Solar and on-shore wind provide cheapest electricity and nuclear most expensive, CSIRO analysis shows

10 months ago 59

Estimates show small modular nuclear reactors would provide most expensive power and will not be available until 2030

Electricity generated by solar and on-shore wind is the cheapest in Australia, even after the significant expense of integrating them into the power grid are factored in, according to new analysis from the CSIRO.

Estimates of costs to build small modular nuclear reactors – a technology supported by the Coalition but not expected to be commercially available until at least 2030 – have risen dramatically and would provide the most expensive power, according to the draft GenCost report.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...
Read Entire Article