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The Forum > General Discussion > The great renewable energy paradox

The great renewable energy paradox

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"ALbo promised we would have cheaper power in 2025, as long as finances roll in as planned with out interruption from those not in power."

Thanks doog. South Australia is currently paying nearly $10,000 per megawatt, so I hope that Big Brother keeps his promise for once. Hey, down to $4,000 already! Thank you Big Brother, source of all wisdom.

https://aemo.com.au/en/energy-systems/electricity/national-electricity-market-nem/data-nem/data-dashboard-nem
Posted by Fester, Sunday, 28 July 2024 7:34:56 PM
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Don't know what page you are looking at, probably one written by Dutton
ELECTRICITY PRICE AND DEMAND
Spot Price (30min)
$45.00/MWh
Scheduled Demand (30min)
7,710.71 MW
Forecast Spot Price (Pre-dispatch)
$56.00/MWh
Scheduled Demand (Pre-dispatch)
7,649.20 MW
FOR NSW
Some states go into negative spot pricing, and getting more common every month that passes. TO much renewables in the grid.
new costings every 30 mins.
Bad news for some.
Posted by doog, Monday, 29 July 2024 11:13:28 AM
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"Don't know what page you are looking at, probably one written by Dutton"

No, AEMO, and it got up to nearly $13,000 per megawatt.

https://aemo.com.au/en/ehttps://aemo.com.au/en/energy-systems/electricity/national-electricity-market-nem/data-nem/data-dashboard-nemnergy-systems/electricity/national-electricity-market-nem/data-nem/data-dashboard-nem

I don't care where things come from. What matters is that they are factual and work. Wind and solar are represented as the cheapest sources of energy, so it makes no sense for prices to be rising with their roll out.
Posted by Fester, Monday, 29 July 2024 9:21:06 PM
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AEMO does not sell power, they generate power, to buy power you have to buy on the spot price market. Which varies every 5 minutes. Each state has it’s own market. Which is supply and demand. The more sunshine and wind in the grid the lower the spot price, We are doing very well being the middle of winter. In summer all markets will be in negative figures / KwH. That will not effect your electric bill because you pay what your retailer says so.
Yesterday QLD was being sold in negative figures of -32c /KwH It is not the generation of power that sets the retail costings, it's the spot buying + your power provider. Get a cheaper one.
Posted by doog, Tuesday, 30 July 2024 10:20:51 AM
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1 A SMR costing
This bloke just double crossed himself. What has wiring to the house got to do with solar.
There is nothing to base any costings on as the US has abandoned work on an SMR because the buyers have pulled out after rising costs. [ Westinghouse]
Canada will not start on a SMR until 2030

There is no costings because work on the first 300 MwH reactor has been abandoned as buyers have pulled out because of rising costs.
Who would buy an untested machine any way. I mean for years.
Posted by doog, Wednesday, 31 July 2024 11:18:44 AM
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1 A transmitting
Total electricity generation in Australia remained steady in 2023 with an estimated 273,106 gigawatt hours (GWh) generated. Renewable sources contributed an estimated 95,963 GWh, making up 35% of Australia's total electricity generation, up 3 percentage points on the share in 2022.23 Apr 2024
Australia would need 25 nuclear reactors to meet a third of its electricity needs by 2050, according to the Australian Government. These nuclear reactors would be built near our coasts and major population centres to be close to water and markets.
Nuclear energy has the highest estimated capital costs of any energy technology used in the United States. As of 2023, capital costs for nuclear power plants ranged between 8,475 and 13,925 U.S. dollars per kilowatt.24 No
Posted by doog, Saturday, 3 August 2024 8:20:37 AM
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