Nuclear power is losing ground to renewables in terms of both cost and capacity ...
BUDAPEST/PARIS - Nuclear power is losing ground to renewables in terms of both cost and capacity as its reactors are increasingly seen as less economical and slower to reverse carbon emissions, an industry report said.
“Stabilizing the climate is urgent, nuclear power is slow,” said Mycle Schneider, lead author of the report. “It meets no technical or operational need that low-carbon competitors cannot meet better, cheaper and faster.” “To protect the climate, we must abate the most carbon at the least cost and in the least time,” Schneider said.
In the United States, renewable capacity is expected to grow by 45 GW in the next three years, while nuclear and coal are set to retire a net 24 GW.
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