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An assessment of the potentials of nuclear power and carbon capture and storage in the long-term global warming mitigation options based on Asian Modeling Exercise scenarios

Shunsuke Mori

Energy Economics, 2012, vol. 34, issue S3, S421-S428

Abstract: This paper presents an evaluation of global warming mitigation options based on scenarios from the Asian Modeling Exercise. Using an extended version of the integrated assessment model MARIA-23 (Multiregional Approach for Resource and Industry Allocation), we analyze nuclear fuel recycling options, carbon capture and storage technologies (CCS), and biomass utilization. To assess the potential implications of decreased social acceptance of nuclear power in the wake of the Fukushima nuclear accident, additional scenarios including a nuclear power expansion limitation, are analyzed. We also evaluate MARIA-23 model simulation estimates of long-term contributions and interrelationships among nuclear power, biomass, and CCS. Finally, potential costs of nuclear limitation under carbon control policies are assessed.

Keywords: Integrated assessment model; Carbon capture and storage; Nuclear power; Global warming; Carbon price (search for similar items in EconPapers)
JEL-codes: O33 (search for similar items in EconPapers)
Date: 2012
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Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant

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