

Suggested Citation

  • Chrisoph Böhringer & André Müller & Marcel Wickart, 2003. "Economie Impacts of a Premature Nuclear Phase-Out in Switzerland: An Applied General Equilibrium Analysis," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 139(IV), pages 461-505, December.
    • Handle: RePEc:ses:arsjes:2003-iv-2
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    References listed on IDEAS

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    1. Frei, Christoph W. & Haldi, Pierre-Andre & Sarlos, Gerard, 2003. "Dynamic formulation of a top-down and bottom-up merging energy policy model," Energy Policy, Elsevier, vol. 31(10), pages 1017-1031, August.
    2. Chipman, John S., 1974. "Homothetic preferences and aggregation," Journal of Economic Theory, Elsevier, vol. 8(1), pages 26-38, May.
    3. Gürkan Kumbaroğlu & Reinhard Madlener, 2003. "Energy and Climate Policy Analysis with the Hybrid Bottom-Up Computable General Equilibrium Model SCREEN: The Case of the Swiss CO 2 Act," Annals of Operations Research, Springer, vol. 121(1), pages 181-203, July.
    4. Bohringer, Christoph, 1998. "The synthesis of bottom-up and top-down in energy policy modeling," Energy Economics, Elsevier, vol. 20(3), pages 233-248, June.
    5. Messner, Sabine & Schrattenholzer, Leo, 2000. "MESSAGE–MACRO: linking an energy supply model with a macroeconomic module and solving it iteratively," Energy, Elsevier, vol. 25(3), pages 267-282.
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    Cited by:

    1. 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.
    2. Sophie Maire & Philippe Thalmann & Frank Vöhringer, 2019. "Welfare effects of technology-based climate policies in liberalized electricity markets: seeing beyond total system cost," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 155(1), pages 1-12, December.

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    More about this item

    Keywords

    nuclear phase-out; computable general equilibrium; activity analysis;
    All these keywords.

    JEL classification:

    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models

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