Market Has Said “No” to Nuclear and “Yes” to Renewables

[Oscar]

The Reality Is that the Market Has Said “No” to Nuclear and “Yes” to Renewables

[ https://tinyurl.com/y7j46r5k ]

- Russian International Affairs Council, - By Tatyana Kanunnikova, RIAC, December 25, 2020


QUOTE: "In the journey to manage the decline of fossil fuels, not all low carbon technologies are equal. The reality is that nuclear is far less benign, far more expensive, and far more carbon-intensive than renewable options. Nuclear will struggle to compete with the technological, economic, and security advantages of the coming renewable evolution. In bidding goodbye to fossil fuels, we should also say goodbye to nuclear. And given the ramping costs and risks that cling to this, essentially late 20th-century technology, it is not too soon."

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