Markets are competitive. We have a huge competitive advantage in...

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Sailor101

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12/11/24

17:54

Post #: 76570955
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Originally posted by pintohoo: ↑

20 or 30 years shouldn't be a problem - the system by then would be mature

but, for the potential deficit period - which could be around 2035 ish - and for ?? who knows how many years - probably not many

I'm reluctant to use the word 'taxpayers' ------------ I'd rather say the country or the nation -

yep will be on the block as you say ------- if there is a deficit in power ----- it won't cost billions to supply the deficit -

that will be impossible to purchase to fill the gap ------- but, it will COST billions in losses.

The market is only interested in one kind of thing - solar and wind, with a scattering of hydro where it stacks up

not nuclear, not coal and doubtful on much gas - because there isn't the gas atm all that easily.

Markets will go with whatever makes profit and is doable.

Nuclear isn't doable for that time period where there might be a shortage, coal is not doable because it's not politically doable

so, it really comes down to investment decisions on return on capital and what's doable -

and that's solar and wind - with the odd bit for hydro - but even on the latter - it's longer term and larger capital - so, it's just not as attractive

hence - solar and wind = guaranteed profit

no one cares about the country - it's all just about $

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Markets are competitive. We have a huge competitive advantage in Australia with our land area, sun and wind. Nuclear in Australia is a brain fart - even Dutton knows that he is just pissing in the wind.
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