On the performance of the United States nuclear power sector : A Bayesian approach

Bernstein, David H. and Parmeter, Christopher F. and Tsionas, Mike G. (2023) On the performance of the United States nuclear power sector : A Bayesian approach. Energy Economics, 125: 106884. ISSN 0140-9883

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Abstract

Concerns over climate change and global emissions has again placed attention on clean energy sources. Nuclear power plants are one of many sources of clean energy and yet few studies have examined the structure of technology exclusively in this area. We utilize Bayesian empirical likelihood methods to estimate a stochastic frontier model to examine scale economies, technical efficiency and technological change in the United States nuclear energy generation sector. We find decreasing scale economies, a fact consistent with the recent decline of the industry. Our results suggest that small nuclear reactors may benefit the sector as a whole.

Item Type:
Journal Article
Journal or Publication Title:
Energy Economics
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/2000/2002
Subjects:
?? economics and econometricsgeneral energyenergy(all) ??
ID Code:
200166
Deposited By:
Deposited On:
31 Jul 2023 15:40
Refereed?:
Yes
Published?:
Published
Last Modified:
16 Jul 2024 12:05