Australian news, and some related international items

Tomago Aluminium boss wants government to invest in nuclear energy

Finkel review: Tomago Aluminium chief executive says nuclear energy should be an option, Newcastle Herald, 14 Jun 2017, THE boss of NSW’s largest electricity user, Tomago Aluminium, has welcomed increased energy security requirements recommended in the Chief Scientist Alan Finkel’s energy market reform report.But the smelter’s chief executive, Matt Howell, says he believes that if Australia’s politicians were “brave” they would consider nuclear energy……

The Clean Energy Target (CET)  would provide incentives for new generators that produce electricity below an emissions baseline that, for the purposes of the Finkel Review, was modeled using 0.6 tonnes of carbon per megawatt hour.

While it’s prompted dissent in some parts of the government because it points investment incentives away from coal-fired electricity, the scheme has been welcomed by others because it’s essentially technology neutral.

That’s prompted some to call for the government to consider investment in nuclear energy, and Mr Howell is one of them. …..

But Shortland MP Pat Conroy says nuclear isn’t an option because it’s too expensive.

“One, it would take 15 years to build up a nuclear industry and secondly, the levelised cost of energy for nuclear is well above the cost of renewables,” he told reporters in Canberra on Wednesday.

“Leaving aside the environmental implications, if you want to get cheap energy in this country that’s reliable, you need to invest in renewables.”

NSW Deputy Premier John Barilaro has previously called for a debate about introducing nuclear energy to the state’s energy mix, and on Thursday Port Stephens MP Kate Washington accused the Nationals of wanting “to discuss any energy alternative except renewables”.


June 16, 2017 - Posted by | AUSTRALIA - NATIONAL, politics

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