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Georgia on my mind : Comments
By Geoff Carmody, published 22/5/2024A new, large-scale, water-cooled nuclear reactor has just come on line in Georgia, USA. It took years longer to build than initially planned.
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According to Albo's green manufacturing vision Australia is supposed to have all this heavy industry and value adding running on wind and solar. In contrast I think when the subsidies run out existing industries will shut down. Increasingly China will make more of our materials-supplied steel and aluminium but the emissions won't be on our books.
The renewables-are-so-cheap lobby has failed to explain why unrebated power prices have gone up 40% since 2022. Or why France has the cheapest and cleanest electricity in Europe. However I think prefabricated SMRs are the way to go for Australia not the gigawatt monsters of France and the US.