The NEA Nuclear Development Committee (NDC) agreed during its June 2007 meeting to establish a subgroup to provide analyses of economic issues on a near-permanent basis. The Working Party on Nuclear Energy Economics (WPNE), which is made up of representatives from 12 NEA member countries and the European Commission, met for the first time on 12-13 November 2007 at NEA offices in Issy-les-Moulineaux, France. Participants discussed a wide range of issues in the field of economics of nuclear energy and several activities that could be undertaken within the framework of the working party's mandate.
Two sets of recommendations to the NDC were drafted. The first concerns tasks to be carried out by the WPNE on a continuous basis, such as developing a database of unit costs and prices and implementing computer tools to support cost estimates. The second set of recommendations identifies key economic issues that could be incorporated into the NDC programme of work, such as the cost-effectiveness of nuclear energy in reducing greenhouse gas emissions and the impact of uranium prices on the economics of nuclear energy.
The WPNE is currently working on the following two major projects: Carbon Pricing, Power Markets and the Competitiveness of Nuclear Power and System Effects of Nuclear Power. The Working Party also organised an International Expert Workshop on Enhancing the Contribution of Nuclear Power to a Low-Carbon Electricity Future held on 9 November 2011 in Paris.
Last reviewed: 6 May 2014