Nuclear to cost $17b and twice as expensive as renewable energy, page-7

What price are you prepared to pay for the Duds folly?

In an Australian first, large-scale nuclear reactors have been added to official calculations of electricity generation costs to inform long-term decisions about what to build.Updated economic modelling released on Wednesday found that renewable energy - including costs associated with transmission and big batteries to support it - remains the lowest-cost, new-build technology.NanoSparkleEvery Car Has Scratches, But Few Know This Scratch Removal TrickAdPrepared by the national science agency CSIRO and the Australian Energy Market Operator, the latest edition of the benchmark GenCost report comes as the coalition vows to add nuclear power to the nation's grid.However, it could take until 2040 at the earliest to build a single plant, as nuclear power has extra safety and security hurdles, no investors circling, and laws banning it would need to be repealed.GenCost also warned of a massive "first of a kind" premium when starting from scratch to build a reactor, which would likely double the cost of going nuclear.

Nuclear first: benchmark report adds cost of reactors (msn.com)