Nuclear Expansion or Phase-Out? Costs and Opportunities

7 Pages Posted: 10 Jan 2014

See all articles by Enrica De Cian

Enrica De Cian

Fondazione Eni Enrico Mattei (FEEM); CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici

Samuel Carrara

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici

Massimo Tavoni

Fondazione Eni Enrico Mattei (FEEM); Princeton University - Princeton Environmental Institute

Date Written: January 09, 2014

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.

Keywords: Nuclear Power, Climate Mitigation Policies

JEL Classification: Q4, Q42, Q48

Suggested Citation

De Cian, Enrica and Carrara, Samuel and Tavoni, Massimo, Nuclear Expansion or Phase-Out? Costs and Opportunities (January 09, 2014). Review of Environment, Energy and Economics (Re3), Forthcoming. Available at SSRN: https://ssrn.com/abstract=2377216

Enrica De Cian

Fondazione Eni Enrico Mattei (FEEM) ( email )

Campo S. M. Formosa, Castello 5252
Venice, 30122
Italy

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici ( email )

via Augusto Imperatore, 16
Lecce, I-73100
Italy

Samuel Carrara

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici ( email )

via Augusto Imperatore, 16
Lecce, I-73100
Italy

Massimo Tavoni (Contact Author)

Fondazione Eni Enrico Mattei (FEEM) ( email )

Corso Magenta 63
20123 Milan
Italy

Princeton University - Princeton Environmental Institute

22 Chambers Street
Princeton, NJ 08544-0708
United States

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