Economic impacts of a premature nuclear phase-out in Switzerland

Arbeitspapier

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 on simulations 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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ZEW Discussion Papers ; No. 01-68

Classification and Topics

• Classification: Wirtschaft ; Energy: Government Policy ; Computable General Equilibrium Models
• Subject: nuclear phase-out ; computable general equilibrium ; Kernenergiepolitik ; Wirtschaftspolitische Wirkungsanalyse ; Makroökonomischer Einfluss ; Allgemeines Gleichgewicht ; Schweiz

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Böhringer, Christoph ; Wickart, Marcel ; Müller, Andre
• Event: Veröffentlichung
• (who): Zentrum für Europäische Wirtschaftsforschung (ZEW)
• (where): Mannheim
• (when): 2001

Further information

• Handle: http://hdl.handle.net/10419/24489
• Last update: 10.03.2025, 11:45 AM CET