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The Economics of New Nuclear Power Plants in Liberalized Electricity Markets

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Author Info

  • Adela Conchado

    (Instituto de Investigación Tecnológica, Universidad Pontificia Comillas)

  • Pedro Linares

    ()
    (Economics for Energy and Instituto de Investigación Tecnológica, Universidad Pontificia Comillas)

Abstract

The nuclear debate is strong in many countries, with the discussion of its economics being a significant part of it. However, most of the estimates are based on a levelized-cost methodology, which presents several shortcomings, particularly when applied to liberalized electricity markets. Our paper provides results based on a different methodology, by which we determine the breakeven investment cost for nuclear to be competitive with other electricity generation technologies. Our results show that the cost competitiveness of nuclear is not clear, and that several uncertainties may prevent the revival expected by some.

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Bibliographic Info

Paper provided by Economics for Energy in its series Working Papers with number 04-2010.

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Length: 21 pages
Date of creation: Nov 2010
Date of revision:
Handle: RePEc:efe:wpaper:04-2010

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Web page: http://www.eforenergy.org

Related research

Keywords: Nuclear power; economics; liberalized electricity markets;

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