Kerry Schott: why new coal or nuclear plants are a dumb idea
Mark Ludlow AFR, 7 June 22, ”…………………………………………It seems whenever there is an energy crunch or crisis, supporters of a nuclear industry say it would be the solution to Australia’s energy woes? Do you think nuclear will ever be an option in Australia?
My view of it, at the moment, is it’s a price thing. The last plant the English built cost an enormous amount of money. It’s much more expensive than coal.
It’s the cost of building the plant and dealing with the waste. Once up and running it’s not too bad, but the capital costs and the operating cost of dealing with the radioactive waste is a problem.
If you’re in the UK or France you have a population of 50 million. We don’t have that many people.
And the small-size modular plants they talk about are not being built because they are expensive.
Having gas as a standby is far cheaper. And nuclear, like coal, has to run all the time.
You still have the problem that it’s producing radioactive waste and not being dispatched.
Any other solutions to smooth out the bumps in the transition to a low-emissions economy?
The other thing we need is more transmission. To get prices down you need more zero-cost power, which is the wind and the sun. So, you need more of that in and need more transition.
Yes, there is a cost of transmission, but it’s bringing in many gigawatts of renewable energy at zero cost. So net-net, it’s a benefit.
The danger of building too much transmission is very slim because it takes ages to build it for starters. If anything, we’re lagging in the race rather than getting ahead of it…………………………… https://www.afr.com/companies/energy/kerry-schott-why-new-coal-or-nuclear-plants-are-a-dumb-idea-20220607-p5arru
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