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Long Term Assessment of Nuclear Technology Penetration Using Message – The Case of Romania

Author

Listed:
  • Ionut PURICA

    (Institute For Economic Forecasting, Romanian Academy; Casa Acadenmiei, Calea 13 Septembrie nr.13, sector 5, zip code 050711, Bucharest, Romania. (Corresponding Author))

  • Lucian Liviu ALBU

    (Institute For Economic Forecasting, Romanian Academy.)

  • Marioara IORDAN

    (Institute For Economic Forecasting, Romanian Academy)

  • Sorin Dinu

    (Institute For Economic Forecasting, Romanian Academy)

  • Eugen BANCHEŞ

    (Nuclear Agency & Radioactive Waste; 21-25, D.I.Mendeleev St., zip code 010362, Bucharest, Romania.)

  • Ilie TURCU
  • Daniela DIACONU

    (RATEN-ICN, str. Campului nr.1, Mioveni, jud.Arges.)

Abstract

The paper is doing a long-term simulation of the nuclear technology penetration for the Romanian power system using the IAEA MESSAGE (Model for Energy Supply Strategy Alternatives and their General Environmental Impacts) optimization model. The horizon taken into consideration is 2050 and 2070. The production and the demand are considered with various scenarios and the emissions of CO2 are also evaluated. The results are destined to assess the impact of the nuclear technology on the implementation of the EU energy and climate change policy on a long-term basis, such as to eliminate short term effects in the power system. Given the specifics of the Romanian power system both electrical energy and thermal energy (CHPs) are considered in the main scenarios.

Suggested Citation

  • Ionut PURICA & Lucian Liviu ALBU & Marioara IORDAN & Sorin Dinu & Eugen BANCHEŞ & Ilie TURCU & Daniela DIACONU, 2020. "Long Term Assessment of Nuclear Technology Penetration Using Message – The Case of Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 169-181, September.
    • Handle: RePEc:rjr:romjef:v::y:2020:i:3:p:169-181
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    Cited by:

    1. Iulia Lupu & Gheorghe Hurduzeu & Radu Lupu & Maria-Floriana Popescu & Camelia Gavrilescu, 2023. "Drivers for Renewable Energy Consumption in European Union Countries. A Panel Data Insight," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(63), pages 380-380, April.

    More about this item

    Keywords

    nuclear energy system; modeling energy system; CO2 emissions mitigation; electricity and heat cogeneration; energy system security.;
    All these keywords.

    JEL classification:

    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • D87 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Neuroeconomics

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