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The Forum > Article Comments > Which is cheaper: nuclear or renewables? > Comments

Which is cheaper: nuclear or renewables? : Comments

By Graham Young, published 29/9/2023

Net Zero Australia predicts capital costs for the renewable transition will be $9 trillion by 2050, and $1.5 trillion by the end of the decade.

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Here's the thing.

Our system of power reticulation comes with transmission line losses of around 11% and distribution losses around 64%. that's a grand total of 75%. 75% which the mug consumer, i.e., you, pays for.

And equally applicable to wind and solar farms. Which by the way, to be applicable as domestic or industrial supply will need ginormous battery or pumped hydro backup.

The very least economies of scale solar farms can reticulate power to the user is not less than 6 cents PKWH! And with battery or pumped hydro backup Not less than 24 cents PKWH!

And that's before one factors in the operator's markup, the wholesaler's markup and the reticulator's markup. The latter, whatever the market can bear!

If you can afford a rooftop solar array and battery backup. The savings to you make currently viable and more reliable.

That said, nothing comes close to locally placed SMR, because folks, if one is 200 feet under your road most if not all powerline and distribution losses that you pay for are eliminated.

Even more so (6 cents PKWH) if it's a MSR thorium (3 cents PKWH) or better yet nuclear waste burning MSRs, burning nuclear waste we are paid annual millions to take! and in the process reduce the half-life to around 300 years!

The last option would create virtually free power for any and all industrial applications and if accompanied by genuine and logical tax reform, i.e., a flat tax of around 15% and no tax compliance costs, which averages 7%.

Tax reform and compliance costs as proffered saves, industry/business around 5% on the lowest tax with attached compliance costs by around 5% in actual money currently returned annually to the ATO.

If we do all the above? We'd likely be killed in the stampede to relocate manufacturing facilities/business operations here! TBC
Alan B.
Posted by Alan B., Friday, 29 September 2023 11:25:22 AM
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ttbn. Coal (3 cents PKWH) was cheaper than nuclear (6 cents PKWH) by half. That's not the case today. Coal fired power is as high as 58 cents PKWH and rising?

PKWH currently and nuclear as locally placed SMR can get power to you for as little as 7-8 cents PKWH, if one assumes it would via a cooperative or smart local council venture.

Or if it's MSR thorium as low as 3cents PKWH, again as a cooperative or council venture. Who if intelligentially managed, would also sell on easy as, terms to you, air conditioners, electric heaters and all conceivable labour-saving electric appliances!

Suggest you try talking from a little higher up next time or on a topic you have some actual knowledge of!
Alan B. Former power authority science assistant employee.
Posted by Alan B., Friday, 29 September 2023 11:45:09 AM
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Decisions based on an ideological imperative are usually the very worst and for labor/woke left, comparable to opting for, coalfired or solar panel powered submarines?

Well, who thinks they're thinking with their heads rather than their dicks/vacuum between the ears?
Alan B.
Posted by Alan B., Friday, 29 September 2023 11:53:45 AM
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Just realised that when Bowen talks of renewables, he means just that;
You renew them every 20 years or so.
It will take 25 years to implement his "plan" by which time it will
be time to renew them all.
Posted by Bezza, Friday, 29 September 2023 2:44:37 PM
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Bezza: Exactly! Whereas nuclear can run for 100 years as MSR thorium before needing decommissioning and replacing.

Just 8 grams of thorium has enough realizable energy to power your house your car and all your other needs, for 100 years.

The cost of mining and refining 8 grams of thorium? Around $100.00. That my friend is just $1.00 a year!

No renewable or coal or gas fired energy comes within a mile/a bull's roar of thorium's true, but deliberately unrealised potential.

Because, if we used the brains we were born with, our economy would already be a thorium fired one. And the world's largest!

And were that the case, no renewable or coal or gas would get a look in and all the energy barons and Putin's Russia would go bankrupt. As would big nuclear.

Moreover, big pharma would find most of its profits from the cancer industry would all but disappear!

So, we have all three of these ultrapowerful industry heavyweights lined up with their political lobbyists, lined up against thorium.

Our own government has for years treated thorium as a waste product of mining and have allegedly tried dumping it offshore/Malaysia.?

Forest Gump would have summarized our government's actions as, stupid is as stupid does.
Alan B.
Posted by Alan B., Saturday, 30 September 2023 11:03:05 AM
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Albanese Labor is taking down the economy by imposing higher renewable requirements and increasing power prices.

Albanese Labor has made an unremitting assault on the settings that drive increased productivity levels. The electorate has been bribed into accepting - or they are just not noticing - the damage Albanese Labor is doing to them and Australia.
Posted by ttbn, Saturday, 30 September 2023 11:18:21 AM
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