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ACCC bells the cat on electricity : Comments
By Graham Young, published 16/7/2018The 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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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.