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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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Compared with the previous edition published five years ago, Projected Costs of Generating Electricity: 2015 Edition details a significant drop in the price of solar and wind generation costs, especially for solar photovoltaic (PV) installations, as a result of sustained technological progress.

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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

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The increasing prices of lithium has also led to higher investments in carbonate and hydroxide refinery facilities in the country, making it the leading refiner of battery metals globally. Germany and Hungary will increase their battery manufacturing capability to match Poland, as cell and component plants come online in coming years.

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