Chapter 4: The Economic Costs of a Nuclear Accident

Ludivine Pascucci-Cahen
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Ludivine Pascucci-Cahen: IRSN/PSE-SANTE/SESUC/LERN - Laboratoire d'Economie du Risque Nucléaire - IRSN - Institut de Radioprotection et de Sûreté Nucléaire

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Abstract: This chapter provides a brief overview of the various costs of a nuclear accident and the methods by which they can be assessed. The study of the costs of nuclear accidents began after the Chernobyl accident in Ukraine in 1986. Each economic study is defined by the objectives it seeks to accomplish, with the costs to be taken into account in the analysis varying based on the objectives pursued in the cost study. Thus, in a situation in which an accident has occurred, the objective of nuclear accident cost studies is to optimize the contamination remediation strategies. The optimization of post-accident management strategies is the historical use of economic evaluations of nuclear accident costs. The assessment of the costs of a nuclear accident is complicated in the case of the Fukushima incident by the presence of three interrelated events: the earthquake, the tsunami and the nuclear disaster.

Keywords: Chernobyl accident; earthquake; economic costs; Fukushima incident; nuclear accident; post-accident management strategies; tsunami (search for similar items in EconPapers)
Date: 2024-01-01
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Published in Nuclear Economy 2: Nuclear Issues in the Energy Transition, 1, Wiley, pp.133-177, 2024, 978-139425737-9, 978-178945095-8. ⟨10.1002/9781394257379.ch4⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:irsn-04891450

DOI: 10.1002/9781394257379.ch4

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