VIENNA (AN) — The U.N.'s atomic watchdog agency released two reports this month that together capture nuclear power's incongruity. Its economic appeal is uncertain, but it has relative advantages in fighting climate change.
The International Atomic Energy Agency, or IAEA, reported earlier this month the nuclear industry could have a shrinking role as an electricity provider due to its "reduced competitiveness." Nuclear power produced just 10% of the world’s electricity in 2017. That share is likely to fall further with the closure of aging nuclear plants that can't compete with lower-cost energy sources.
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