Australian analysis of nuclear costs
Posted: Sun May 26, 2024 9:50 am
https://www.theguardian.com/australia-n ... iro-report:
whick links to quite a nice graphic "Nuclear power is more expensive than most other sources:" https://www.theguardian.com/news/ng-int ... utton-cost - which I can't post as I can't get the screenshot small enough!The Coalition’s pitch on nuclear energy for Australia has had two recurring themes: the electricity will be cheap and it could be deployed within a decade.
CSIRO’s latest GenCost report – a document that analyses the costs of a range of electricity generation technologies – contradicts both of these points. It makes the Coalition’s job of selling nuclear power plants to Australians ever more challenging.
For the first time, the national science agency has calculated the potential costs of large-scale nuclear electricity in a country that banned the generation technology more than a quarter of a century ago.
Even using a set of generous assumptions, the CSIRO says a first nuclear plant would deliver power “no sooner than 2040” and could cost more than $17bn.
