Yes – Nuclear power is an economically competitive low carbon energy source
- Jan 24, 2021 3:15 am GMTJan 24, 2021 3:20 am GMT
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When it comes to the economics of electricity, there is no report more important than Projected Cost of Electricity, issued every 5 years by the International Energy Agency (IEA) and the OECD Nuclear Energy Agency (NEA). This report (now in its 9th edition) collects electricity costs of various technologies from a range of countries and reports on the competitiveness of each. The 2020 version of this report was issued in December and its conclusion is clear – nuclear power is the dispatchable (meaning always available) low-carbon technology with the lowest expected costs.