<
https://reneweconomy.com.au/global-status-report-highlights-parlous-state-of-nuclear-power-sector/>
"Two new reports have undermined the Dutton Coalition’s claims about nuclear
power.
A report by the Institute for Energy Economics and Financial Analysis (IEEFA)
undermines claims that nuclear power would reduce power bills, and the latest
edition of the World Nuclear Industry Status Report undermines claims that
nuclear power is on a growth trajectory and Australia risks being left behind.
The IEEFA report’s key findings are as follows:
– Under the Coalition’s nuclear plans, electricity bills could rise by $665 per
year on average across jurisdictions and scenarios, for households using a
median amount of electricity.
– The bill impact would be more acute for larger households, given their higher
electricity consumption. For example, for 4-person households the average
annual bill increase across regions and nuclear scenarios would be $972 and for
5+ person households it would be $1,182.
– The cost of electricity generated from nuclear plants would likely be 1.5 to
3.8 times the current cost of electricity generation in eastern Australia.
– Overnight capital costs (excluding financing costs) of recent nuclear power
station builds analysed by IEEFA have blown out by a factor of between 1.7 and
3.4, creating significant financial difficulties for the companies involved."
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
