Nuclear power no longer competitive with wind power – innogy renewables head
The significant drop in the cost of generating offshore wind power means that even modern nuclear power plants are no longer able to compete economically with this renewable energy source, says German energy supplier innogy SE’s COO for Renewables Hans Bunting. In an article carried by the Guardian, Bunting argues that new nuclear power stations in the UK are “obviously” unable to beat windfarms in terms of prices, even when the renewable source’s intermittency is taken into account. “What we see now [with prices] is with today’s technology. It’s not about tomorrow’s technology”, Bunting said.
Read the article in English here.
See the CLEW article Operators to build offshore wind farms without support payments for more information.