UBS: "solar with eventually replace nuclear and coal"
July 19, 2015
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As reported on page 90, in the July 2015 World Nuclear Industry Status Report:

"UBS, the largest Swiss bank says of large-scale power plants that they will become 'the dinosaur of the future energy system: Too big, too inflexible; not even relevant for backup power in the long run.'

...UBS, in a report published in June 2015, stated: 'We believe solar with eventually replace nuclear and coal, and [be] establish[ed] as the default technology of the future to generate and supply electricity.'"

(citing: UBS, "Will solar, batteries and electric cars reshape the electricity system?", August 20, 2014)

Article originally appeared on Beyond Nuclear (https://archive.beyondnuclear.org/).
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