Australian news, and some related international items

Malcolm Turnbull says renewables plus storage are cheaper than coal and nuclear for new power generation. Is he correct?

RMIT ABC Fact Check  ABC News, 11 Sept 19,  “……  Former prime minister Malcolm Turnbull chipped in to the debate with a recent tweet claiming: “The bottom line is renewables + storage are cheaper than new coal let alone the loopy current fad of nuclear power which is the current weapon of mass distraction for the backbench.”

Is new generation from renewables plus storage cheaper than new coal or nuclear generation? RMIT ABC Fact Check investigates.

The verdictMr Turnbull’s claim is a fair call.

There is some uncertainty around cost estimates for different power generation technologies.

Under current policy settings and economic conditions, it is generally cheaper to produce electricity from wind or solar sources than it would be using a new coal or nuclear plant, with or without “storage”……

The best available data suggests that under current conditions, nuclear energy would not be a cheaper source of electricity than renewables, as Mr Turnbull points out……….

September 12, 2019 - Posted by | AUSTRALIA - NATIONAL, energy

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