Nuclear power versus fossil-fuel power with CO<inf>2</inf> capture and storage: A comparative analysis

Rogner, HH; Sharma, D; Jalal, AI

Nuclear power versus fossil-fuel power with CO<inf>2</inf> capture and storage: A comparative analysis

Rogner, HH Sharma, D

Jalal, AI

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Publication Type:: Journal Article
Citation:: International Journal of Energy Sector Management, 2008, 2 (2), pp. 181 - 196
Issue Date:: 2008-07-17

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Field	Value	Language
dc.contributor.author	Rogner, HH	en_US
dc.contributor.author	Sharma, D https://orcid.org/0000-0002-9421-7774	en_US
dc.contributor.author	Jalal, AI	en_US
dc.date.issued	2008-07-17	en_US
dc.identifier.citation	International Journal of Energy Sector Management, 2008, 2 (2), pp. 181 - 196	en_US
dc.identifier.issn	1750-6220	en_US
dc.identifier.uri	http://hdl.handle.net/10453/8567
dc.description.abstract	Purpose - In recognition of the urgency of the global need to reduce CO2 emissions from the electricity sector, the purpose of this paper is to analyze the cost-effectiveness of nuclear power and fossil-fuel-based power with and without the provision of carbon capture and storage in select, yet environmentally-significant, group of countries - China, India, Russia, Korea, Pakistan, Poland, Argentina, Bulgaria and Romania. Design/methodology/approach - The analyses are based on comparisons of electricity generation costs for nuclear and fossil-fuel technologies. These costs, expressed in present value terms, are estimated on the basis of life-cycle costs, employing detailed country-specific technological and economic data and assumptions. Findings - The analyses suggest that that the provision of carbon capture and storage is likely to result in a significant increase in the cost of electricity produced from fossil fuels (principally coal) in all countries represented in this paper. Such increase would completely erode the existing cost advantage enjoyed by fossil-fuel power (in relation to nuclear power) in some countries (Argentina, Bulgaria, China, and India) and considerably enhance the existing cost-advantage of nuclear power in other countries (Korea, Pakistan, Poland, Romania, and Russia). Originality/value - Notwithstanding these limitations, thefindings of this paper contribute appreciably to the emerging knowledge on this topic and provide useful foresight into the likely challenges of developing internationally acceptable policy prescriptions for mitigation CO2 emissions from the electricity sector. At a mundane, yet important, level, this paper establishes a platform on which further analyses could be built.	en_US
dc.relation.ispartof	International Journal of Energy Sector Management	en_US
dc.relation.isbasedon	10.1108/17506220810883207	en_US
dc.title	Nuclear power versus fossil-fuel power with CO<inf>2</inf> capture and storage: A comparative analysis	en_US
dc.type	Journal Article
utslib.citation.volume	2	en_US
utslib.for	1503 Business and Management	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology
utslib.copyright.status	closed_access
pubs.issue	2	en_US
pubs.publication-status	Published	en_US
pubs.volume	2	en_US

Abstract:

Purpose - In recognition of the urgency of the global need to reduce CO2 emissions from the electricity sector, the purpose of this paper is to analyze the cost-effectiveness of nuclear power and fossil-fuel-based power with and without the provision of carbon capture and storage in select, yet environmentally-significant, group of countries - China, India, Russia, Korea, Pakistan, Poland, Argentina, Bulgaria and Romania. Design/methodology/approach - The analyses are based on comparisons of electricity generation costs for nuclear and fossil-fuel technologies. These costs, expressed in present value terms, are estimated on the basis of life-cycle costs, employing detailed country-specific technological and economic data and assumptions. Findings - The analyses suggest that that the provision of carbon capture and storage is likely to result in a significant increase in the cost of electricity produced from fossil fuels (principally coal) in all countries represented in this paper. Such increase would completely erode the existing cost advantage enjoyed by fossil-fuel power (in relation to nuclear power) in some countries (Argentina, Bulgaria, China, and India) and considerably enhance the existing cost-advantage of nuclear power in other countries (Korea, Pakistan, Poland, Romania, and Russia). Originality/value - Notwithstanding these limitations, thefindings of this paper contribute appreciably to the emerging knowledge on this topic and provide useful foresight into the likely challenges of developing internationally acceptable policy prescriptions for mitigation CO2 emissions from the electricity sector. At a mundane, yet important, level, this paper establishes a platform on which further analyses could be built.

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http://hdl.handle.net/10453/8567