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Measuring the impact of nuclear accidents on energy policy

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  • Csereklyei, Zsuzsanna

Abstract

This paper investigates the effects of nuclear accidents on energy policy with the help of a panel dataset of 31 countries from 1965 to 2009, using annual data on the capacity of reactor construction starts, as well as the timing of three nuclear accidents scaled five or higher on the International Nuclear and Radiological Event Scale. After determining the extent of the accident impact in the different countries, I find that neither the Three Mile Island (TMI) nor the Lucens accidents had a worldwide negative effect on construction starts, while Chernobyl did. Three Mile Island had a lasting impact in the United States, however. I show that the effect of Chernobyl wore off in certain geographical clusters, after ten to thirty years. An accident is likely to have a negative and long lasting impact in the country where it happened, and possibly in countries affected by the direct consequences. I find that nuclear capacity enlargement shows a significant lock-in effect, but it was also driven by primary energy consumption and energy security considerations in the past five decades.

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Bibliographic Info

Article provided by Elsevier in its journal Ecological Economics.

Volume (Year): 99 (2014)
Issue (Month): C ()
Pages: 121-129

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Handle: RePEc:eee:ecolec:v:99:y:2014:i:c:p:121-129

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Web page: http://www.elsevier.com/locate/ecolecon

Related research

Keywords: Nuclear energy; Nuclear accidents; Energy policy;

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  1. Laes, Erik & Meskens, Gaston & van der Sluijs, Jeroen P., 2011. "On the contribution of external cost calculations to energy system governance: The case of a potential large-scale nuclear accident," Energy Policy, Elsevier, vol. 39(9), pages 5664-5673, September.
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Cited by:
  1. Jan Goebel & Christian Krekel & Tim Tiefenbach & Nicolas R. Ziebarth, 2013. "Natural Disaster, Policy Action, and Mental Well-Being: The Case of Fukushima," SOEPpapers on Multidisciplinary Panel Data Research 599, DIW Berlin, The German Socio-Economic Panel (SOEP).
  2. Thurner, Paul W. & Mittermeier, Laura & Küchenhoff, Helmut, 2014. "How long does it take to build a nuclear power plant? A non-parametric event history approach with P-splines," Energy Policy, Elsevier, vol. 70(C), pages 163-171.

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