"Justin Falk of CBO's Microeconomic Studies Division wrote the study"--Praface.
Bibliography
Includes bibliographical references.
Contents
Summary and introduction -- Background on electricity-generating technologies -- Considerations underlying future investment in power plants -- How might carbon dioxide charges affect the prospects of Investment in new nuclear plants? -- How does the Energy Policy Act of 2005 affect the prospects of investment in new nuclear plants? -- Uncertainties posed by future market conditions and the possibility of carbon dioxide constraints -- Framing the analysis: base-case assumptions and the effects of policy -- Levelized cost analysis -- Base-case assumptions -- Accounting for the effects of policy -- Accounting for the effects of carbon dioxide charges -- Accounting for the effects of Energy Policy Act incentives -- Results and implications of the analysis -- Outlook for investment in the absence of carbon dioxide charges and EPAct incentives -- Outlook for investment under carbon dioxide charges -- Outlook for investment under the Energy Policy Act of 2005 -- Incentives and impediments at the state and local levels -- Future market and policy uncertainties -- Tables -- Figures.
Summary
CBO issued a study today examining possible future private investment in new nuclear power plants. The extent of such investment depends not only on possible charges for carbon dioxide (if the Congress adopts climate change legislation) but also on existing incentives provided for such plants in the Energy Policy Act (EPAct) of 2005.
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