For those with an open mind, the median unsubsidized levelized cost of energy (LCOE) world wide for nuclear power typically ranges from around $100 to $170 per megawatt-hour (MWh). On the other hand, for renewables like wind and solar, the LCOE can range from $20 to $60 per megawatt-hour, making them generally more cost-effective than nuclear power. However, these numbers can vary depending on specific project characteristics and location. Australia is considered one of the most advantageous areas in the world for renewables. Renewables can be utilised for many varying means of storage; pumped hydro, hydrogen, and numerous types of chemical battery technologies beyond what we typically see in lithium.
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