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This paper examines intra-industry information transfers in the European and Japanese electric industry in the wake of the Fukushima nuclear accident. For European conventional utilities, the downward price drift is relatively small and transient in nature. Yet, we find positive and lingering...
Persistent link: https://www.econbiz.de/10013105108
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
France wants to become carbon-neutral by 2050. Renewable energies and nuclear power are expected to make the main contribution to this goal. However, the average age of nuclear power plants is approaching 37 years of operation in 2022, which is likely to lead to increased outages and expensive...
Persistent link: https://www.econbiz.de/10012938891
The NEA encourages governments to take advantage of the post‑COVID‑19 economic recovery to accelerate the energy transition towards meeting climate objectives. Post‑pandemic recovery plans to reconcile climate objectives with economic goals need to put system costs at the heart of energy...
Persistent link: https://www.econbiz.de/10012512095
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In this paper we pursue a novel application of Bayesian empirical likelihood methods to estimate the canonical stochastic frontier model. We utilize this new framework to study technical efficiency, scale economies and technological change in the United States nuclear energy generation sector....
Persistent link: https://www.econbiz.de/10013288829
Most studies that examine -neutral, or near -neutral, power systems by using energy system models investigate Europe or the United States, while similar studies for other regions are rare. In this paper, we focus on the Middle East and North Africa (MENA), where weather conditions, especially...
Persistent link: https://www.econbiz.de/10012697414
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