<
https://www.theguardian.com/australia-news/2024/dec/09/csiro-refutes-coalition-case-nuclear-is-cheaper-than-renewable-energy-due-to-operating-life>
"The CSIRO has rejected Coalition arguments that nuclear power plants could be
developed in Australia in less than 15 years and that their long operating life
would make them cheaper than other options.
Instead, it has again found that “firmed” solar and wind are the cheapest new
electricity options.
A draft GenCost report – the national science agency’s annual assessment of
electricity costs – dismissed arguments by nuclear proponents that the
technology’s economics have not been adequately considered.
The opposition leader, Peter Dutton, said he was preparing to release further
details of his proposal this week to eventually build seven taxpayer-funded
nuclear power plants, arguing it would be cheaper than renewable energy once
the costs of firming technology – mostly energy storage and transmission lines
– were included.
But CSIRO’s analysis, conducted with the Australian Energy Market Operator
(Aemo), found several claims by nuclear advocates supporting the technology and
attacking renewable energy were not accurate.
It calculated the cost of electricity generated on a grid dominated by
renewable energy with firming support in 2030 would be at least 50% cheaper
than the cost from a potential nuclear energy plant. Electricity from small
modular nuclear reactors, which do not yet exist commercially, would be
significantly more expensive again."
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
