Australian news, and some related international items

News Corpse comes out with a weird pro nuclear ramble

(salient bits of the long, rather weird ramble)

The nuclear energy option   A new paper undermines the claim it’s more about culture wars than electricity generation. THE AUSTRALIAN , By GRAHAM LLOYD , 4 July 19,   “……….. A discussion paper prepared for the union-backed Industry Super Australia provides a blueprint for patient capital in the energy sector.

……….The view globally is that nuclear power provides the best emissions-free hedge against a failure of renewables to satisfy more than about one-third of a nation’s energy requirements.

Ed. the view globally –   whose view exactly?

The Prime Minister is being urged to give his blessing to a review of the potential for nuclear energy in Australia.

Queensland MPs Keith Pitt and James McGrath have proposed terms of reference for an inquiry that will review advances in nuclear energy including small nuclear reactors and thorium.

The NSW parliament will conduct its own review.

One Nation MLC Mark Latham has legislation before parliament to legalise uranium mining and nuclear facilities.

“The climate change challenge is real but a renewables fetish can’t solve it,” he says.

NSW Deputy Premier John Barilaro has called for a national vote to end the ban and says the northern cities of Tamworth or Armidale could be the site of a new nuclear power station.

Scott Morrison says he won’t oppose nuclear if the economics stack up but no one is offering to build a reactor in Australia.

Advocates of the nuclear option are playing a long-term game.

In April, OECD Nuclear Energy Agency director general William Magwood made his first official visit to Australia. He met the energy ministry, the Australian Safeguards and Non-proliferation Office, the Australian Radiation Protection and Nuclear Safety Agency, the Australian Nuclear Science and Technology Organisation and the Energy Policy Institute of Australia……

Magwood’s discussions highlighted uranium resource issues but also focused on NEA analyses related to the decarbonisation of electricity systems and radioactive waste management.

While Australia has no plans to build nuclear plants, in 2016 the country joined the Generation IV International Forum, for which the Nuclear Energy Agency acts as technical secretariat.

Ed note: Let us not forget that nuclear industry law-unto-himself Dr Adi Paterson signed Australia up to this with no Parliamentary discussion and no government authorisation . A month later a senate committee ratified this – still no parliamentary discussion, despite the fact that Australa has laws against constructing nuclear reactors.

Magwood’s talks with Australian authorities included the latest research and development on advanced nuclear systems………

One of the themes of the discussion paper is that mainstream thinking on the energy market may be misleading in many areas…….Ultimately, there is the prospect that some wind and solar projects themselves may become stranded assets.

The problems of intermittency are at the heart of global concerns. Federal Energy Minister Angus Taylor is trying to address the issue with a reliability obligation for generators………

nuclear has advantages that intermittent sources of energy cannot provide.

And a recent OECD report assesses the levelised cost using a 3 per cent interest rate at $US100 per megawatt hour for commercial solar, $US70 per megawatt hour for onshore wind and $US50 a megawatt for nuclear………..

Ed. note. Really – source?

Australia lagging

It was noted that Australia is one of the few First World economies without nuclear power and experience in managing a nuclear plant…….

Ed note.  Along with Austria, Denmark, Greece, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malaysia, Malta, New Zealand, Norway, Philippines, and Portugal. Belgium, Germany, Spain and Switzerland are phasing-out nuclear power

Not considering nuclear puts Australia in the minority of First World economies. It is also lagging several Second and Third World economies in our region and elsewhere such as Argentina, Mexico, Bangladesh and Turkey and geographical neighbours such as ­Indonesia and Vietnam…….

Based on the Tesla battery in Adelaide, achieving 1½ days’ energy storage would cost $6.5 trillion, enough to build about 1000 nuclear reactors.

For household batteries, it would cost about $US7000 per household every 10 years to provide back-up for 36 hours……..

One important step would be to build some capacity to operate a nuclear facility.

This would provide insurance against failure in alternative options or rapid change in technology.

It says a single reactor would be a relatively small investment.

Ed note:  really?

July 4, 2019 - Posted by | AUSTRALIA - NATIONAL, media, politics

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