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

Shame there's a zero chance of building a nuclear power plant at...

First 56 Last

Share
Profile

Follow
Tarvold

23,233 Posts.

1261

07/10/24

22:15

Post #: 76017487
Share

Originally posted by logco: ↑

Australia's power consumption is set to double by 2050 and no party has a plan or a cost to deliver that power.

Coal operators will run down their plants and the government will have to pay; sorry we will have to pay to keep them going util something else comes along.

I Victoria we are sitting on huge gas reserves that will be needed to provide peak power and yet the state government is blind to the resource that is essential, quick to build to back up renewables, but Labor is scared if they endorse gas, they will lose metro metro seats.
Gas plants at Hazlewwod, Yallourn produces about 20% of the state's power or about 1450 MW and Loy yang make sense because the transmission lines are already there.

Yallourn has been tipped to close by 2027 and Loy Yang that produces 30% of Victorias power or 2200 MW by 2035, we are going to need a lot of solar and battery and wind turbines to be operational in a hurry. The state Labor government has NFI but it will not be their problem.

Expand

Shame there's a zero chance of building a nuclear power plant at Loy Yang by 2035.
3 Upvote

Reply

Top Stories

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

IMU

Imugene kicks off Australian trial for blood cancer treatment

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

HotCopper Highlights: Your most watched and most discussed stocks this week

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Trump is President Again: What Does This Mean for Crypto?

There are more pages in this discussion • 82 more messages in this thread...

First 56 Last