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The levelised costs of electricity generation of low-carbon generation technologies are falling and are increasingly below the costs of conventional fossil fuel generation, according to a report by the OECD Nuclear Energy Agency (NEA) and the International Energy Agency (IEA). The cost of electricity from new nuclear power plants remains stable, yet electricity from the long-term operation of existing plants constitutes the least cost option for low-carbon generation. Nuclear electricity is expected to have lower costs in the near future, the report says.
- Source: World Nuclear News
- Date: Thursday, 10 December 2020
- Original article: world-nuclear-news.org/Articles/Nuclear-electricity-costs-set-to-decline,-study-fi