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The Forum > Article Comments > ACCC bells the cat on electricity > Comments

ACCC bells the cat on electricity : Comments

By Graham Young, published 16/7/2018

The ACCC Electricity supply and prices inquiry final report is a tacit acknowledgement that current strategies for CO2 abatement will not work at an affordable price.

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Electricity sector emissions were 184 Mt in both 2001 when the RET began and 2017 when Hazelwood closed. I'm fairly sure spruikers were predicting a steady decline that would handle population growth, air conditioning, electric transport and so on. They keep saying how cheap wind and solar are getting yet power bills go up and subsidies get extended. Time to call b.s. on the renewables fantasy.

According to an SA state govt blurb uranium from Olympic Dam and Four Mile powers 22 gigawatt years of overseas nuclear. Times 8.76 that is 193 Twh. Australia uses about 257 Twh according to the last Energy Update. That nuclear is light water reactors using enriched uranium. Australia should cut a deal for enrichment but reprocess the fuel here and bury the leftovers in the outback.

Meanwhile serious minded people tell us we can do it all with batteries and pumped hydro despite the current insignificance of those technologies. We must start asking if we're being led up the garden path.
Posted by Taswegian, Monday, 16 July 2018 8:59:47 AM
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Thanks for that, Graham. Read it in The Spectator yesterday.
Posted by ttbn, Monday, 16 July 2018 9:44:57 AM
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does not take endless reviews and more wasted money to see that the fraudulent gw industry has pushed electicity prices to ridiculous levels. Do away with handouts to 'renewables' and bring some sanity back to this country. How we need a Trump!
Posted by runner, Monday, 16 July 2018 10:17:45 AM
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Educated, erudite, cogent article Graham. Look, if we compare same with same, with the only difference being the fuel and MSR and a traditional light water reactor. The latter will need years to build and at enormous expense due to the fact these things operate at around 150 atmospheres.

Whereas an MSR is entirely unpressurised. Second of all is the amount of fuel needed. A solid fuelled light water 350MW reactor will need around2551 tons of fuel during a thirty-year operational life. burning less than 1%, with the rest 2550 nuclear waste.

The thorium-powered MSR will burn around one ton during the same period leaving around 1% as far less toxic waste eminently suitable for long life space batteries. These things can be mass produced and factory built and trucked virtually anywhere to operate in far less costly microgrids.

And where the build savings, transmission and reclaimed distribution losses; and massively cheaper fuel.

Could mean power costs per KwH as low a cents.

And use that to massively turbocharge or faltering manufacturing with the cleanest, safest cheapest electricity in the world. and just let the subsequent economic growth take care of revenue shortfalls and the deficit.

And where coal can then be tasked utilising waste heat to provide import replacing liquid transport fuel and gas for the next 700 years! Why ask for a scientific opinion if it's going o be ignored!?

Finally, Bismuth 213 a cancer miracle cure is the product of U233 and that my friend only comes from thorium. And proved in European trials 2006 too be efficacious against stage four ovarian cancer. We've had this stuff for half a century and known for nearly as long that it could cure some cancer if attached to an appropriate cancer antibody.

Yet the death toll for ovarian and or brain cancer remains stubbornly higher than our annual death toll.

Why?

So some of the richest folk can get a few pennies richer!?

All while our economy and others go to hell in a handbasket, killed by energy prices few can afford!
Alan B.
Posted by Alan B., Monday, 16 July 2018 11:48:55 AM
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//Yet the death toll for ovarian and or brain cancer remains stubbornly higher than our annual death toll.//

O... kay.

Maths. Why don't they teach maths at these schools?
Posted by Toni Lavis, Monday, 16 July 2018 11:57:00 AM
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Footnote. Where SAFE nuclear waste burning is included, MSR's can't be underestimated! Is their role as unpressurised and safest in the world, walk away safe, cleanest carbon-free and cheapest electricity in the world. (ivy league professor and economist, Robert Hargreaves) In fact, given the annual billions, we could earn doing this, we might even have to pay some folk to use it?

Like, say, Hospitals and schools?

Further savings and for all time, are available if these things were rolled out as government facilitated and financed, free market, private enterprise co-ops.

Without question, that finance could come from the sale of self-terminating thirty-year government-guaranteed infrastructure bonds.

The only thing preventing any of this, is government intransigence and a few die in a ditch first, recalcitrants? With, I believe, a completely overpowering, personal power first, agenda?
Alan B.
Posted by Alan B., Monday, 16 July 2018 12:15:42 PM
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