Nuclear Expansion or Phase-Out? Costs and Opportunities
7 Pages Posted: 10 Jan 2014
Date Written: January 09, 2014
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: Suggested Citation