Antinuclear

Plunging cost of solar batteries ensures renewables remain lowest cost option for Australia, CSIRO says

 The plunging cost of battery storage has ensured that integrated
renewables remain the lowest new build generation option for Australia,
while the western world’s first small modular reactor contract has
confirmed the CSIRO’s view that nuclear is by far the most expensive.

The final version of the 2024/25 CSIRO’s GenCost report has been released on
Tuesday and once again confirms – despite the extraordinary attacks from
critics over the last few years – that integrated renewables is easily
Australia’s best option as it looks to replace its ageing and heavily
polluting coal fired generators. This is despite inflationary pressures on
civil construction works, and the additional costs of worker camps for
large wind projects that have been included in its calculations for the
first time, adding around 4 per cent to the costs of wind energy.

 Renew Economy 29th July 2025, https://reneweconomy.com.au/plunging-cost-of-solar-batteries-ensure-renewables-remain-lowest-cost-option-for-australia-csiro-says/

July 31, 2025 - Posted by Christina Macpherson | energy