
The Library
German energy market fallout from the Japanese earthquake
Tools
Grossi, Luigi and Waterson, Michael (2013) German energy market fallout from the Japanese earthquake. Working Paper. Coventry, UK: Department of Economics, University of Warwick. CAGE Online Working Paper Series, Volume 2013 (Number 157).
|
Text (Working paper)
WRAP_157-2013_grossi.pdf - Published Version Download (400Kb) | Preview |
Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...
Abstract
The German response to the Fukushima nuclear power plant incident was possibly the most
significant change of policy towards nuclear power outside Japan, leading to a sudden and very
significant shift in the underlying power generation structure in Germany. This provides a very useful
natural experiment on the impact of changing proportions of conventional fuel inputs to power
production, helping us to see how changed proportions in future as a result of policy moves in favour of
renewables are likely to impact. We find through exploration of a conventional demand- supply
framework that despite the swift, significant change, the main impact was a relatively modest increase in
prices occasioned by a shift of the supply curve; there were no appreciable quantity effects on the market,
such as power outages, despite some views that the impacts would be significant.
Item Type: | Working or Discussion Paper (Working Paper) | ||||
---|---|---|---|---|---|
Alternative Title: | |||||
Subjects: | H Social Sciences > HB Economic Theory | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Nuclear energy, Nuclear energy -- Government policy -- Germany, Nuclear energy -- Economic aspects | ||||
Series Name: | CAGE Online Working Paper Series | ||||
Publisher: | Department of Economics, University of Warwick | ||||
Place of Publication: | Coventry, UK | ||||
Official Date: | September 2013 | ||||
Dates: |
|
||||
Volume: | Volume 2013 | ||||
Number: | Number 157 | ||||
Number of Pages: | 12 | ||||
Institution: | University of Warwick | ||||
Status: | Not Peer Reviewed | ||||
Publication Status: | Published | ||||
Date of first compliant deposit: | 23 November 2016 | ||||
Date of first compliant Open Access: | 23 November 2016 |
Request changes or add full text files to a record
Repository staff actions (login required)
![]() |
View Item |
Downloads
Downloads per month over past year