Dynamical Modeling of Economy in Global Nuclear Energy Market

Taeho Woo
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Taeho Woo: Seoul National University

Chapter Chapter 2 in Atomic Information Technology, 2012, pp 11-22 from Springer

Abstract: Abstract Non-linear dynamical analysis for the global nuclear energy market is investigated. Currently, the market means a different characteristics comparing to the past situation which had been done before two severe accidents as the Three Mile Island nuclear power plant (NPP) accident in the United States and the Chernobyl NPP disaster in the Soviet Union. For the nuclear related facility, the environmental and safety aspects are the important issues of the analysis. Fundamentally, the economic factor is still a critical matter for the commercial trade between two countries, which depends on the energy demand and uranium price. The dynamics simulations show the trend of trade is affected by the several kinds of the aspects. Using system dynamics (SD) method, the event quantification is performed for the event flows, stocks, and feedback where the single and double arrow lines are incorporated.

Keywords: Dynamical analysis; System dynamics; Feedback; Nuclear power plant; Simulation (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1007/978-1-4471-4030-6_2

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