Economie Impacts of a Premature Nuclear Phase-Out in Switzerland: An Applied General Equilibrium Analysis

This paper investigates the economic impacts of two policy proposals, "Strom ohne Atom" (SOA) and "Moratorium Plus" (MOP), both of which contain a premature phase-out of nuclear power in Switzerland. Based on simulations with an intertemporal multi-sector computable general equilibrium (CGE) model of the Swiss economy, we quantify the price tags for risk reduction from nuclear power operation given additional constraints on backup technologies and carbon neutrality. An important feature of the dynamic CGE model underlying our analysis is the bottom-up activity analysis representation of electricity generation in an otherwise top-down framework.