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The Moratorium on Nuclear Energy: No Power Shortages Expected

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Author Info

  • Claudia Kemfert
  • Thure Traber

Abstract

With the moratorium on nuclear energy, the German federal government passed a resolution to shut down seven nuclear power plants for a period of three months. According to the calculations of DIW Berlin (German Institute for Economic Research), sufficient electricity is being produced despite the nuclear plants' removal from the grid. Electricity prices are only likely to increase slightly. The moratorium therefore does not pose a threat to the security of supply. However, with coal and gas-fired plants compensating for much of the fall in nuclear energy generation, a significant rise in greenhouse gas emissions is to be expected. An immediate shut down of all nuclear power plants is currently not an option since the remaining power plants are not able to securely provide the energy levels needed to meet demand during peak loads.

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File URL: http://www.diw.de/documents/publikationen/73/diw_01.c.375856.de/diw_econ_bull_2011-01-1.pdf
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Bibliographic Info

Article provided by DIW Berlin, German Institute for Economic Research in its journal DIW Economic Bulletin.

Volume (Year): 1 (2011)
Issue (Month): 1 ()
Pages: 3-6

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Handle: RePEc:diw:diwdeb:2011-1-1

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Related research

Keywords: German nuclear moratorium; energy policy; impacts on electricity prices;

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Cited by:
  1. Grossi, Luigi & Heim, Sven & Waterson, Michael, 2014. "A vision of the European energy future? The impact of the German response to the Fukushima earthquake," The Warwick Economics Research Paper Series (TWERPS) 1047, University of Warwick, Department of Economics.
  2. Betzer, André & Doumet, Markus & Rinne, Ulf, 2011. "How Policy Changes Affect Shareholder Wealth: The Case of the Fukushima Daiichi Nuclear Disaster," IZA Discussion Papers 5896, Institute for the Study of Labor (IZA).

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