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The March 2011 accident at the Fukushima Daiichi nuclear power plant (the “event”) in Japan has had global repercussions. We conduct a detailed event study on German and French power futures' prices and returns and find that price responses for different underlyings are not significantly...
Persistent link: https://www.econbiz.de/10013085799
Major nuclear accidents as recently in Fukushima set nuclear power plant security at the top of the public agenda … environment. Furthermore, we find evidence for a decrease in the probability to be very worried about the security of nuclear …
Persistent link: https://www.econbiz.de/10010190188
The opposition in a number of countries to the inclusion of nuclear energy in a sustainable energy portfolio, in part due to the dread of what the “nuclear” word inspires, has limited quantitative scientific foundation of the real benefits and risks. This has been amplified by the lack of a...
Persistent link: https://www.econbiz.de/10013491927
This paper reviews the case of nuclear energy. Currently, the worldworld is facing one of the greatest energy crises due to the Russo-Ukrainian war. This conflict has lead to limited sources of gas, causing a dramatic decrease in energy supply, leading to emerging energy crisis risks. This is...
Persistent link: https://www.econbiz.de/10014289738
Conceptualizing externalities from perceived nuclear risk as being related to distance from nuclear facilities, we estimate the relationship between Swiss citizens' life satisfaction (understood as a proxy of utility) and the distance of their place of residence from the nearest nuclear power...
Persistent link: https://www.econbiz.de/10010470383
Persistent link: https://www.econbiz.de/10010502309
Will the spread of nuclear power to new states lead to the spread of nuclear weapons? I argue that the answer will depend on which states get nuclear power, which states acquire sensitive nuclear facilities (uranium enrichment and plutonium reprocessing) and the rules that govern technology...
Persistent link: https://www.econbiz.de/10013140905
In this paper, we investigate both the market reaction soon after the accident and the market reaction when the Nuclear Damage Liability Facilitation Fund Act was passed and signed into law. TEPCO, the damaged electric power company's stock price lost the largest consecutively for direct damage...
Persistent link: https://www.econbiz.de/10013101501
Did the nuclear catastrophe at Fukushima in March 2011 cause individuals to reappraise the risks they attach to nuclear power plants? We investigate the change in housing prices in the U.S. after the Fukushima event to test the hypothesis that house prices in the proximity of power plants fell...
Persistent link: https://www.econbiz.de/10013082982
The purpose of this study is to investigate the effect of the accident at the Fukushima Daiichi nuclear power station, which is owned by Tokyo Electric Power Co. (TEPCO), on the stock prices of the other electric power utilities in Japan. Because the other utilities were not directly damaged by...
Persistent link: https://www.econbiz.de/10013091834