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#gencost

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Mark<p>“For the seventh year in a row, <a href="https://mastodon.online/tags/renewables" class="mention hashtag" rel="tag">#<span>renewables</span></a> have the lowest cost range of any new electricity generation”.</p><p><a href="https://mastodon.online/tags/energy" class="mention hashtag" rel="tag">#<span>energy</span></a> <a href="https://mastodon.online/tags/wind" class="mention hashtag" rel="tag">#<span>wind</span></a> <a href="https://mastodon.online/tags/solar" class="mention hashtag" rel="tag">#<span>solar</span></a> <a href="https://mastodon.online/tags/FossilFuels" class="mention hashtag" rel="tag">#<span>FossilFuels</span></a> <a href="https://mastodon.online/tags/nuclear" class="mention hashtag" rel="tag">#<span>nuclear</span></a> </p><p><a href="https://mastodon.online/tags/CSIRO" class="mention hashtag" rel="tag">#<span>CSIRO</span></a> <a href="https://mastodon.online/tags/AEMO" class="mention hashtag" rel="tag">#<span>AEMO</span></a> <a href="https://mastodon.online/tags/GenCost" class="mention hashtag" rel="tag">#<span>GenCost</span></a> <a href="https://mastodon.online/tags/auspol" class="mention hashtag" rel="tag">#<span>auspol</span></a> </p><p><a href="https://www.csiro.au/en/research/technology-space/energy/GenCost" target="_blank" rel="nofollow noopener" translate="no"><span class="invisible">https://www.</span><span class="ellipsis">csiro.au/en/research/technolog</span><span class="invisible">y-space/energy/GenCost</span></a></p>
CelloMom On Cars<p>"The CSIRO has rejected Coalition arguments that <a href="https://mastodon.social/tags/nuclear" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>nuclear</span></a> power plants could be developed in <a href="https://mastodon.social/tags/Australia" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Australia</span></a> in less than 15 years and that their long operating life would make them cheaper than other options.</p><p>Instead, it has again found that “firmed” solar and wind are the cheapest new electricity options."</p><p><a href="https://www.theguardian.com/australia-news/2024/dec/09/csiro-refutes-coalition-case-nuclear-is-cheaper-than-renewable-energy-due-to-operating-life" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/australia-news</span><span class="invisible">/2024/dec/09/csiro-refutes-coalition-case-nuclear-is-cheaper-than-renewable-energy-due-to-operating-life</span></a> <br><a href="https://mastodon.social/tags/GenCost" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GenCost</span></a></p>
Bin Chicken 🗑𓅠<p>One Big Chart: how does the cost of nuclear power compare to renewables?<br><a href="https://www.theguardian.com/news/ng-interactive/2024/may/24/nuclear-power-australia-liberal-coalition-peter-dutton-cost" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/news/ng-intera</span><span class="invisible">ctive/2024/may/24/nuclear-power-australia-liberal-coalition-peter-dutton-cost</span></a></p><p>The chart in this article illustrates the "bang for buck" for electricity generation options. Unsurprisingly, renewables come out ahead, fossil fuels come in the middle, and nuclear is the worst. Don't take my word for it; this comes from scientists who've been working on it for decades at the CSIRO. Another takeaway: don't take Peter Dutton's word for it, either.</p><p><a href="https://rants.au/tags/AusPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AusPol</span></a> <a href="https://rants.au/tags/PeterDutton" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PeterDutton</span></a> <a href="https://rants.au/tags/FossilFuel" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FossilFuel</span></a> <a href="https://rants.au/tags/Wind" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Wind</span></a> <a href="https://rants.au/tags/Solar" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Solar</span></a> <a href="https://rants.au/tags/Renewables" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Renewables</span></a> <a href="https://rants.au/tags/RenewableEnergy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RenewableEnergy</span></a> <a href="https://rants.au/tags/Nuclear" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Nuclear</span></a> <a href="https://rants.au/tags/NuclearPower" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NuclearPower</span></a> <a href="https://rants.au/tags/SMR" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SMR</span></a> <a href="https://rants.au/tags/SmallNuclearReactors" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SmallNuclearReactors</span></a> <a href="https://rants.au/tags/GenCost" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GenCost</span></a> <a href="https://rants.au/tags/CSIRO" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CSIRO</span></a></p>
Andrea Leong<p><a href="https://mastodon.au/@WePlanetAus/112482408946509746" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">mastodon.au/@WePlanetAus/11248</span><span class="invisible">2408946509746</span></a></p><p>The new version of CSIRO's <a href="https://aus.social/tags/GenCost" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GenCost</span></a> report is out, and for the first time, it includes estimates for the cost of large-scale <a href="https://aus.social/tags/nuclear" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>nuclear</span></a> as a power source! </p><p>The addition is very welcome, and poses the question: What can we do today to put ourselves in the best position if we choose to add nuclear to our energy mix in the future?</p><p>--</p><p>Previous GenCost reports estimated that the cost of generating electricity from small modular reactors (SMRs) would be five times greater than for renewables. Pretty spenno.</p><p>The new GenCost report estimates that the cost for large nuclear reactors is 𝘵𝘸𝘪𝘤𝘦 that of renewables.</p><p>"Twice? That's still a lot more!"</p><p>It is, but the GenCost report assumed that these large reactors would pay off their capital costs over 30 years, while noting that assuming a period of 40 years would reduce the cost of electricity from these reactors.</p><p>(For reference, many current nuclear power plants have been running for longer than 40 years, with a few over 50 years old. Most in the US are licenced to run for 60 years, and a few for 80 years.)</p><p>More than that, though: this edition of GenCost signals an end to the authors' out-of-hand rejection of large-scale nuclear — a normal source of low-emissions energy that provides 10% of the world's electricity.</p>
Auscandoc<p>“The <a href="https://med-mastodon.com/tags/GenCost" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GenCost</span></a> report considered the cost of new energy <a href="https://med-mastodon.com/tags/generators" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>generators</span></a> — including small modular reactors but not large nuclear power plants — both with and without associated "integration costs" such as transmission and storage.</p><p>It found that even when those integration costs were taken into account, the cost range for variable <a href="https://med-mastodon.com/tags/renewables" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>renewables</span></a> was still the lowest of all new-build technologies, with small modular nuclear reactors and hydrogen peaking plants the most expensive.” <a href="https://aus.social/@llament/112101355062830945" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">aus.social/@llament/1121013550</span><span class="invisible">62830945</span></a></p>
:rss: Hacker News<p>Nuclear energy is more expensive than renewables, report finds<br><a href="https://www.abc.net.au/news/2023-12-21/nuclear-energy-most-expensive-csiro-gencost-report-draft/103253678" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">abc.net.au/news/2023-12-21/nuc</span><span class="invisible">lear-energy-most-expensive-csiro-gencost-report-draft/103253678</span></a><br><a href="https://rss-mstdn.studiofreesia.com/tags/ycombinator" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ycombinator</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/CSIRO" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CSIRO</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/GenCost" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GenCost</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/Nuclear_Energy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Nuclear_Energy</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/Renewable_energy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Renewable_energy</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/Wind_power" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Wind_power</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/Pumped_Hydro" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Pumped_Hydro</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/Energy_transition" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Energy_transition</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/AEMO" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AEMO</span></a></p>
:rss: Hacker News<p>Nuclear energy is more expensive than renewables, CSIRO report finds<br><a href="https://www.abc.net.au/news/2023-12-21/nuclear-energy-most-expensive-csiro-gencost-report-draft/103253678" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">abc.net.au/news/2023-12-21/nuc</span><span class="invisible">lear-energy-most-expensive-csiro-gencost-report-draft/103253678</span></a><br><a href="https://rss-mstdn.studiofreesia.com/tags/ycombinator" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ycombinator</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/CSIRO" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CSIRO</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/GenCost" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GenCost</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/Nuclear_Energy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Nuclear_Energy</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/Renewable_energy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Renewable_energy</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/Wind_power" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Wind_power</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/Pumped_Hydro" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Pumped_Hydro</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/Energy_transition" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Energy_transition</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/AEMO" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AEMO</span></a></p>