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The Private and External Costs of Germany’s Nuclear Phase-Out

September 16, 2021 National Bureau of Economic Research Leave a comment

This paper examines the impact of the shutdown of roughly half of the nuclear production capacity in Germany after the Fukushima accident in 2011. We find that the lost nuclear electricity production due to the phase-out was replaced primarily by coal-fired production and net electricity imports. The social cost of this shift […]

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