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Accepted version

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2019-08

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cc-by-nc-nd (c) Elsevier, 2019
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/162080

Strategic investment decisions under the nuclear power debate in Belgium

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https://doi.org/10.1016/j.reseneeco.2019.04.006

Abstract

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 (...)

Subject

Energia nuclear, Energia elèctrica, Energies renovables, Subvencions, Bèlgica

Subject (English)

Nuclear energy, Electric power, Renewable energy sources, Subsidies, Belgium

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Articles publicats en revistes (Matemàtica Econòmica, Financera i Actuarial)

Citation

FRUTOS CACHORRO, Julia de, WILLEGHEMS, Gwen and BUYSSE, Jeroen. Strategic investment decisions under the nuclear power debate in Belgium. Resource and Energy Economics. 2019. Vol. 57, num. August, pags. 156-184. ISSN 0928-7655. [consulted: 8 of August of 2026]. Available at: https://hdl.handle.net/2445/162080

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