Is nuclear energy a reasonable option for Australia?
Nuclear power and Australia John Quiggin January 21st, 2010 There’s been a bit of discussion about nuclear power lately, but it tends very much to the abstract. I thought I would look into the question of when, if ever, nuclear power might be a reasonable option for Australia to consider, and how we should go about it.
An obvious starting point is the Switkowski report commissioned by the Howard government, which I’ve uploaded here. There are three main points which allow me to provide an answer to the question, at least for the next decade or so.
(i) In the absence of a substantial carbon price nuclear power is not competitive with coal
(ii) First-of-a-kind (FOAK) nuclear plants are likely to be very expensive (above $80/MWh), not competitive with wind or gas (even with CCS)………………minimal conditions can’t be met before 2025 at the earliest.
The US, which has been attempting for a decade to restart its nuclear industries is still at the pilot stage, exploring a number of technologies, and offering to subsidise the construction of three plant designs for each major option. Most of the proposals are on existing sites, only six have reached the point of a plant actually being ordered, and none is anywhere near starting construction……..
……That suggests that Australia should forget about nuclear power entirely for at least the next five years. If things are going well for nuclear, and not so well for renewables, that would be the time to start setting up regulatory structures, looking for sites and so on. http://johnquiggin.com/index.php/archives/2010/01/21/nuclear-power-and-australia/
Interim carbon price would mean a start to action on climate change
We are under no illusions that this solution is perfect. It is clearly a third or fourth best solution. But, unlike the CPRS, there is no way it can hold back climate action.
This deadlock helps no one. The community is denied action on the climate crisis, the business community is denied the investment certainty it craves, the government looks increasingly impotent and the opposition looks like spoilers.
Interim carbon price preferable to time-wasting political stunt Christine Milne: The Australian January 22, 2010 There is a solution to this deadlock, one that Ross Garnaut suggested a year ago in his final report, Continue reading
1 This month
of the week – Disrupting War & Militarism in Oceania. Active solidarity. Radical practice.
Antinuclear 