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MirCat

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26/06/24

19:28

Post #: 74499315
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Originally posted by hcraboc: ↑

We really should look at the US for some guidance on nuclear reactors.
The Vogtle 3 and 4 Reactors were recently completed. More than 7 years late and US $21B over budget
This was an expansion of an existing site.
The output roughly 75% of the Eraring Coal Fired Power Station in Australia.
It was the first new nuclear power station to be turned on in 7 years.
It sent Westinghouse broke.
Currently there are NO nuclear reactors under construction in the US.. ZIP, Zero, Nada.

In the UK there is Hinkley Point C
Another financial disaster. It forced the French Government to step in and nationalize EDF who are building the plant.
the ultimate cost is now estimated to be UK 46 Billion pounds and will open in 2031 many years late.

The Liberal Party used to be the party for business and economic rationalism.

I am not against nuclear power. But every reasonable body CSIRO, BNEF, Lazard etc all say nuclear power is too expensive.

Forget the Green/Global Warming/Coal/Gas Debate.

Australia needs cheap power to be a competitive and have strong economy. If this goes ahead this will damage our competitiveness for decades.

I rate the Australian Government delivering mega projects about 50% more useless than the US.

Its competition from power generators that reduces power prices.
Waiting until 2040 to 2045 for nuclear power is a long wait for competition.

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https://electrek.co › 2024 › 06 › 11 › coal-to-nuclear-reactor-plant-wyoming
The world's only coal-to-nuclear reactor plant just broke ground in ...
11 Jun 2024The project features a 345 MW sodium-cooled fast reactor with a molten salt-based energy storage system. ... so it can absorb all the extra heat generated in the nuclear core. Unlike water, the ...

TerraPower’s nuclear plant is “potentially” expected to come online in 2030. TerraPower will first build the non-nuclear parts of the plant while the US Nuclear Regulatory Commission reviews TerraPower’s construction permit application, which it accepted last month.
ORG Price at posting: $10.83 Sentiment: None Disclosure: Not Held
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