Economical effects of alternative service lifes for German nuclear power plants

The study deals with two scenarios of extended lifetimes for German nuclear power plants of 40 and 60 years as against the existing regulations with plant lifetimes limited to approx. 32 years. The longer service lives of plants are reflected in reduced electricity generation costs and thus may have a positive influence on electricity prices. Moreover, there would be additional growth of production together with additional jobs, all of which would add up to nearly 42,000 persons for all sectors of the economy as compared to the basic scenario. Also, CO2 emissions could be curbed by up to 50 million tons of carbon dioxide. The Study offers ample and valid reasons in favor of extending the lifetimes of nuclear power plants. In the interest of general welfare, politics would be well advised to relax the restrictions on plant life in the course of this legislative term. (GL)