Projected electricity costs in international nuclear power markets

Geoffrey Rothwell

Energy Policy, 2022, vol. 164, issue C

Abstract: The nuclear power industries in member countries of the Organisation for Economic Cooperation and Development (OECD) have lost global nuclear market share to Russian and Chinese firms. A recent OECD report claims, under restrictive assumptions, that (1) nuclear power units using OECD member country technologies are competitive with those using Russian and Chinese technologies, and (2) nuclear power has lower expected average costs than coal (with carbon dioxide taxes) and renewables. OECD based firms are hoping to catch up to Russia and China with Small Modular Reactors and advanced nuclear technologies. But unless OECD member governments and utilities are willing to invest hundreds of billions of dollars in financing their nuclear industries’ projects, it will be difficult to stop Russian and/or Chinese dominance of the global nuclear industry after 2030.

Keywords: Nuclear energy policy; Nuclear power costs; Nuclear market competition; Light water reactors (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301421522001306
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:164:y:2022:i:c:s0301421522001306

DOI: 10.1016/j.enpol.2022.112905

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().