NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Prospects for Nuclear Power

Lucas W. Davis

NBER Working Paper No. 17674
Issued in December 2011
NBER Program(s):   EEE   IO

The prospects for a revival of nuclear power were dim even before the partial reactor meltdowns at the Fukushima nuclear plant. Nuclear power has long been controversial because of concerns about nuclear accidents, proliferation risk, and the storage of spent fuel. These concerns are real and important. In addition, however, a key challenge for nuclear power has been the high cost of construction for nuclear plants. Construction costs are high enough that it becomes difficult to make an economic argument for nuclear, even before incorporating these external costs. This is particularly true in countries like the United States where recent technological advances have dramatically increased the availability of natural gas.

download in pdf format
   (106 K)

email paper

This paper is available as PDF (106 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w17674

Published: Lucas W. Davis, 2012. "Prospects for Nuclear Power," Journal of Economic Perspectives, American Economic Association, vol. 26(1), pages 49-66, Winter. citation courtesy of

Users who downloaded this paper also downloaded these:
Davis and Wolfram w17341 Deregulation, Consolidation, and Efficiency: Evidence from U.S. Nuclear Power
Borenstein w17695 The Private and Public Economics of Renewable Electricity Generation
Wolfram, Shelef, and Gertler w17747 How Will Energy Demand Develop in the Developing World?
Hausmann, Hwang, and Rodrik w11905 What You Export Matters
Heal w15081 The Economics of Renewable Energy
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us