Nuclear Power Wouldn’t Be a Cost-Effective Solution for Australia ...Middle East

OILPRICE - Economy
Nuclear Power Wouldn’t Be a Cost-Effective Solution for Australia
source : OILPRICE ( Middle East ) () 63
The possibility of Australia using nuclear power for the first time would not have any advantages over other technologies, as similar costs savings could be achieved with renewables even if they have to be built twice over a long-term period, according to Australia’s national science agency. The Commonwealth Scientific and Industrial Research Organisation (CSIRO) issues each year a report on generation costs, the so-called GenCost report, in collaboration with the Australian Energy Market Operator (AEMO) and industry stakeholders. This report…

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