Report: Nuclear and other low-carbon generation becoming cost-competitive

December 17, 2020, 3:00PMNuclear News

The levelized costs of electricity generation from low-carbon technologies, including nuclear, are dropping and are increasingly below that of conventional fossil fuel generation, concludes a new report from the International Energy Agency and the OECD Nuclear Energy Agency (NEA).

The 223-page report, Projected Costs of Generating Electricity—2020 Edition, the ninth such jointly produced analysis, includes plant-level cost data on power generation from nuclear, natural gas, coal, and a variety of renewable sources, including wind, solar, hydro, and biofuels. The report provides data from 243 plants in 24 countries.

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