Australia's largest stock trading and investment forum Australia's #1 stock forum

CSIRO at last telling the Truth, page-72

First 72 Last

Share
Profile

Follow
Cowboyinvestor

23,686 Posts.

33

22/05/24

15:31

Post #: 73957455
Share

Originally posted by acorn: ↑

ROFL.

" I maintain that nuclear energy in Aus is inevitable. it will eventually be necessary, particularly as the technology is advancing and will result in lower energy production costs. even SMR costs will fall in future. "Yeah............sure they will . Meanwhile, much cheaper renewables continue to be built every day on the way to a zero emission grid by about 2035. That's just 11 years away.

Where are these imaginary nuclear plants going to fit in ?

Nuclear baseload can't compete in Australia's grid today. Renewable generation continues to fall in price . And you think that nuclear is going to win that race ???

Considering that the east coast grid will be zero emission by around 2035 with solar, wind and battery recycling industries well established , what is going to be the role for toxic waste producing nuclear ?

By 2035 most car sales will be ev. That means we will be buying around 75 GW of energy storage a year just in our cars.

Even the imaginary SMRs won't have a place .

Expand

"...Nuclear baseload can't compete in Australia's grid today. Renewable generation continues to fall in price . And you think that nuclear is going to win that race ???..."

lol... just ask South Australia how thats going...
7 Upvote

Reply

Top Stories

AII

Inside the depths of Panasqueira: A legacy carved in rock

PH2

Hydrogen at a crossroads: Plug Power, Pure Hydrogen and Nel ASA between opportunity and crisis – Your profit strategy

AII

Nasdaq-listed Almonty Industries receives substantial cash injection

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

ASX Market Open: Downturn as tariffs regime finally pushes US CPI higher | July 16

First 72 Last

SPONSORED BY