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dc.contributor.authorGlomsrød, Solveig
dc.contributor.authorWei, Taoyuan
dc.contributor.authorMideksa, Torben Kenea
dc.contributor.authorSamset, Bjørn Hallvard
dc.date.accessioned2013-05-07T09:48:24Z
dc.date.available2013-05-07T09:48:24Z
dc.date.issued2013
dc.identifier.issn0504-452X
dc.identifier.urihttp://hdl.handle.net/11250/95687
dc.description.abstractAfter the Fukushima disaster in March 2011 safety concerns have escalated and policies towards nuclear power are being reconsidered in several countries. This article presents a study of the effect of nuclear power phase-out on regional electricity prices. We consider 4 scenarios with various levels of ambition to scale down the nuclear industry using a multiple region, multiple sector global general equilibrium model. Non-nuclear power production follows the New Policies scenario of the World Energy Outlook (IEA, 2010). Phase-out in Germany and Switzerland increases electricity prices of OECD-Europe moderately by 2-3 per cent early on to 4-5 per cent by 2035 if transmission capacity within the region is sufficient. If all regions shut down old plants built before 2011, North America, OECD-Europe and Japan face increasing electricity prices in the range of 23-28 per cent in 2035. These price increases illustrate the incentives for further investments in renewable electricity or improved technologies in nuclear power production.
dc.language.isoeng
dc.publisherCICERO Center for International Climate and Environmental Research - Oslo
dc.relation.ispartofCICERO Working Paper
dc.relation.ispartofseriesCICERO Working Paper;2013:01
dc.titleEnergy Market Impacts of Nuclear Power Phase-Out Policies
dc.typeResearch report
dc.source.pagenumber33


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