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New wind, solar power cheaper than nuclear option, study shows

Author: Stefan Nicola

New wind and solar plants generate cheaper low-carbon electricity than the latest nuclear reactors, a study shows, indicating they will lead a global push for green energy.

Newly built wind and solar with natural-gas as a backup can make power a fifth cheaper than nuclear backed by gas, the study by consultant Prognos AG shows. Excluding the backup generation, renewables produce power 50 percent cheaper than nuclear, according to the study. Gas-fired power may be used when demand exceeds generation available from wind and solar.

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