The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
The Forum - On Line Opinion's article discussion area



Syndicate
RSS/XML


RSS 2.0

Main Articles General

Sign In      Register

The Forum > Article Comments > A qualitative assessment of the economics of renewable energy > Comments

A qualitative assessment of the economics of renewable energy : Comments

By Charles Hemmings, published 3/11/2023

The problem is the underlying assumption of the LCOE calculus – so obvious that it was never stated – was that any given power plant would run when needed and not run when not needed.

  1. Pages:
  2. 1
  3. 2
  4. Page 3
  5. 4
  6. 5
  7. 6
  8. All
If AEMO and CSIRO have used LCOE as methodology the results are invalid. Refer to the author's first paragraph. As my retail bills are going up, renewables are increasing the cost of electricity. There is no wriggle room in that nor any excuse.
Posted by Chuckles, Saturday, 4 November 2023 7:03:37 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
The greens are full of it! Their hidden agenda is to make energy too dear for industry. And that's why they back renewables and not carbon free dispatchable base load nuclear! That's less polluting than solar panels! And as MSR thorium at least 8 times cheaper as the bare minimum
Alan B.
Posted by Alan B., Saturday, 4 November 2023 10:44:39 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
WTF?

Chuckles makes a big call claiming that CSIRO results are invalid and refers us back to the author.

The author suggests that the LCOE metric is invalid for use with renewables and Chuckles thinks that this invalidates CSIRO findings.

Yet the CSIRO in its GenCost 2021-22 Final Report states: “The LCOE is estimated on a common basis for all technologies with one exception. An additional process is undertaken to calculate the integration costs of variable renewables.”

CSIRO states: “LCOE is a simple screening tool for quickly determining the relative competitiveness of electricity generation technologies. It is not a substitute for detailed project cashflow analysis or electricity system modelling which both provide more realistic representations of electricity generation project operational costs and performance.

CSIRO identifies a number of problems with using the LCOE such as “LCOE does not take account of the additional costs associated with each technology and in particular the integration costs of variable renewable electricity generation technologies.”

The CSIRO goes into length about how it address these issues – maybe this is the transparency that the author seeks?

As well as that “Modelling studies such as AEMO’s Integrated System Plan do not require or use LCOE data.”

A simplistic and outdated use of the LCOE metric does not advance a discussion about energy much at all – best to stick with information from the CSIRO and Chuckles’ preferred reference -the AEMO,
Posted by WTF? - Not Again, Sunday, 5 November 2023 7:49:42 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Small Modular reactors can be placed where needed
Alan B,
I have long said that if they can power high tech floating communities of 7000 plus or, as the Russians have been doing for yonks, powering remote communities with ex nuclear aircraft carriers then we can do it here.
Small nuclear (your Thorium ?) power plants that can be controlled in emergencies rather than large plants that can not be controlled i.e. Chernobyl & Fukushima.
Are the stumbling blocks here the politicians or the un-cooperating voters who want everything for nothing ?
Posted by Indyvidual, Sunday, 5 November 2023 8:41:39 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
The only way we shall EVER become a sustainable society is when global population becomes sustainable.
And that is NEVER likely to happen. Humanity is breeding itself out of existence.
Posted by ateday, Sunday, 5 November 2023 9:16:50 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Humanity is breeding itself out of existence.
ateday,
Yes, because of so many hypocritical exploiter do-gooders who've had it too good for too long !
Posted by Indyvidual, Sunday, 5 November 2023 10:12:36 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
  1. Pages:
  2. 1
  3. 2
  4. Page 3
  5. 4
  6. 5
  7. 6
  8. All

About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy