Is nuclear economical in comparison to renewables?

Demet Suna, Gustav Resch

Publikation: Beitrag in FachzeitschriftArtikelBegutachtung

Abstract

The EuropeanUnionisdividedontheissueofelectricityproduction.Whilethereisconsensusthat generationtechnologiesneedtobelowongreenhousegasemissions,thequestionofwhethertouse renewablesornucleartomeetthispowerdemandishighlycontroversial.Bothoptionsstillrequire financial supportandthisisnotgoingtochangeinthenearfuture.Thisraisesthequestionofwhere public moneyshouldbeinvestedinordertoachievegreatereconomicefficiency: intosupportforre- newableenergies(RE)orsupportfornuclearpowerplants? This papersetsouttoanswerthisquestion.Thedetailedmodel-basedprospectivescenarioassess- ment performedinthisstudyprovidesthebasisforestimatingfuturecostdevelopments.Afterdis- cussing theexistingsupportschemesforrenewables,thepapercomparesthesewithanuclearmodel. The comparisonisconductedexemplarilyfortheUnitedKingdom(UK)atacountrylevelandfortheEU 28 verall.TherecentstateaidcasefortheconstructionoftheHinkleyPointnuclearpowerplant(NPP)in theUKservesasthemodelforthenuclearoption.
OriginalspracheEnglisch
Seiten (von - bis)199-209
Seitenumfang11
FachzeitschriftEnergy Policy
Volume98
PublikationsstatusVeröffentlicht - 2016

Research Field

  • Ehemaliges Research Field - Energy

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