

Coal has long been unprofitable, and nuclear has always needed huge state funding (you get weapons as the byproduct of nuclear power, hence the subsidies). Until it beats gas it still isn’t cheap enough imo. Gas of course is still massively subsidised too though, and that’s where we need to continue to work: our policy makers need to end fossil fuel subsidies
I work in this field. I’m trying to change these numbers! We are heading the right direction is the good news. China may well save us all with cheaper panels and battery manufacturing. And if 97% reduces our emissions even 50% on todays emissions then we can start talking about actually meeting some climate targets.
So this is all good news, but as I also said: I work in this field and know we have a long way to go yet. There also isn’t a single answer. Batteries, smart grids, grid-interconnects, efficiencies, supply mixes, demand offsetting; power is the best thing in the world to work in right now, it touches sooo many aspects of humanity and is changing so fast!