Tuesday 21 May 2024

Renewables still rule

 The CSIRO and AEMO have published their latest gen cost estimates.

See HERE and HERE

Renewables are by far the cheapest form of energy and the quickest to build. The Opposition are becoming nuclear champions despite a lack of evidence to support their position. The time involved in bringing on nuclear power means you need a long transition and what will that energy be? It cannot be coal powered stations as they are cheaper and bad for the environment ( and people). Is it going to be umpteen gas fired power stations?

To more things Maybe three. nuclear is baseload power. It operates 24 hours a day. This means it will earn diddlysquat during the day because of the solar duck curve. ( google it for other explanations).

If private enterprise does not want a bar of coal fired  power then who is going to own and finance a nuclear power station.

Base load power does not work when the industry needs dispatchable power.

We are waiting for answers

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