Economics of nuclear electricity and inter-fuel competition

Pekka Silvennoinen

Research output: Contribution to journalArticleScientificpeer-review

Abstract

The costs of generating base-load electricity are compared on a unified costing basis assuming the plants' size for the different fuel alternatives—nuclear, coal, gas, biomass and peat—to vary according to the infrastructure requirements. Fuel costs are assumed to reflect the market values in Europe to as realistic an extent as possible. Recognizing that there may be a substantial local or regional differences, it is concluded that nuclear electricity generally enjoys a narrow competitive edge, which can become more significant if fossil fuel prices escalate or if energy and carbon taxes are introduced.
Original languageEnglish
Pages (from-to)5-12
Number of pages8
JournalNuclear Engineering and Design
Volume160
Issue number1-2
DOIs
Publication statusPublished - 1996
MoE publication typeA1 Journal article-refereed

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electricity
economics
Electricity
costs
pollution tax
Coal gas
Economics
fossil fuels
biomass
Taxation
Fossil fuels
cost
coal
fossil fuel
Costs
Biomass
Carbon
infrastructure
requirements
market

Cite this

Silvennoinen, Pekka. / Economics of nuclear electricity and inter-fuel competition. In: Nuclear Engineering and Design. 1996 ; Vol. 160, No. 1-2. pp. 5-12.
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Economics of nuclear electricity and inter-fuel competition. / Silvennoinen, Pekka.

In: Nuclear Engineering and Design, Vol. 160, No. 1-2, 1996, p. 5-12.

Research output: Contribution to journalArticleScientificpeer-review

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AU - Silvennoinen, Pekka

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AB - The costs of generating base-load electricity are compared on a unified costing basis assuming the plants' size for the different fuel alternatives—nuclear, coal, gas, biomass and peat—to vary according to the infrastructure requirements. Fuel costs are assumed to reflect the market values in Europe to as realistic an extent as possible. Recognizing that there may be a substantial local or regional differences, it is concluded that nuclear electricity generally enjoys a narrow competitive edge, which can become more significant if fossil fuel prices escalate or if energy and carbon taxes are introduced.

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DO - 10.1016/0029-5493(95)01092-0

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