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The increased urgency of dealing with mitigation of the looming climate change has sparked renewed interest in the nuclear energy option. There exists a substantial stream of research on the amount of embodied energy and greenhouse gas emissions associated with nuclear generated electricity. While conventional fossil fuelled power plants cause emissions almost exclusively from the plant site, the majority of greenhouse gas emissions in the nuclear fuel cycle are caused in processing stages upstream and downstream from the plant. This paper distils the findings from a comprehensive literature review of energy and greenhouse gas emissions in the nuclear fuel cycle and determines some of the causes for the widely varying...
This paper applies panel data analysis to examine the short-run dynamics and long-run equilibrium relationships among nuclear energy consumption, oil prices, oil consumption, and economic growth for developed countries covering the period 1971–2006. The panel cointegration results show that in the long run, oil prices have a positive impact on nuclear energy consumption, suggesting the existence of the substitution relationship between nuclear energy and oil. The long-run elasticity of nuclear energy with respect to real income is approximately 0.89, and real income has a greater impact on nuclear energy than do oil prices in the long run. Furthermore, the panel causality results find evidence of unidirectional...
Global energy demand is expected to increase steeply, creating an urgent need to evolve a judicious global energy policy, exploiting the potential of all available energy resources, including nuclear energy. With increasing awareness of environmental issues, nuclear energy is expected to play an important role on the energy scenario in the coming decades. The immediate thrust in the science and technology of nuclear materials is to realize a robust reactor technology with associated fuel cycle and ensure the cost competitiveness of nuclear power and to extend the service life of reactors to 100 years. Accordingly, the present-generation materials need to be modified to meet the demands of prolonged exposure to irradiation...
This empirical note examines the relationship between nuclear energy consumption growth and real gross domestic product (GDP) growth within a neoclassical production function framework for the US using annual data from 1957 to 2006. The Toda-Yamamoto (1995) test for long-run Granger-causality reveals the absence of Granger-causality between nuclear energy consumption growth and real GDP growth which supports the neutrality hypothesis within the energy consumption-economic growth literature. [ABSTRACT FROM AUTHOR] Copyright of Energy Sources Part B: Economics, Planning & Policy is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites or posted to a listserv without the...
This paper applies panel data analysis to examine the short-run dynamics and long-run equilibrium relationships among nuclear energy consumption, oil prices, oil consumption, and economic growth for developed countries covering the period 1971–2006. The panel cointegration results show that in the long run, oil prices have a positive impact on nuclear energy consumption, suggesting the existence of the substitution relationship between nuclear energy and oil. The long-run elasticity of nuclear energy with respect to real income is approximately 0.89, and real income has a greater impact on nuclear energy than do oil prices in the long run. Furthermore, the panel causality results find evidence of unidirectional...