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Renewable energy is crushing nuclear energy - and all other forms of power from dirty fossil fuels. There is only one new nuclear plant being built in the US, and all the existing nuclear plants are “bleeding cash” and struggling to stay competitive against renewables. In the draft report from the US Department of Energy that was leaked this past summer, even the Trump government admits that fossil fuels and nuclear are simply no longer economic compared to clean and modern renewable energy sources. And a recent study from the financial firm Lazard Ltd. shows that wind and solar energy are now cheaper than fossil fuels such as diesel, nuclear, coal, and in most cases natural gas. Clearly, governments and utilities around the world will from now on have a hard time justifying anything but renewable energy. So investing and building new renewables is now cheaper than just maintaining old nuclear and fossil fuel plants. This study was based on numbers from North America, a developed country where conventional energy sources such as nuclear and fossil fuels are less expensive to operate. In developing countries, conventional energy sources are much, much more expensive to build and operate. So the advantage renewable energy has in developed countries, such as the US, is even bigger in developing countries like China and India.
Simon Leufstedt posted a topic in No Nuclear Power's News and DiscussionsNearly a third of France’s ageing nuclear reactors could be shut down by 2025 as the country prepares to scale back the amount of electricity produced from nuclear power (source). According to France's new Environment Minister Nicolas Hulot, that's potentially how many nuclear reactors are needed to close to fulfil a law passed in 2015, by the previous Socialist-dominated parliament, that obliged the government to reduce the proportion of electricity generated from nuclear power from around 75% to 50% by 2025. France currently has 58 nuclear reactors operated by state-owned EDF and many of the nuclear reactors are old as they were built during the oil crises in the 1970s and ’80s.
Here's some more good news, this time from South Korea where the country's new President, Moon Jae-in, has committed to phasing out all coal and nuclear power stations. Read more over at EnergyDesk: http://energydesk.greenpeace.org/2017/06/19/south-korea-scrap-coal-nuclear-power/