<
https://reneweconomy.com.au/if-peter-dutton-has-a-better-understanding-of-the-cost-of-building-nuclear-then-lets-see-it/>
"Two weeks ago, the Institute for Energy Economics and Financial Analysis
released a report analysing how much electricity prices and Australian
household energy bills would need to rise to make nuclear power plants
financially viable.
The report found that household energy bills across the four states analysed
would rise by an average of $665 a year relative to existing prices.
Federal opposition energy spokesperson Ted O’Brien claimed the report’s
analysis was based on a “cherry-picked” sample of nuclear power projects.
Opposition treasury spokesperson Angus Taylor described the analysis as
“nonsense.”
The leader of the opposition Peter Dutton had the opportunity to provide a
detailed response to our research in a speech he gave on nuclear power several
days later. Yet his speech contained no alternative economic analysis or
costing to support the opposition’s claims our research is incorrect.
Our analysis was informed by the actual construction costs of all nuclear power
projects that have been committed to construction in the past 20 years across
the European Union and North America.
In addition, we also considered two projects that had reached the tender
contract pricing stage. A sample of six projects may appear small but the lack
of a significant number of projects committed to construction is a warning bell
in itself.
The limit of 20 years was chosen because projects from any earlier would have
employed reactor technologies that lacked critical safety features now deemed
essential by EU and US regulators."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
