how stupid are you ...anyone with any knowledge of large acale power generation says Australia should be fully invested in renewables
The trouble is that nuclear is a terrible companion to renewables; it’s every bit as incompatible as coal. The defining characteristic of being “compatible” with renewables is the ability to scale up and down as needed to “firm” renewables. Countries like France can only make nuclear work by exporting large amounts of energy when it’s surplus to demand.
Assuming we don’t build a single new wind farm, to replace coal in firming renewables, nuclear would need to operate at less than 60 per cent average utilisation (like coal today) to keep capacity in reserve for evening peak demand. This alone would push the cost of nuclear beyond $225/MWh. To replace gas as well, the cost skyrockets to $340/MWh.
And there’s no good reason to go down such an expensive path when we have the great fortune in Australia of a far cheaper and perfectly reliable alternative.
There have been remarkable cost reductions in wind and solar in recent decades. Today, even accounting for transmission and firming requirements, renewables can deliver electricity at $115/MWh, by far the cheapest source of energy.
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