Excerpt from Learning Effects and the Commercialization of New Energy Technologies: The Case of Nuclear Power
The policy debate has centered on the wisdom of government subsidy for the construction of large-scale commercial plants. The goal of subsidizing the plants is not to produce new technological information since the technology is already proven. Rather, the goal is to overcome obstacles to the introduction of the technology by the private sector. These obstacles are claimed to be of an informational nature. It is argued there are significant learning externalities. First, observing others' experience leads to lower construction-costs. Since the benefits can be realized by another's investment, there is too little incentive to invest.
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book explores the initial commercialization of the nuclear energy sector, utilizing the case study of the United States. The author focuses on the role of learning effects as a driver of nuclear power plant construction during the 1960s and 1970s. The analysis provided in this book suggests that learning effects, both within individual firms and across the industry as a whole, were significant factors in reducing the costs of nuclear power plants and improving the accuracy of cost estimates. Furthermore, the author examines the role of government subsidies and concludes that, in the case of nuclear power, the value of the externality was small and limited primarily to the first commercial-sized plant. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9780282324056_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9780282324056
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9780282324056
Quantité disponible : 15 disponible(s)