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The Economics of New Nuclear Power Plants in Liberalized Electricity Markets

Adela Conchado and Pedro Linares (pedro.linares@comillas.edu)
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Adela Conchado: Instituto de Investigación Tecnológica, Universidad Pontificia Comillas

Working Papers from Economics for Energy

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.

Keywords: Nuclear power; economics; liberalized electricity markets (search for similar items in EconPapers)
JEL-codes: L94 Q41 Q47 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2010-11
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Citations: View citations in EconPapers (4)

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Journal Article: The economics of new nuclear power plants in liberalized electricity markets (2013) Downloads
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