“We simply don’t have the time to waste attention, intelligence, manpower and funding for fantasy technologies that might or might not work, more likely, some time in the 2030s or 2040s, while affordable concepts from efficiency to renewables are readily available,” Schneider said, referring to the fourth-generation of nuclear power plants that several governments across the planet are presenting as a viable option.
“Nuclear power is irrelevant in today's electricity capacity market,” the report's main author, French nuclear consultant Mycle Schneider, told pv magazine, noting that power generation from nuclear power dropped by 4%, while non-hydro renewables increased by 13%.Īccording to the report, the levelized cost of energy (LCOE) of solar PV dropped by approximately 90% over the past few years, while the LCOE of nuclear energy climbed by around 33%. The lackluster results for nuclear compare to 256 GW of newly deployed renewable energy capacity last year, including 127 GW of PV and 111 of wind power.
Global nuclear power capacity including grew by just 400 MW in 2020, according to the latest annual edition of the World Nuclear Industry Status Report, published by French nuclear consultant Mycle Schneider. Clean Power Research: Solar data solutions to maximize PV project performance.Energy Storage North America Special 2018.The smarter E Europe 2019 special edition.Market overview: Microgrid control systems.Market overview: Large-scale storage systems.
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