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180522s2014 xx |||||o 00| ||eng c |
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|a (DE-627)JST102443726
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|a (JST)26189266
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|a DE-627
|b ger
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|e rakwb
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|a eng
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|a KNOPF, BRIGITTE
|e verfasserin
|4 aut
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|a Germany’s Nuclear Phase-out
|b Sensitivities and Impacts on Electricity Prices and CO2Emissions
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|c 2014
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|a Text
|b txt
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|a ABSTRACT Following the nuclear meltdown in Fukushima Daiichi, in summer 2011 the German parliament decided to phase-out nuclear power by 2022. When this decision was taken, a number of model-based analyses investigated the influence this decision would have on electricity prices and CO2emissions. They concluded that CO2emissions would be kept at levels that are in line with national reduction targets but that the phase-out would result in an increase in wholesale electricity prices. We show by means of a sensitivity analysis that results crucially hinge on some fundamental model assumptions. These particularly include the development of fossil fuel and CO2prices, which have a much larger influence on the electricity price than the nuclear phase-out itself. Since the decision of the nuclear phase-out, CO2prices have decreased and deployment of renewables increased ever since. This partly counteracts the negative effect of the nuclear phase-out on electricity prices, but on the other hand challenges the mitigation of CO2emissions and security of supply. This underlines the importance of sensitivity analyses and suggests that policy-makers need to consider scenarios that analyze the whole range of possible future developments.
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|a Copyright © 2014 International Association for Energy Economics
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|a Nuclear policy
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|a Climate protection
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|a Renewable energy
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|a Electricity market modeling
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|a Energiewende
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|a Environmental studies
|x Environmental quality
|x Environmental degradation
|x Environmental pollution
|x Carbon dioxide emissions
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| 650 |
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|a Physical sciences
|x Physics
|x Energy
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|a Physical sciences
|x Physics
|x Fundamental forces
|x Electromagnetism
|x Electricity
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|a Business
|x Industry
|x Industrial sectors
|x Manufacturing industries
|x Energy industry
|x Electric power industry
|x Electric power facilities
|x Electric power plants
|x Nuclear power plants
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| 650 |
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|a Business
|x Industry
|x Industrial sectors
|x Public sector industries
|x Public utilities
|x Electric utilities
|x Electricity prices
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|a Applied sciences
|x Research methods
|x Modeling
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|a Business
|x Business operations
|x Commerce
|x Pricing
|x Prices
|x Market prices
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| 650 |
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|a Environmental studies
|x Environmental quality
|x Environmental degradation
|x Environmental pollution
|x Pollutants
|x Pollutant emissions
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| 650 |
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|a Business
|x Industry
|x Industrial sectors
|x Manufacturing industries
|x Energy industry
|x Electric power industry
|x Electric power facilities
|x Electric power plants
|x Coal fired power plants
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| 650 |
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|a Political science
|x Government
|x Public administration
|x Public policy
|x Environmental policy
|x Emissions policy
|x Emissions trading
|x REGULAR ARTICLES
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|a research-article
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|a PAHLE, MICHAEL
|e verfasserin
|4 aut
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|a KONDZIELLA, HENDRIK
|e verfasserin
|4 aut
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|a JOAS, FABIAN
|e verfasserin
|4 aut
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|a EDENHOFER, OTTMAR
|e verfasserin
|4 aut
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|a BRUCKNER, THOMAS
|e verfasserin
|4 aut
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|i Enthalten in
|t Economics of Energy & Environmental Policy
|d International Association for Energy Economics
|g 3(2014), 1, Seite 89-106
|w (DE-627)687957362
|w (DE-600)2653854-4
|x 21605890
|7 nnns
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|g volume:3
|g year:2014
|g number:1
|g pages:89-106
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|u https://www.jstor.org/stable/26189266
|3 Volltext
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|a AR
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|d 3
|j 2014
|e 1
|h 89-106
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