Archive for June 7th, 2010

national cuts

Monday, June 7th, 2010

flautenkreuzIMG_0023-500 “Flautenkreuz” photography by Brad Löw

According to what I read in the study ├ľkonomische Auswirkungen einer Laufzeitverlaengerung deutscher Kernkraftwerke (in german) which was made on behalf of the BDI (the “umbrella organisation of german industries”) (BDI site) the operational life-span of nuclear power plants in Germany to
-40 years would lead to a financial gain (via cost saving) from:

    approximately 3.3 billion Euro/year (2015) to approx. 6 billion Euro/year (2020) (table 3-1, p. 34 of the study),

extending the operational life-span to
-60 years would even lead to a gain from:

    approx. 8 billion Euro/year (2020) to approx. 10 billion Euro/year (2025) or approx. 9.3 billion Euro/year (2030) (from table 3-2, p. 35, of the study ).

So on average one can roughly say that the life-span extension of nuclear power plants would lead -according to what I read in this study- to a financial gain of -very roughly averaged- at least 5 billion euros per year. Since it is expected that electricity prices will be made according to market value and not according to that gain which is due to unexpected life-span extensions one could infer that this gain will be the gain of the electricity industry. Consequently the german government (which is planning a life-span extension of nuclear power plants) is planning to demand a share of that prospected gain for their new cuts plans in the socalled “Sparpaket”. According to Spiegel Online the current plans are to ask the electricity industry for a share of 2.3 billion per year. Thus if I conclude rightly this means that the electricity industry may keep a gain of at least 2.7 billion per year (or up to 7.7 billion per year depending on life-span extension) . It is not clear how much of that would be reinvested into renewable energies. Social cuts according to Spiegel Online on that page.

I don’t know, wether the life-span extension of nuclear power plants means that this study is going to be extended.

I also don’t know wether inspection optimization is planned.