Renewables continue to be the cheapest new-build electricity-generating technology, while nuclear power is around twice as expensive and has “no unique cost advantages” from its long operational life, despite the claims of nuclear power advocates.
This is according to the CSIRO, which on Monday released the draft of its new GenCost report, an annual forecast of the electricity generation costs used by policy makers and infrastructure investors.
The latest version of GenCost again casts doubt on the economic viability of nuclear power over alternatives, even after examining advocates’ claims of long-term operational and high-capacity benefits.
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The liberals ought to be ashamed of their nuclear salesmanship in the face of solid economic evidence to the contrary.
One asks why?
Perchance,
does Gina Rhinehart have any interest in Uranium ?
does she have the contacts in the Liberal Party and the finance to create this political agenda?
Perplexed