Economic Impacts of a Premature Nuclear Phase-Out in Switzerland


Böhringer, Christoph ; Wickart, Marcel ; Müller, André


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URL: http://ub-madoc.bib.uni-mannheim.de/448
URN: urn:nbn:de:bsz:180-madoc-4482
Document Type: Working paper
Year of publication: 2001
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: Q48 C68 ,
Subject headings (SWD): Schweiz , Kernenergie / Ausstieg , Simulation
Abstract: This paper investigates the economic impacts of two policy proposals: "Strom ohne Atom" (SOA) and "Moratorium Plus" (MOP), both of which contain a premature phase-out of nuclear power in Switzerland. While MOP restricts business-as-usual operation time of existing nuclear power plants to 40 years, which results in a cutback of 10-20 years, SOA foresees a reduction in operation time of 20-30 years and administers combined heat and power to substitute for nuclear energy. Based onsimulations with an intertemporal multi-sector general equilibrium model of the Swiss economy, we quantify the price tags for risk reduction from nuclear power operation given additional constraints on back-up technologies. Costs of accelerating the phase-out of nuclear power for an average household amount to 200 CHF/a over the next 45 years under SOA and drop to 60 CHF/a in the case of MOP. If Switzerland were to assure carbon neutrality of a premature phase-out by the use of carbon taxes, adjustment costs would increase to 230 CHF under SOA and 110 CHF under MOP.
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Böhringer, Christoph ; Wickart, Marcel ; Müller, André (2001) Economic Impacts of a Premature Nuclear Phase-Out in Switzerland. Open Access [Working paper]
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