Amid a heated political debate about the best way to decarbonise Australia's power grid, AEMO has once again declared that renewables, backed by batteries and firmed by gas, to be the most cost-effective solution.
The market operator did not model the Coalition's alternative nuclear power plan because its blueprint is based on current government policies and the technology is not currently permitted under Australian law.
However, it referenced the most recent CSIRO GenCost report which found nuclear was one of the most expensive ways of generating electricity, and would not be built quickly enough to replace the coal exiting the grid.
Nuclear, page-7
Add ORG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.59 |
Change
0.095(0.91%) |
Mkt cap ! $18.02B | |||
| Open | High | Low | Value | Volume |
| $10.57 | $10.64 | $10.44 | $8.520M | 807.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2647 | $10.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.59 | 6782 | 23 |
View Market Depth
| Last trade - 11.56am 01/08/2024 (20 minute delay) ? |
| ORG (ASX) Chart |