The economic future of nuclear power

In the last several years we have seen what appears to be revived global interest in continuing operation of existing nuclear power plants and constructing a new generation of plants.1 A recent International Atomic Energy Agency (IAEA) report indicates that 24 countries with nuclear power plants...

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Main Authors: Joskow, Paul L., Parsons, John E.
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: American Academy of Arts and Sciences 2010
Online Access:http://hdl.handle.net/1721.1/51889
https://orcid.org/0000-0001-9313-4865
https://orcid.org/0000-0002-3376-9364
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author Joskow, Paul L.
Parsons, John E.
author2 Massachusetts Institute of Technology. Department of Economics
author_facet Massachusetts Institute of Technology. Department of Economics
Joskow, Paul L.
Parsons, John E.
author_sort Joskow, Paul L.
collection MIT
description In the last several years we have seen what appears to be revived global interest in continuing operation of existing nuclear power plants and constructing a new generation of plants.1 A recent International Atomic Energy Agency (IAEA) report indicates that 24 countries with nuclear power plants are considering policies either to accommodate or encourage investments in new nuclear power plants, and that 20 countries without nuclear power today are considering supporting the use of nuclear power to meet future electricity needs. It projects as much as a 100 percent increase in nuclear generating capacity by 2030.2 The United States has taken a number of steps to encourage investment in a new fleet of nuclear power plants. The federal safety review and licensing process has been streamlined, and a variety of financial incentives for new nuclear plants are included in the Energy Policy Act of 2005. As of early 2009, license applications for 26 new plants have been filed with the U.S. Nuclear Regulatory Commission (NRC), and additional applications are likely.3
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spelling mit-1721.1/518892022-09-29T18:22:28Z The economic future of nuclear power Joskow, Paul L. Parsons, John E. Massachusetts Institute of Technology. Department of Economics Sloan School of Management Joskow, Paul L. Joskow, Paul L. Parsons, John E. In the last several years we have seen what appears to be revived global interest in continuing operation of existing nuclear power plants and constructing a new generation of plants.1 A recent International Atomic Energy Agency (IAEA) report indicates that 24 countries with nuclear power plants are considering policies either to accommodate or encourage investments in new nuclear power plants, and that 20 countries without nuclear power today are considering supporting the use of nuclear power to meet future electricity needs. It projects as much as a 100 percent increase in nuclear generating capacity by 2030.2 The United States has taken a number of steps to encourage investment in a new fleet of nuclear power plants. The federal safety review and licensing process has been streamlined, and a variety of financial incentives for new nuclear plants are included in the Energy Policy Act of 2005. As of early 2009, license applications for 26 new plants have been filed with the U.S. Nuclear Regulatory Commission (NRC), and additional applications are likely.3 2010-03-02T18:38:07Z 2010-03-02T18:38:07Z 2009-09 Article http://purl.org/eprint/type/SubmittedJournalArticle 0011-5266 http://hdl.handle.net/1721.1/51889 Joskow, Paul L., and John E. Parsons. “The economic future of nuclear power.” Daedalus 138.4 (2009): 45-59. https://orcid.org/0000-0001-9313-4865 https://orcid.org/0000-0002-3376-9364 en_US http://dx.doi.org/10.1162/daed.2009.138.4.45 Daedalus Attribution-Noncommercial-Share Alike 3.0 Unported http://creativecommons.org/licenses/by-nc-sa/3.0/ application/pdf American Academy of Arts and Sciences Paul Joskow
spellingShingle Joskow, Paul L.
Parsons, John E.
The economic future of nuclear power
title The economic future of nuclear power
title_full The economic future of nuclear power
title_fullStr The economic future of nuclear power
title_full_unstemmed The economic future of nuclear power
title_short The economic future of nuclear power
title_sort economic future of nuclear power
url http://hdl.handle.net/1721.1/51889
https://orcid.org/0000-0001-9313-4865
https://orcid.org/0000-0002-3376-9364
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