Given Australia's vast uranium deposits, and large areas devoid of the natural risks which could contribute to a disaster, seems like it's an option which should be considered.
Half the price almostI know it's expensive, however per stable kwh, all non polluting sources are.
What's the cost of electricity in France when compared with Germany?
I know. Can't even build a coal mine or LNG processing facility without nimbys trying to kill it. Can't even build a Maccas in some places.I think one has to look at the nuclear option for base load back up but hard to see it happening when the rage is now for solar and storage technologies. Plus where in all honesty could you build a nuclear power plant in Australia that wouldn't produce nimbyism and outrage?
Any plant would have to be built near a good water supply, easily connect into the power grid and who is going to finance it? It would probably be suicide for any sitting member of Parliament to endorse a nuclear power plant to be built in their electorate.
I think you would have more chance Ryan running a new Macca's franchise than running a newly built Nuclear power station and probably more financially viable. Big Mac and a medium fries thanksI know. Can't even build a coal mine or LNG processing facility without nimbys trying to kill it. Can't even build a Maccas in some places.
You do realise those prices are in Euros right? As in both the residential and wholesale prices on average across the EU are higher than in Australia?I know it's expensive, however per stable kwh, all non polluting sources are.
What's the cost of electricity in France when compared with Germany?
And Australian tax payers pay through the nose for greenhouse mitigation - both through taxes AND higher prices, something a nuclear nation like France gets for free (with 1/3rd the er capita co2 emissions of Australia).You do realise those prices are in Euros right? As in both the residential and wholesale prices on average across the EU are higher than in Australia?
Nuclear isn't even in the picture for cost effectiveness, the only reason nuclear countries appear to have cheaper power is because of the huge explicit and implicit subsidies that come from taxpayer support.
Consumers still pay, they just pay through their tax bill rather than through their electricity bill.
Id argue if the the RET didn't exist, other renewables subsidies schemes were not in place and the various state governments stopped restrictions on onshore gas exploration and extraction, power prices in this country would be around 2/3 of the current level. There is layer upon layer of government interference in the energy market. Government intervention has wildly distorted what should be a competitive energy market and made investment decisions almost impossible (without some sort of government capital cost, financing or price support). Policy is being prioritised by emissions reductions over cost of power to consumers. The power industry itself doesn't care because it benefits from a shortage of supply and higher prices. Its energy intensive industry and the poor that are suffering. Its a monumental government policy failure and Canberra is largely to blameDo tell? What are these policies Australians are paying through the nose for?
The only thing costing Australians money at the moment is the cost of the ******* about on climate policy. If we had a policy in place, any policy, we'd be paying shitloads less for electricity.
I would also argue there was also little investment in maintaining Poles and wires over many years and there was a need for a lot of catch up on aged assets that was then past on to consumers. Charges for our “poles and wires” form one of the largest component of the electricity price. As for the gas there seems no shortage of the stuff to export. There is government intervention and regulation but some of that is to meet higher reliability standards and yes there are charges to allow for environmental programs like the Renewable Energy Target but the current uncertainty is what makes private energy providers and their financial backers undecided on how best to proceed.Id argue if the the RET didn't exist, other renewables subsidies schemes were not in place and the various state governments stopped restrictions on onshore gas exploration and extraction, power prices in this country would be around 2/3 of the current level. There is layer upon layer of government interference in the energy market. Government intervention has wildly distorted what should be a competitive energy market and made investment decisions almost impossible (without some sort of government capital cost, financing or price support). Policy is being prioritised by emissions reductions over cost of power to consumers. The power industry itself doesn't care because it benefits from a shortage of supply and higher prices. Its energy intensive industry and the poor that are suffering. Its a monumental government policy failure and Canberra is largely to blame
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