The Forum > General Discussion > The shame of Australia's Olympic medal haul
The shame of Australia's Olympic medal haul
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I was hoping my last response would provoke something that would give us a bit of a reset. So, rest assured that my failure to cite reasons was not done in the hopes that you’ll just take my word for it in an absence of any actual reasons, but to instead inspire a challenge from you. My reasons were the:
- technological advancements in energy storage, grid management, and renewable technology efficiency;
- economic diversification and resilience from the creation of new industries and job opportunities;
- long-term cost benefits of savings from reduced fuel costs and maintenance, and reduced environmental and health-related expenses;
- regulatory pressures and consumer demand resulting from countries and corporations increasingly committing to renewable energy.
Beyond the initial construction costs, nuclear power requires significant ongoing expenses for fuel, waste management, safety measures, and the eventual decommissioning of plants.
France and Ontario are dealing with significant ongoing expenses related to maintaining and upgrading their nuclear infrastructure. The costs of extending the life of existing plants in France have ballooned, and Ontario’s Marxist subsidies for nuclear power are a major factor in keeping their prices down.
The cost of renewables, on the other hand, has been steadily falling. Renewables can also be deployed faster. With no fuel to buy and minimal maintenance, they're also cheaper.
The rises in electricity prices - before you ask - are due to the integration of renewables, along with increases in global fuel prices, and ageing fossil fuel infrastructure.