In 2020, every two days, wind and solar add more net capacity to the world than nuclear in a year. Fifteen years ago, the Nuclear Industry presented itself as the main solution to climate change; today, it is limping towards oblivion. This carnage is mainly self-inflicted: disregard for capital discipline, appalling track record in term of innovation deployment and more basically wrong economics when every other source of energy was working hard to scale up and reduce costs. To assist us in the Industry’s autopsy, we have invited Mycle Schneider, leading independent nuclear expert and coordinator of the internationally acclaimed World Nuclear Industry Status Report. We dissect the reasons why the industry is going from bad to worse, and why its last supports start to wane. Total tragedy.
Energy Central 1st Dec 2020 read more »