Go nuclear, page-6

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    Below is the start of a report on ABC News app about the relative cost of energy sources. The report shows the cost of nuclear power would be several times that of solar or on-land wind power.

    the cost advantage of power from these sources appears to be so great that proponents of nuclear power obviously don't even bother modelling actual costs, but just rabbit on with their irrational politically-based arguments.

    ABC:

    "Nuclear power would be the most expensive source of new energy for Australia, a new report from the CSIRO and energy market regulator has estimated.

    "Key points:

    "Solar and on-shore wind projects are the cheapest form of new energy in Australia.
    "Nuclear energy would be the most expensive source of new energy.

    "The report says electricity generated by solar and on-shore wind projects is the cheapest for Australia, even when accounting for the costs of keeping the power grid reliable while they're integrated into the system in greater proportions over time.

    "The results can be found in the GenCost 2023-24 draft report, released on Thursday for consultation.

    "Paul Graham, CSIRO chief energy economist and lead author of the report, says the estimates of the costs of nuclear energy are significant, because they're based on the actual experience of a nuclear energy project in the United States that was aborted last month."


    https://hotcopper.com.au/data/attachments/5837/5837937-b02b5974803d07477426f6c965785a60.jpg


 
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