#Nuclear not the solution #Australia needs, says electricity grid chief
AEMO determined the best and lowest-cost pathway through energy transition was to build a grid dominated by #renewables, firmed up with #battery and #hydropower storage, and backed up by gas-powered generation
Nick Toscano
By Nick Toscano
July 16, 2024
"Australia’s energy market operator has dismissed claims that #nuclear is the answer to the power grid’s challenges, warning the technology is expensive and cannot be developed in time to replace rapidly retiring #coalfired generators.
"Opposition Leader Peter Dutton has revived Australia’s long-running climate wars ahead of the next federal election, mounting attacks against the government’s renewable energy rollout plans and calling for seven #NuclearPower stations to be built by 2050.
"However, Australian Energy Market Operator (AEMO) chief executive Daniel Westerman cautioned on Tuesday that nuclear was a 'comparatively expensive' power source and would take too long to develop in Australia, rendering it an impractical solution to the electricity grid’s most pressing needs.
"'Even on the most optimistic outlook, nuclear power won’t be ready in time for the exit of Australia’s coal-fired power stations,' Westerman said. 'And the imperative to replace that retiring generation is with us now.'
"Australia’s coal-fired power stations, the backbone of the electricity sector for more than half a century, are increasingly bringing forward closure dates as their ageing equipment becomes less reliable and less competitive against cheaper r#enewables.
"At least half of the 14 remaining #coal plants on the eastern seaboard are scheduled to shut before 2035."
[...]
"Westerman, speaking at the Australian Clean Energy Summit on Tuesday, pointed to research from the CSIRO and AEMO that found nuclear was one of the most expensive forms of electricity.
"That report concluded that Australia’s first nuclear plant would cost up to $16 billion, and could not be operational until at least 2040, despite the Coalition promising it would be ready in the 2030s."
https://www.smh.com.au/business/the-economy/nuclear-not-the-solution-australia-needs-says-electricity-grid-chief-20240716-p5ju4g.html
#NoNukes #NoNukesAustralia
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