The expansion of solar energy will make nuclear power obsolete and push it out of the electricity market by the 2030s, making financial support for nuclear power a waste of money, the CEO of consultancy Rystad Energy told Montel on Tuesday. Support schemes for nuclear, like the financing model recently mulled by Sweden, was throwing “money down the drain”, said Jarand Rystad on the sidelines of the ONS conference in Stavanger. Even newer technologies like small modular reactors (SMR) would … read more »
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