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Japan Sees Nuclear as Cheapest Baseload Power Source in 2040


Nuclear power is forecast to be the cheapest baseload electricity source in Japan in 2040, highlighting the government's desire to restart the nation's idled reactors. From a report: The cost of constructing and operating a new nuclear power plant for 2040 is estimated at 12.5 yen ($0.08) per kilowa...

Nuclear power is forecast to be the cheapest baseload electricity source in Japan in 2040, highlighting the government's desire to restart the nation's idled reactors. From a report: The cost of constructing and operating a new nuclear power plant for 2040 is estimated at 12.5 yen ($0.08) per kilowatt-hour, according to documents released from a trade ministry panel meeting on Monday. The analysis released Monday also estimated LCOE of ammonia and hydrogen co-fired electricity, as well as pairing carbon capture and storage with LNG and coal power plants -- technologies that the Japanese government is considering for its long-term energy transition.

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