Downloads / Nuclear

A Fit-For-Purpose energy policy for the European Union

Ms Samuela  Bassi, Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, United Kingdom Prof Samuel Fankhauser, Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, United Kingdom Dr  Maria Carvalho, Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, United Kingdom •           Overview  and relevance Following the Paris Agreement, the focus of EU decision makers has turned again towards domestic policy. Good European and national policies will be essential to achieve the target outlined in the EU’s intended nationally determined contribution (INDC) in the most cost effective way. It is therefore particularly crucial to understand what works in climate policy, and whether the current EU policy architecture is able to facilitate the technology development required to meet future carbon reduction targets.   This paper aims to identify the effectiveness of European and domestic policies. It investigates their effectiveness, credibility and unintended consequences. In particular, it assesses whether the current policy framework is fit for purpose to accommodate the required technological and economic transformation Read more…

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Carvalho_A_Fit-for-Purpose_Energy_Policy_for_the_European_Union1.pdf 1.02 MBCarvalho_A_Fit-for-Purpose_Energy_Policy_for_the_European_Union.pdf 319.17 KB
21st
Sep
2016

The Carbon Reduction Agenda and UK Nuclear Energy Policy

Mr Jonathan Cooper, University of Central Lancashire The relatively low carbon footprint of nuclear energy development, when compared to fossil fuel alternatives, is widely heralded as one of the main factors influencing the current policy trend in the UK. This paper examines the shift in UK nuclear energy policy in the 21st century from a position opposed to atomic energy expansion to one in its favour. The UK has one of the world’s most robust political commitments to greenhouse gas emissions reduction so the effects of the carbon reduction agenda on nuclear energy policy formulation are found to be significant. Carbon accountancy, however, is inconsistent throughout various government publications on nuclear energy even over the space of just a few years. This can potentially be explained by the relatively recent emergence of carbon accountancy practice. Nevertheless best practice in the use of carbon accountancy in nuclear energy policy must be established to ensure consistency in published government information and therefore enhance public confidence. This paper discusses the effects of the carbon reduction agenda on nuclear policy development through analysis of Read more…

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The Carbon Reduction Agenda and UK Nuclear Energy Policy - Poster.pdf 793.65 KB
22nd
Sep
2010

Nuclear Energy Policy in the European Union: The Case of Romania

Mr Raphael Heffron, University of Cambridge This research assesses the formulation of nuclear energy policy in the European Union (EU) directly focusing on Romania. The European country was the last to build a nuclear power plant in the EU and is an important example for developing nuclear power to other Central and Eastern European countries. The research provides a first examination in academic literature of the nuclear energy policy experience in Romania. The results attest to the key role of government in nuclear energy policy development. This can have its advantages and disadvantages as specific examples from Romania reveal. Nevertheless, the Romania case demonstrates the priorities in decision-making for a government in the nuclear energy sector. The paper also highlights the dichotomy of energy policy that pervades the EU. In one case, the nuclear energy sector needs to receive assurances and finance that can be labelled a form of state aid and not in line with EU competition law. While in the other, the sector can benefit from liberalised electricity markets and the full application of competition law to provide Read more…

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Nuclear Energy Policy in the European Union: The Case of Romania - Poster.pdf 1.86 MB
22nd
Sep
2010

Funding nuclear power and radioactive waste

Professor Gordon MacKerron, SPRU, University of Sussex The UK Government expects substantial new investment in nuclear power as part of its approach to reducing carbon emissions and improving energy security.  It argues that it will not subsidise nuclear power but that it is taking \’facilitative actions\’ to smooth the path to substantial nuclear investment.  Achieving new nuclear investment will require investors to believe that the balance between risk and expected reward is sufficiently positive for them to commit very large sums.  (If each of the designated ten future nuclear sites were to have one reactor each located on them, the total addition to capacity would be c. 16,000 MW at a capital cost that would almost certainly exceed £20 bn.,  possibly by a large margin.) This paper examines the various commercial risks to which nuclear power is subject and concentrates on the degree of comfort that current plans for radioactive waste management will offer investors.  This analysis will examine both current \’physical\’ plans e.g. the need for operators to provide for around 160 years of on-site storage for spent nuclear Read more…

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Funding nuclear power and radioactive waste - Presentation.pdf 305.39 KB
22nd
Sep
2010

Making a Low Carbon Economy Happen

Ben Irons, McKinsey and Company Using low carbon abatement cost curves provides insights into what will be requirement for a low carbon economy, with a global abatement cost curve for 2030 shown. In addition to the significant opportunities across all sectors for energy efficiency, a low carbon economy will also require a low carbon power sector. In terms of investment, it is estimated that incremental investment of over €300b per year through 2015 is needed, but only a third of that investment requirement is currently attractive to investors. Energy policy will play a key role in attracting the necessary private investment.

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Making a Low carbon economy happen 2009.pdf 167.21 KB
21st
Sep
2009

China’s Role in Advancing Climate Policies in the Face of a Global Recession

Antony Froggatt , Chatham House. China plays a key role in the interactions between global energy prices, CO2 emissions and global economic output. In terms of existing policies, energy security concern is the main driver, although this can also bring environmental benefits, they include plans to: decrease energy intensity by 20% in the current five year plan; increase the deployment of renewables; plans for new nuclear generation. The next Chinese five year plan may introduce carbon intensity targets for the first time. The impact of, and response to, the economic crisis are also discussed, with a massive decrease in exports being evident, with policy seeking to encourage domestic consumption and use stimulus packages for significant infrastructure; alongside national technology developments in respect to renewables, vehicles and coal. In terms of China’s role in advancing climate policies a number of questions remain, including: the relationship between energy demand and manufacturing; how the global economic recovery may stimulate the Chinese economy, energy demand and emissions; and how these will impact upon global energy, emissions curves, and trade balances.

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Chinas role in Advancing climate policies in recession 2009.pdf 651.11 KB
21st
Sep
2009

BERR Energy Group’s Long Term Scenarios and analysis underpinning the 2008 Nuclear White Paper

Mr Stephen Green, BERR  The effects of today’s energy policy will be seen long into the future. BERR Energy Group Scenarios has developed scenarios to aid analysis of the robustness of policy to future changes within the framework of some plausible alternative futures.  This part of the paper will give an overview of the scenario development, the scenarios themselves and a short account of how they have been used to aid thinking about policy within the department. The second part of the paper would illustrate developments in policy on nuclear power from the 2003 Energy White Paper to the present.  The analysis for the 2008 Nuclear White Paper was underpinned by a detailed cost-benefit analysis taking into account the impact on carbon dioxide emissions and energy security of supply and comparing nuclear with fossil fuel generation. Analysis was also undertaken using the MARKAL energy model to illustrate the implications of including or excluding nuclear in the long-term electricity generation mix.  It would also explain the range of options which exist to abate emissions of carbon dioxide and how we undertake Read more…

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25th
Sep
2008

Security and Sustainability

David Newbery, University of Cambridge 2008. What is the relationship between climate change, RD&D for low carbon investment and energy security? Security concerns are characterised as problem of cost rather than pure security of supply or market failures. However intervention is required to correct the market failures of carbon emissions and lack of RD&D. The right instruments are needed, including a credible future carbon price, to enable markets to deliver electricity investment. The EU 2020 renewables target is discussed together with who should pay for RD&D. The current policy of incorporating costs into electricity bills is highly regressive.  

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24th
Sep
2008

Transmission access – developing a regime to facilitate the delivery of the UK’s Renewable Targets

Mr Philip Baker, Exeter University Abstract for BIEE 7th Academic Conference The New Energy Challenge: Security and Sustainability A Job for Governments, markets…or a third way? Delivering the UK’s obligations in contributing to the EU commitment to obtain 20% of its energy consumption from renewable sources by 2020 is likely to require the connection of around 35-45 GW of renewable – mainly wind – generation.  In addition, significant amounts of new conventional and possibly nuclear generation will be required to replace decommissioning plant and to meet load growth. With renewable generation wishing to connect in Scotland now being  quoted dates circa 2020, it is clear that the methodology currently applied by National Grid for regulating access to the transmission system could become a significant barrier to the connection of sufficient new generation within the necessary timescales.  While this methodology has arguably worked well in recent years with the connection of substantial amounts of generating capacity, the focus on accommodating the simultaneous operation of conventional generation to meet peak demand seems inappropriate given the future need for a mixed generation portfolio Read more…

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24th
Sep
2008

Downloads Archive

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