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Economical analysis of an alternative strategy for CO2 mitigation based on nuclear power

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  • Alonso, Gustavo
  • Valle, Edmundo del

Abstract

Many countries are pursuing greenhouse gas (GHG) mitigation policies resulting in the increase of use of renewable sources in the electricity sector to mitigate CO2 emissions. Nuclear energy is a non-emitting CO2 source that could be used as part of that policy. However, its main drawback is the high investment required for its deployment. On the other hand, wind power is the clean source preferred option to mitigate CO2 emissions. However, due to its intermittence backup power is needed, in most of the cases it must be provided with combined cycle thermal plants using natural gas. This study performs an economical comparison of a hypothetical implementation of a nuclear strategy to meet the same CO2 emissions reduction goal that has been obtained by the actual Spaniard strategy (2005–2010) based on wind power. The investment required in both strategies is assessed under different investment scenarios and electricity production conditions for nuclear power. Also, the cost of electricity generation is compared for both strategies.

Suggested Citation

  • Alonso, Gustavo & Valle, Edmundo del, 2013. "Economical analysis of an alternative strategy for CO2 mitigation based on nuclear power," Energy, Elsevier, vol. 52(C), pages 66-76.
    • Handle: RePEc:eee:energy:v:52:y:2013:i:c:p:66-76
    DOI: 10.1016/j.energy.2013.02.028
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    Cited by:

    1. Behnam Zakeri & Samuli Rinne & Sanna Syri, 2015. "Wind Integration into Energy Systems with a High Share of Nuclear Power—What Are the Compromises?," Energies, MDPI, vol. 8(4), pages 1-35, March.
    2. Laura Rodríguez-Penalonga & B. Yolanda Moratilla Soria, 2017. "A Review of the Nuclear Fuel Cycle Strategies and the Spent Nuclear Fuel Management Technologies," Energies, MDPI, vol. 10(8), pages 1-16, August.
    3. Cartelle Barros, Juan José & Lara Coira, Manuel & de la Cruz López, María Pilar & del Caño Gochi, Alfredo, 2015. "Assessing the global sustainability of different electricity generation systems," Energy, Elsevier, vol. 89(C), pages 473-489.
    4. Mou, Dunguo & He, Xiaoping, 2019. "Developing large-scale energy storage to alleviate a low-carbon energy bubble," Energy Policy, Elsevier, vol. 132(C), pages 62-74.
    5. Juárez-Luna, David, 2020. "Beneficios económicos y ambientales de la energía nuclear [Economic and environmental benefits of nuclear energy]," MPRA Paper 98790, University Library of Munich, Germany.

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