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Swiss Energy Strategies under Global Climate Change and Nuclear Policy Uncertainty

Author

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  • Adriana Marcucci Bustos
  • Hal Turton
Abstract
Domestic strategies for the Swiss energy system are likely to be affected by a range of uncertain global challenges, such as natural resource availability and depletion, international climate change policies, and global technology policies. We analyze technological choices for Switzerland under a stringent global climate policy with modest global energy resources; and the possible consequences of different global or regional policies in response to the recent nuclear accident in Fukushima, Japan. We use MERGE, an integrated assessment model, with a division of the world in 10 regions, including Switzerland and Japan. We find that nuclear energy, including light water reactors or more advanced technologies have the potential to play a major role in the future energy system. The consequences of a moratorium on the construction of new nuclear power plants include the need for additional electricity efficiency measures and the integration of a large share of intermittent renewables, raising additional challenges.

Suggested Citation

  • Adriana Marcucci Bustos & Hal Turton, 2012. "Swiss Energy Strategies under Global Climate Change and Nuclear Policy Uncertainty," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(II), pages 317-345, June.
    • Handle: RePEc:ses:arsjes:2012-ii-8
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    References listed on IDEAS

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    1. Bertrand Magne, Socrates Kypreos, and Hal Turton, 2010. "Technology Options for Low Stabilization Pathways with MERGE," The Energy Journal, International Association for Energy Economics, vol. 0(Special I).
    2. Manne, Alan & Mendelsohn, Robert & Richels, Richard, 1995. "MERGE : A model for evaluating regional and global effects of GHG reduction policies," Energy Policy, Elsevier, vol. 23(1), pages 17-34, January.
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    4. Kypreos, Socrates, 2005. "Modeling experience curves in MERGE (model for evaluating regional and global effects)," Energy, Elsevier, vol. 30(14), pages 2721-2737.
    5. Nicolas Weidmann & Ramachandran Kannan & Hal Turton, 2012. "Swiss Climate Change and Nuclear Policy: A Comparative Analysis Using an Energy System Approach and a Sectoral Electricity Model," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(II), pages 275-316, June.
    6. Jamie Sanderson & Sardar M. N. Islam, 2007. "Climate Change and Economic Development," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-59012-0, March.
    7. Wolfgang Lutz & Warren Sanderson & Sergei Scherbov, 2008. "The coming acceleration of global population ageing," Nature, Nature, vol. 451(7179), pages 716-719, February.
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    Citations

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    Cited by:

    1. Nicole A. Mathys & Philippe Thalmann & Marc Vielle, 2012. "Modelling Contributions to the Swiss Energy and Environmental Challenge," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(II), pages 97-109, June.
    2. Hana Kim & Eui-Chan Jeon, 2020. "Structural Changes to Nuclear Energy Industries and the Economic Effects Resulting from Energy Transition Policies in South Korea," Energies, MDPI, vol. 13(7), pages 1-17, April.
    3. Adriana Marcucci & Lin Zhang, 2019. "Growth impacts of Swiss steering-based climate policies," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 155(1), pages 1-13, December.
    4. Paula Díaz & Oscar Van Vliet & Anthony Patt, 2017. "Do We Need Gas as a Bridging Fuel? A Case Study of the Electricity System of Switzerland," Energies, MDPI, vol. 10(7), pages 1-15, June.
    5. Lucas Bretschger and Lin Zhang, 2017. "Nuclear Phase-out Under Stringent Climate Policies: A Dynamic Macroeconomic Analysis," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    6. Schlecht, Ingmar & Weigt, Hannes, 2014. "Swissmod - a model of the Swiss electricity market," Working papers 2014/04, Faculty of Business and Economics - University of Basel.
    7. Densing, M. & Panos, E. & Hirschberg, S., 2016. "Meta-analysis of energy scenario studies: Example of electricity scenarios for Switzerland," Energy, Elsevier, vol. 109(C), pages 998-1015.
    8. Panos, Evangelos & Kober, Tom & Wokaun, Alexander, 2019. "Long term evaluation of electric storage technologies vs alternative flexibility options for the Swiss energy system," Applied Energy, Elsevier, vol. 252(C), pages 1-1.
    9. Zhou, Mo, 2015. "Adapting sustainable forest management to climate policy uncertainty: A conceptual framework," Forest Policy and Economics, Elsevier, vol. 59(C), pages 66-74.
    10. Florian Landis & Adriana Marcucci & Sebastian Rausch & Ramachandran Kannan & Lucas Bretschger, 2019. "Multi-model comparison of Swiss decarbonization scenarios," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 155(1), pages 1-18, December.

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    More about this item

    Keywords

    Energy system; climate policy; resource depletion; efficiency; renewables.;
    All these keywords.

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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