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Swiss Energy Strategies under Global Climate Change and Nuclear Policy Uncertainty

Adriana Marcucci Bustos and Hal Turton

Swiss Journal of Economics and Statistics (SJES), 2012, vol. 148, issue II, 317-345

Abstract: Domestic strategies for the Swiss energy system are likely to be affected by a range of uncertain global challenges, such as natural resource availability and depletion, international climate change policies, and global technology policies. We analyze technological choices for Switzerland under a stringent global climate policy with modest global energy resources; and the possible consequences of different global or regional policies in response to the recent nuclear accident in Fukushima, Japan. We use MERGE, an integrated assessment model, with a division of the world in 10 regions, including Switzerland and Japan. We find that nuclear energy, including light water reactors or more advanced technologies have the potential to play a major role in the future energy system. The consequences of a moratorium on the construction of new nuclear power plants include the need for additional electricity efficiency measures and the integration of a large share of intermittent renewables, raising additional challenges.

Keywords: Energy system; climate policy; resource depletion; efficiency; renewables. (search for similar items in EconPapers)
JEL-codes: D58 O33 Q41 Q48 Q54 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (10)

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