Nuclear energy is more expensive than renewables, CSIRO report finds::Renewable energy provides the cheapest source of new energy for Australia, a new draft report from the CSIRO and energy market operator has found.
Nuclear energy is more expensive than renewables, CSIRO report finds::Renewable energy provides the cheapest source of new energy for Australia, a new draft report from the CSIRO and energy market operator has found.
Energy generation that works most of the time is more expensive than energy generation that only works some of the time, big surprise. Mason problem is that we need energy all the time and currently can’t store it on a grid level.
There are tons of options for that, mainly energy storage such as batteries, hydro, and green hydrogen. Nuclear is not needed and too expensive among other things.
Hydo is limited in where it can be used and where it can be used if often already is. Batteries can’t yet provide a grid level base load. I don’t know much about green hydrogen but there’s usually a loss of energy when converting from one medium to another.
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