61. The Economics of Nuclear Energy Markets and the Future of International Security
- Author:
- Erwann O. Michel-Kerjan and Debra Decker
- Publication Date:
- 01-2008
- Content Type:
- Working Paper
- Institution:
- Belfer Center for Science and International Affairs, Harvard University
- Abstract:
- This paper discusses the evolution of nuclear energy markets and key drivers of the growing “nuclear renaissance.” We focus on uranium, the largest part of the nuclear fuel markets, and analyze market demand, supply, and prices since the 1970s. We review the forces impacting this market – historically and prospectively - and note proliferation concerns surrounding nuclear energy: i.e. the same facilities that enrich uranium for electricity generation can also enrich it further for nuclear weapons.
- Topic:
- Security, Emerging Markets, Energy Policy, International Cooperation, Markets, and Nuclear Weapons