Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/53211
Authors: 
Tavoni, Massimo
van der Zwaan, Bob
Year of Publication: 
2009
Series/Report no.: 
Nota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development 100.2009
Abstract: 
In this paper we analyze the relative importance and mutual behavior of two competing base-load electricity generation options that each are capable of contributing significantly to the abatement of global CO2 emissions: nuclear energy and coal-based power production complemented with CO2 capture and storage (CCS). We also investigate how, in scenarios from an integrated assessment model that simulates the economics of a climate-constrained world, the prospects for nuclear energy would change if exogenous limitations on the spread of nuclear technology were relaxed. Using the climate change economics model WITCH we find that until 2050 the resulting growth rates of nuclear electricity generation capacity become comparable to historical rates observed during the 1980s. Given that nuclear energy continues to face serious challenges and contention, we inspect how extensive the improvements of coal-based power equipped with CCS technology would need to be if our model is to significantly scale down the construction of new nuclear power plants.
Subjects: 
Economic Competition
Electricity Sector
Nuclear Power
Coal Power
CCS
Renewables
Climate Policy
JEL: 
D8
D9
H0
O3
O4
Q4
Q5
Document Type: 
Working Paper

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