freediver wrote on Jun 30^th, 2024 at 5:28pm:



You were the one parroting about "the life cycle cost".

freediver wrote on Jun 30^th, 2024 at 8:34pm:


How many years did they use for the life cycle of nuclear? You are the one saying it is the most expensive, Or are you just wombling again. Not knowing what you are talking about? Strangely enough the CSIRO report doesn't mention how they calculated the life cycle of nuclear. Just said it was too expensive.

And as I said 4 hours of battery storage for renewables is not enough.

Lots of very deep mines way out west.... old and vacant now.  The Long Drop.....

lee wrote on Jul 1^st, 2024 at 4:13pm:


It's not an "opinion". It is what is actually costs - in countries that have actual experience with nuclear power..

lee wrote on Jul 1^st, 2024 at 5:02pm:


You're a bit slow on the uptake Lee. It is not an estimate for greenfields sites. It is actual cost trends from 2009 to 2022.

freediver wrote on Jul 1^st, 2024 at 5:05pm:


"The GenCost report notes that some of the challenges in trying to pin down an estimation for Australian nuclear plant costs based on overseas data includes:"

...

"Whilst there is a risk of a FOAK premium for a nuclear build in Australia, the CSIRO has not included it for large-scale nuclear given it has not included a premium for other technologies that are also not yet deployed locally, such as solar thermal or offshore wind."

"The ratio of Australian to South Korean USC plant costs used is 3.0 when all costs are considered in the same currency.  To arrive at the Australian figure of $9,217/kW, the South Korean costs were multiplied by 3.0, inflated and converted from USD in 2018/kW to AUD in 2023/kW. The report notes that new large-scale nuclear costs are significantly lower than those for an SMR."

"As a result of these factors the CSIRO argues “there may be no meaningful comparison that can be made between overseas nuclear electricity prices and the costs that Australia could be presented with in building new nuclear”."

...

"Construction is considered to take 5.8 years based on an assessment by advisory firm Lazard. The CSIRO contends that with the additional legal and safety and security steps needed locally “the first nuclear plant in Australia will be significantly delayed”.

It points to the 15 years considered to be needed for an SMR as an indicator of the time needed. It notes that even in the US with a more developed legislative framework for nuclear, the now cancelled Carbon Free Power Project (an SMR project) would have taken 15 years from its formal launch to reach full operation."

https://www.energycouncil.com.au/analysis/large-scale-nuclear-costs-has-the-csir...

freediver wrote on Jul 1^st, 2024 at 9:02pm:


Australia has signed Nuclear Non Proliferation treaty which means we can get help with nuclear power.

UAE took 7 years to build first nuclear reactor for power 5 years for the next. It's quicker when you ask for help.

$8.6 billion is the cost according to CSIRO.

The Snowy Hydro 2 pumped hydro was supposed to cost $2 billion and be finished in 2021. So far it has cost over $12 billion with finish date around 2028-2029.
Pumped hydro consumes more energy than it produces you will lose 20-40% from efficiency losses.

Did they mention snowy hydro 2 in Gen Cost or leave that out?

It's unlikely anyone would be considering investing in nuclear since it's illegal at present. Did Howard sneak in making it illegal with another bill late one night?

chimera wrote on Jun 24^th, 2024 at 8:05am:



Funny  ......but hat actually points out the hypocrisy of this Labor govt.