Strategic investment decisions under the nuclear power debate in Belgium

In view of the current nuclear power debate in Belgium, we analyze how uncertainty about a nuclear phase-out, coupled with the implementation of renewable energy subsidies and nuclear taxes, affects investment capacity and productivity decisions by Belgian electricity suppliers. To achieve this goal, considering the market shares of the Belgian market, we build a Stackelberg two-step equilibrium model in which investment decisions are made in a first step under uncertainty regarding a nuclear phase-out, and productivity decisions are subsequently made in a second step for different investment... Mehr ...

Verfasser: Frutos Cachorro, Julia de
Willeghems, Gwen
Buysse, Jeroen
Dokumenttyp: Artikel
Erscheinungsdatum: 2019
Verlag/Hrsg.: Elsevier
Schlagwörter: Energia nuclear / Energia elèctrica / Energies renovables / Subvencions / Bèlgica / Nuclear energy / Electric power / Renewable energy sources / Subsidies / Belgium
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-27375379
Datenquelle: BASE; Originalkatalog
Powered By: BASE
Link(s) : http://hdl.handle.net/2445/162080

In view of the current nuclear power debate in Belgium, we analyze how uncertainty about a nuclear phase-out, coupled with the implementation of renewable energy subsidies and nuclear taxes, affects investment capacity and productivity decisions by Belgian electricity suppliers. To achieve this goal, considering the market shares of the Belgian market, we build a Stackelberg two-step equilibrium model in which investment decisions are made in a first step under uncertainty regarding a nuclear phase-out, and productivity decisions are subsequently made in a second step for different investment possibilities found in the first step (.)