We must be in zombie energy territory.
The coalition wants to get into nuclear power.
What are the problems?
- It is very costly, indeed it is easily the most expensive power source even with a price on carbon which is essential
- It takes a lot of time to build some 15 years if you are lucky.
- It provides baseload power meaning like coal fired power it would lose money except at night the solar duck curve anyone
- Baseload power only works when the state owns the whole sector. Under private sector ownership it is dispatchable power that is king. come in renewables ( and gas)
- No-one in the private sector wants to build a nuclear power station. Indeed they do not want to build a coal fired power station. Thus it would be the Federal government building it.
- By the time it comes on steam so to speak renewables will be much much cheaper which together with pumped hydro means it aint needed.
- Rooftop solar will be much greater once it comes on stream and officials will have to choose between nuclear p ower and rooftop solar. Guess where the votes are?
- The government would need to force retailers to take expensive nuclear or pay massive subsidies so prices do not rise.
Now I am only just getting started. Imagine a government stopping renewables and keeping on old coal fired power plants until we have nuclear plants., blackouts anyone?
I simply cannot believe the coalition is fair dinkum about nuclear power
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