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Nuclear Power May Become Crucial In Decarbonization Efforts

From oilprice.com

Nuclear power generation could help the world decarbonize energy amid growing global demand for electricity with the ‘electrify everything’ push, including in transportation. The energy crisis of the past year and a half has led to increased support for nuclear power in many countries, including the U.S., the UK, and even Japan. But negative perceptions are still entrenched, and nuclear costs are still much higher than the cost of providing wind and solar power. What wind and solar don’t currently have is stable baseload capacity to ensure a constant supply of electricity regardless of the weather. Nuclear power can ... (full story)

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  • Category: Fundamental Analysis