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Slow, [Expensive] and Amazing - Nuclear Power [2/3]

Mr. Sustainability

Nuclear power is up to three times more expensive than wind or solar Summary - Costs of renewables continue to fall incrementally and are at a record low of around €40 per MWh. Nuclear power plants, especially in the West, are confronted with high construction costs, extreme delays and more stringent safety measures.

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Nuclear power: still 'no thanks' in 2020?

Business Green

Peter Michaelis, head of Liontrust's Sustainable Investment Team, considers whether new nuclear power is a worthwhile investment in the race to net zero. Nuclear generation, in absolute terms, has never been higher, with close to 450 reactors around the world. The succinct answer?

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ComEd’s Favorable Regulatory Treatment for Grid Investments Comes Under Fire

GreenTechMedia

That’s the charge leveled in a Tuesday report from the Illinois Public Interest Research Group, asking state lawmakers to force the utility to align its capital investments with its customers' interests. billion smart grid investment plan that included a 4.2-million

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Examining the Limits of ‘Energy Return on Investment’

GreenTechMedia

At the heart of this debate is one of the most important physical metrics you’ve never heard of: energy return on investment, or EROI. Hall and others, the basic principle behind EROI, also called energy returned on energy invested, is simple: A source of energy is only useful if you can get more energy out of it than what you put in.

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Powering into the Future? UK nuclear strategy after Hitachi

Business Green

The government must rebalance nuclear's place in the energy portfolio and bring the public onside while there is still time, argues Bright Blue's Andrew Leming. Hitachi's withdrawal from proposed nuclear power sites in Anglesey and Oldbury last month dealt a sharp blow to the government's net zero emissions strategy.

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Momentum Builds for UK Government to Self-Fund New Nuclear Plants

GreenTechMedia

gigawatt Hinkley Point C nuclear power station in 2012, it proudly proclaimed that the arrangement proved new nuclear did not need direct subsidy. A 2014 study found that of a global sample of 180 nuclear power plants, 97 percent ended up over budget. When the U.K. Since then, three other U.K.

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Three-Quarters of New US Generating Capacity in 2020 Will Be Renewable, EIA Says

GreenTechMedia

gigawatts of wind power capacity to come online in 2020 surpasses 2012’s record of 13.2 ” Driving this expansion is the coming expiration of the investment tax credit (ITC) for solar power and production tax credit (PTC) for wind power, which sets hard deadlines for completing projects seeking the credits.