Organizational models for the decommissioning of nuclear power plants
Lessons from the United Kingdom and the United States
Bibliographic Data
| ID | 12246743 |
|---|---|
| Authors | Alexander Wimmers (0000-0003-3686-0793, German Institute for Economic Research, corresponding author), Christian von Hirschhausen (0000-0002-0814-8654, German Institute for Economic Research) |
| Year | 2024 |
| Volume | 91 |
| Pages | 101843-101843 |
| Publication date | 2024-10-07 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Utilities Policy (JOURNAL) |
| Journal identifiers | ISSN: 0957-1787 • E-ISSN: 1878-4356 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.jup.2024.101843 |
| OpenAlex | W4403171475 |
| Language | EN |
| Citations received | 1 |
| References cited | 24 |
With nuclear reactor fleets continuously aging, the decommissioning of closed reactors is gaining increasing attention. In nuclear decommissioning, technical, organizational, and regulatory challenges lead to long project durations and cost escalations. This paper attempts to examine the organizational efficiencies in nuclear decommissioning by applying the framework of the "system good" analysis and assessments based on new institutional economics. It compares the former parent-body-organization model practiced in the United Kingdom with current approaches observed in the United States, highlighting potential gains and policy recommendations for private sector involvement in nuclear decommissioning. Inefficiencies experienced in the United Kingdom include regulatory issues, private actors' opportunism, and information asymmetries. Comparatively, the models observed in the United States show fewer such issues, but regulators should address potential profit-driven shortcuts and funding adequacy. • Analysis of necessary processes, assets and coordination to decommission NPPs • Description of historic development of decommissioning regulation in UK and US • Comparison of identified organizational models based on new institutional economics • Identification of inefficiencies and points of failure for private sector inclusion • Assessment of potential benefits and risks of certain organizational models
Business · Nuclear decommissioning · Nuclear engineering · Nuclear physics · Nuclear power · Physics · Power (physics · Waste management · Engineering · Graphite, nuclear technology, radiation studies · Nuclear and radioactivity studies · Risk Perception and Management
The theory of industrial organization
Entscheidungen in die weite Zukunft
The U.S. electricity market twenty years after restructuring
Fixing” the nuclear waste problem? The new political economy of spent fuel management in the United States
Cursed forever? Exploring socio-economic effects of nuclear power plant closures across nine communities in the United States
Principal-Agent Theory and Organisational Change
The Nature of the Firm
| Citations per year | 1 |
|---|---|
| Citation span | 2025 - 2025 (1) |
| Highly cited | No |