Carbon Pricing, Power Markets and the Competitiveness of Nuclear Power.

Description

This study assesses the competitiveness of nuclear power against coal- and gas-fired power generation in liberalised electricity markets with either CO2 trading or carbon taxes. It uses daily price data for electricity, gas, coal and carbon from 2005 to 2010, which encompasses the first years of the European Emissions Trading System (EU ETS), the world's foremost carbon trading framework. The study shows that even with modest carbon pricing, competition for new investment in electricity markets will take place between nuclear energy and gas-fired power generation, with coal-fired power struggl.  Read more... Foreword Table of contents Executive summary Chapter 1 -- Introduction Chapter 2 -- Background Chapter 3 -- Existing research on carbon pricing Chapter 4 -- Carbon pricing: the competitiveness of nuclear power in LCOE analysis Chapter 5 -- Profit analysis Chapter 6 -- Investment analysis Chapter 7 -- Carbon tax analysis Chapter 8 -- Conclusions Bibliography Annex I -- Acronyms Annex II -- List of experts NEA publications and information.