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Nuclear the competitor wind has to beat
1 January 2006
xThe escalating price of wind power equipment in 2005 pushed up its generation cost, but not to the point where wind loses its competitive edge over gas, its toughest rival of the past few years. But these days it is nuclear's economics that wind is being held up against, not gas. For the first time in its six year history, our annual comparison of power generation costs finds itself obliged to consider nuclear as a serious potential competitor -- a tricky task with no proof of what nuclear actually costs. By all reasonable measures, wind remains cheaper than nuclear.
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