Low-carbon tech advancing

A NEW Lloyds Register survey has revealed nuclear power is now one of the cheapest options for power generation once total lifecycle costs are taken into account, while 70% of renewables respondents say their tech is reaching cost parity with fossil fuels.

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The 583 respondents comprised energy utilities (44%), supply chain manufacturers (24%), distribution system operators (14%), supply chain entities such as engineering firms (9%) and operators (9%).

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