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State or Market : Investments in New Nuclear Power Plants in France and Their Domestic and Cross-border Effects

Zimmermann, Florian ORCID iD icon 1; Keles, Dogan
1 Institut für Industriebetriebslehre und Industrielle Produktion (IIP), Karlsruher Institut für Technologie (KIT)

Abstract (englisch):

France wants to become carbon-neutral by 2050. Renewable energies and nuclear power are expected to make the main contribution to this goal. However, the average age of nuclear power plants is approaching 37 years of operation in 2022, which is likely to lead to increased outages and expensive maintenance. In addition, newer nuclear power plants are flexible to operate and thus compatible with high volatile feed-in from renewables. Nevertheless, it is controversially discussed whether nuclear power plants can still be operated competitively and whether new investments will be made in this technology. Using an agent-based simulation model of the European electricity market, the market impacts of possible nuclear investments are investigated based on two scenarios: a scenario with state-based investments and a scenario with market-based investments. The results of this investigation show that under our assumptions, even with state-based investments, carbon neutrality would not be achieved with the estimated nuclear power plant capacity. Under purely market-based assumptions, large amounts of gas-fired power plants would be installed, which would lead to an increase in France's carbon emissions. ... mehr


Volltext §
DOI: 10.5445/IR/1000143448
Veröffentlicht am 04.03.2022
Cover der Publikation
Zugehörige Institution(en) am KIT Institut für Industriebetriebslehre und Industrielle Produktion (IIP)
Publikationstyp Forschungsbericht/Preprint
Publikationsmonat/-jahr 03.2022
Sprache Englisch
Identifikator ISSN: 2196-7296
KITopen-ID: 1000143448
Verlag Karlsruher Institut für Technologie (KIT)
Umfang 70 S.
Serie Working Paper Series in Production and Energy ; 64
Schlagwörter France; nuclear; electricity market; capacity remuneration mechanism; cross-border effect; investment
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