Cost Savings from Nuclear Regulatory Reform: An Econometric Model

Canterbery, E Ray; Johnson, Brian; Reading, David G.

doi:10.2307/1060879

Cited by 7 publications

(5 citation statements)

References 5 publications

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“…This perspective implicitly assumes that inter-company learning spillovers are significant, or that learning predominantly takes place at industry level. However, a limited number of literature sources also develop experience curves for individual companies or a confined group of companies [for example [47][48][49][50][51][52]. This company level (or production) perspective attempts to identify the learning that takes place within individual companies, although this learning can be supported by industry level spillovers.…”

Section: Learning System Boundariesmentioning

confidence: 99%

“…For most countries they find significant investment cost increases for newly built plants since the 1970s, but do not attempt to derive country level or even global experience curves and learning rates. Some studies [for example47,48,50,52,106] have looked at learning rates for construction companies or utility companies building nuclear power plants in the USA and have found evidence of company level learning. Rangel and Lévêque[68] also report a type of learning in nuclear power plant construction.…”

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confidence: 99%

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The experience curve theory and its application in the field of electricity generation technologies – A literature review

Samadi

2018

Renewable and Sustainable Energy Reviews

103

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Section: Learning System Boundariesmentioning

confidence: 99%

mentioning

confidence: 99%

The experience curve theory and its application in the field of electricity generation technologies – A literature review

Samadi

2018

Renewable and Sustainable Energy Reviews

103

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“…The latter study thus implies diseconomies of scale, stating that it is possible "that the industry has attempted to build units that are too large to be efficiently managed by the constructors" [47]. Findings on economies of unit scale are also inconclusive when examining analyses that do not take the cost effects of longer construction times into consideration [45][46][47][48][49][50][51].…”

Section: Upsizing (Economies Of Unit Scale)mentioning

confidence: 99%

A Review of Factors Influencing the Cost Development of Electricity Generation Technologies

Samadi

2016

Energies

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This article reviews the literature on the past cost dynamics of various renewable, fossil fuel and nuclear electricity generation technologies. It identifies 10 different factors which have played key roles in influencing past cost developments according to the literature. These 10 factors are: deployment-induced learning, research, development and demonstration (RD&D)-induced learning, knowledge spillovers from other technologies, upsizing, economies of manufacturing scale, economies of project scale, changes in material and labour costs, changes in fuel costs, regulatory changes, and limits to the availability of suitable sites. The article summarises the relevant literature findings for each of these 10 factors and provides an overview indicating which factors have impacted on which generation technologies. The article also discusses the insights gained from the review for a better understanding of possible future cost developments of electricity generation technologies. Finally, future research needs, which may support a better understanding of past and future cost developments, are identified.

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“…These studies used data on the generation source, which represents the dominant part of the U.S. electricity supply industry. However, the number of previously published studies on the cost structures and scale economies of nuclear power generation is relatively small and not recent [e.g., Krautmann and Solow (1988), Marshall and Navarro (1991), Canterbery, Johnson, and Reading (1996)]. …”

Section: Introductionmentioning

confidence: 99%

Estimating Cost Structures in the U.S. Nuclear Power Industry

Rungsuriyawiboon

2008

Energy Exploration & Exploitation

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With growing concerns about global warming and surging oil prices, nuclear power is now back on the U.S. energy policy agenda. This paper provides firm level analysis of the production technology and cost structures in the U.S. nuclear power generation industry. The paper applies an econometric approach into a dual restricted variable cost function within a "temporal equilibrium" framework. A panel data set of 32 nuclear power generations for major U.S. investor owned utilities over the period 1986-2002 is used. The major finding indicates that most electric utilities in the nuclear electricity generation industry over utilized capital in production. The estimated results show evidence of scale economies in the production of the electricity industry. The paper presents supporting evidence that nuclear technology is cheaper than other alternative technologies and fuels, and it can offer possible cost savings to other alternative technologies.

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Cost Savings from Nuclear Regulatory Reform: An Econometric Model

Cited by 7 publications

References 5 publications

The experience curve theory and its application in the field of electricity generation technologies – A literature review

The experience curve theory and its application in the field of electricity generation technologies – A literature review

A Review of Factors Influencing the Cost Development of Electricity Generation Technologies

Estimating Cost Structures in the U.S. Nuclear Power Industry

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