Almost 50% of Australia’s electricity is now generated from renewables
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- Опубліковано 18 вер 2024
- Almost 50% of Australia’s electricity is now generated from renewables
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#australia #renewableenergy #solarenergy #windturbine
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The best solar company in Australia just installed my new solar system.
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Yesterday early afternoon 69%of the national energy market was renewables, NSW was 74%, South Australia was 126.4%, all 5 states had spot prices negative
@@spikegumby7186 irrelevant.
@@robertfonovic3551 Fossil fuels will increasingly become irrelevant, yes.
@@robertfonovic3551this is a video about electric generation in Australia, so a comment about electric generation in Australia is relevant.
I live in a jungle north of Sydney. No solar panels. However, new portable batteries have allowed me to time shift all of our electricity to the off peak rate on our time-of-use grid. Plug and play. Everything is on WiFi, so I can see instantly how it's all working. I'm shocked at how easy it's all becoming.
Australia can make most of their deserts green, with solar. If you block out some sun with solar, you can grow plants underneath. This will make Australia a power house in agriculture.
True.❤👍
You need water, too.
Not quite that simple. But with a few extra complicated steps and technologies, yes.
search for Agrivoltaics. Sheep are #1 for grounds maintenance. They can be rotated too, and produce wool + meat. If you already have a couple of border collies, you are set
It will make it even hoter, but yes with enough water....
Australia gets a 12.000 hectare Solar Field near Darwin.👍👍👍❤️❤️❤️
It won't happen.
It's an awesome project. Environmental approval recently achieved. Each step is getting ticked off one after the other.
The Sun Cable project and the Xlink Morocco-UK Energy Project will be the pioneers in internationl HVDC grid systems. Outstanding.
@@robertfonovic3551 it is happening. In Nederland we have now 3 million Houses Rooftop Solar. 6000 kWh average. 12 Panels. 18 Billion kWh Solar Rooftop means Money in the Pocket.🙂👍
The customers (Darwin's proposed 'green projects') do not exist yet.
And a 4200km cable to Singapore seems expensive, wasteful, and precarious.
IMO it's all hype for now, pie in the sky.
@@David-ee1pi You do understand how many cables already traverse the worlds oceans. Yes/No?
Just because you have an inability to conceptualise the realities, doesn't mean it is "pie in the sky". Plus what is your meat in the game anyway, why should it matter to the point you need to try and discredit the project?
We have a 8 year old, 8kw solar system, we power our pool pump and chlorination and 400 Litre Hot water tank and other small usage during the day.
Had a 3KW solar panel system. Original cost after government subsidies was $8500. Installed 2012. Totally failed in November 2023 after a massive lightning storm hit our yard. Insurance paid but refused to renew. New system wasn't exactly the same, so we lost the bonus feed in tariff. Totally sucks without battery storage.
l agree totally. Despite all the road blocks being put in the way, l am quite optimistic on our transition to renewables . Renewables are proven. Replacing spinning reserve with grid forming inverters is proven . Electric cars are proven and getting better every year . Running all our houses off solar and batteries is proven . lt's already over for fossil fuel generated electricity . Our biggest problem now is how we manage the backup issue smoothly as coal shuts down. We have the luxury of a bit of time but we really need to get on with the job asap.
@@billhill4479 I think It’s important a backup plan. Biomass should be in equation too. You could faze natural gas to a backup system and new technologies will bring up much more alternatives which increases resilience of the system. One misread of Alternative Energy is add new sources and technologies to strengthen robustness of the system and be less dependent on certain countries
Put some floating solar over those pumped hydro reservoirs... gain some efficiency.
We don't want fantasy we want cheap electricity and preserve how habitats for the NT wildlife.All those solar panels are ugly and won't last long.What are you going to do with all the useless material that isn't recyclable?Associated toxic chemicals could ruin the groundwater and there goes our precious ecosystems. The NT environment is delicately balanced and dependent upon the monsoon rains.Invasion with all this infrastructure will destroy in time.
I'm case you don't know, there's a phenomenon called wind...
@@lloydsingline340 The technology for floating solar is mature and will last 25 years. After that, the panels can be recycled. As long as the rise and fall of the water can be accounted for, the reservoir (and the adjacent land) is a perfect place for solar, since the transmission lines are already there. Which part do you think is fantasy?
@@lloydsingline340And get the beef cattle out while you are at it. They are not natural. And don’t take any water from the artesian basin, that isn’t natural. And did up all the roads because cars and natural. And get rid of the cars because they turn into hulking rust buckets. And get rid of the service stations because they pump dirty fossil fuels. And get rid of the aluminium mines and smelters because they make aluminium that makes solar panels. And then go back home to England.
Wow, that was a fast increase! 👍 But batteries are the next big step! Quick! Before the corrupt Coalition gets in again!
If you put solar on top of water reservoir too you can prevent evaporation
Hello Sam. I live in the ozarks in Missouri enjoy your podcast you are the man.. I drive a Tesla model 3 in self Driving Mode 99% of the time I'm 85 years old and it is a dream having this thing drive me around I believe it's 50 times safer for me to use this than drive myself. Keep up the good work buddy.
At this moment in the UK 68% renewable electricity generation. Year to date just over 38% renewables. Add in 15% home generated nuclear, 10% imported French nuclear and 4% imported Norwegian hydro and that's around 67% low carbon generation.
Nuclear power make sense for China, but not australia as we don't have any expertise in this area in terms of building and maintaining. If we are going that path, we would have to use European or the American companies due to our geopolitical all eggs in one basket approach, which is going to be extremely expensive to build and maintain them. It will be like Ankus, a huge financial disaster with very little to show for with decades of time and billions wasted.
Australia has lost its sovereignty to the US. China is currently constructing the first of many Thorium/liquidsalt reactors for backup power but Australia wants to re-invent the wheel under US direction.
You fool, Dutton said it is great for us, so it must be….. Just like the right honourable previous dickhead, sorry PM, in saying Coal is king. If we unwind the hype and look at who would benefit from promoting Nuclear? Would it be large utilities that would maintain their grip on the cost of electricity? No, I think I must be a complete Numpty thinking ill of politicians.
Five more Years Wait and See. Rooftop Solar. Solar on the Roof means Money in the Pocket.👍👍👍
Listening to Electric Viking, in 5 years, electricity will practically be free
@@donmcgimpsey1706 Solar is for Free. I have 12 years Rooftop Solar now.
@willeisinga2089 everything has a cost associated to it.
@@donmcgimpsey1706he talks crap
@@robertfonovic3551 solar is for Free.
"If you live within a 200km radius of a coal power plant, you're crazy"
Ahhh don't you live in Newcastle?! You're surrounded by three of them!!
Wow Sam 24Kw of Solar that is huge. Earlier this year I had Tesla install 7.29Kw of solar plus 2 Powerwall 3's and my electric bill went to $0 I have a 1.5Kw pool pump, air conditioning and Model Y house is 1,800 sq feet in Southern California.
What are you doing with all that solar generated electricity?
It is worth noting the transformation of feed in tarrifs coming over the next 12 months. 1.2c/kwh exported to be charged to solar owners between 10am and 3pm. Will push more people into batteries though
Australia has a lot of land, so on shore wind power makes more sense and is cheaper than off shore.
My country, the Netherlands, has hardly any unpopulated land and a large rather shallow sea and that's the main reason to build off shore wind farms as well.
I keep telling my dad that every time he fills the diesel tank and has to pay and solar would cut down the electric bill every month but he knows best 🤨
He doesn’t know best, keep telling him, one day he’ll realize you're right! 💪🏻
People get stuck in their ways, but wasting money every month can always be shown when you run the numbers
And so much of petrol and diesel is tax , here it’s 50% tax the price you pay at the pump
@@MrJaykay12345 still much cheaper after all the taxes on petrol and diesel.
Are u a grown man living at home 😂😂😂😂😂😂😂
As at 22-08-2024 (16.50) fuel supply type in Australia is Coal (60.00%), Gas (8.4%), Wind (13.7%), Solar (9.1%), Hydro (9.2%) and other 0.6%. (NEM data).
At 19:20, 22 August 2024, nowhere near 50% of electrcity is from renewables. In renewables vanguard South Australia, renewables - including batteries - are providing 168 MW, whereas gas is providing 1,442 MW.
Tony Seba rules!
according to recent sensitivity study in EU/CZ. Wind and followed by solar lowers the electricity price the most . Nuclear does not lowwer the price, it remains the same or goes up a bit.
Im a pessimist and even I can see what batteries are going to do to renewable energy, 5 years ago made it a no brainer to diy financially and since then it has just become cheaper and easier with the all in one inverter chargers you can get now, you pretty much just need to connect a few cables and turn it all on and it works. Its just a matter of time until it reaches a mass adoption tipping point when it gets cheap enough and fossil fuel options get more expensive. Keep getting shafted by corporate energy or become your own energy producer and power your own house and car for free forever.
A global net zero world in 10 to 15 years, seriously? Electricity is not the only form of energy, it's about 20% of a country's total energy consumption. If china keeps exporting cheap metals and PV modules, then the west should be able to pull this off (even though it's still going to be difficult).
My question is why curtail excess renewable power. Why not use the curtailed power to run a device that converts CO2 to O2? My understanding is the cost for the electricity would be free.
Or run data centres that can execute heavy computations around the world following excess solar energy. The ability to compute, currently limited by silicon and energy, will be the resource of the future...
That’s brilliant. That really should be a thing! Please invent this
Summer here in Spain.
Highest prices because in the afternoon nuclear, hydro and wind are not enough and have to burn gas.
Still no national storage policy, which could well be coupled with our solar thermal plants (and by the way, expand those).
But this is Spain and energy self suffciency is not a priority when you can buy Russian gas at premium prices.
people still seem to think Australian power is particularly dirty which is rediculous.
Have you seen the brown coal (lignite) that is being burnt in the Yallourn, Vic area ? It is some of the worst coal on the planet (only Germany's brown coal is anywhere close).
Great video mate cheers 👍
16million buildings in Australia.
20million vehicles
More buildings being built.
With 18million rooftop PV, with 7kw, is more than fossil maximum generation.
Just do the maths
Off shore is just more expensive GRID ELECTRICITY.
Sam talk about the cost of the GRID.
It is fragile because it is EXTREMELY EXPENSIVE.
Hello, hello 👋 hello anyone home???
Sam, I noticed the Solar Farms appear to be in a fixed position?.
For maximising Solar 'Intake' I thought they would have implemented that mechanasim where the panels would tilt and rotate to reap the maximum sunlight. Naturally, that would be an added cost to the Solar Farm Initiative.
It will also be of interest as to when electricity rates start falling, and in having said that, I think it's not going to happen anytime soon. 😥
Corporate Greed seems to be always floating about in the back ground......
Great Report, as always. 👍
It is cheaper to install more panels than it is to add tracking.
The figure shows the Australian electricity generation fuel mix in shares from 1996-97 to 2021-22 and calendar year 2022. Fossil fuels contributed 68% of total electricity generation in 2022, including coal (47%), gas (19%) and oil (2%). Coal’s share of electricity generation declined from 83% in 1999-00 while the shares of natural gas and renewables increased. Renewables contributed 32% of total electricity generation in 2022.
I think "electricity generation" is misleading term, because majority of power is used in peak periods where solar isn't helping all that much. What we really need to know is how much use full power is coming from renewables, I'll bet its a lot less than you'd expect.
169Twh for gas & coal vs 80Twh for solar & wind... Means G&C is still 2.11 times bigger than S&W, although it is shrinking every year. But it's still going to be a looooong time until S&W takes over completely IMO... As for being crazy for living less than 200km for a coal powered generator, that would cover all of Melbourne, and probably Sydney and Brisbane as well as your home town of Newcastle NSW... We are all doomed !!!
And now South Australia we still pay the highest price for power in the world.
11:50 For offshore wind, between the Tasmania and the mainland looks like a nice piece of sea.
True. There is already a giant offshore wind project (200+ turbines) under way near Sale, Vic.... Sam doesn't know everything.
Sam you currently live within a 100 KMs of several coal fired power stations and we won't mention a massive coal terminal within a stone's throw away 😮
Countries with large offshore wind do it because they don't have the land to put it onshore where it's cheaper.
We will get offshore wind farms but the low hanging fruit of locations are onshore.
While that's true, it overlooks a lot of other factors such as winds generally being more powerful over water than over land, and the hassles of dealing with NIMBYism. Everyone wants the benefits of windmills, but everyone wants to cry about them being visible from their properties, too. That severely restricts which places will end up actually getting wind turbines. Offshore avoids a lot of those NIMBY issues.
Most of Australia's population live near the coast (far away from the deserts where the solar should go) meaning no need to boil huge transmission links thousands of km when the off shore wind would be a mere stones throw...
Good.
That's the way to go.
Why does south australia have the highist power prices in Australia??
South Australia has always highest power prices… that was one of the reasons for Premier John Olson to privatise the SA grid in the 90’s (following Jeff Kennett’s lead)
Green politicians scamming the Nation. Thats why.
@@bikersydney5653 So why is it still the most expensive.....it has heaps of REs...it.should almost be free according to Sam...😂😂
Privatising critical infrastructure is a big mistake.
because the corporations that own the electricity retailers are gouging their customers
Great progress on renewables. I wonder when Australia will stop exporting fossil fuels.
something is just wrong with classic wind turbines,
let's please have something new :
a vertical axis wind turbine (spinning like a carousel)
this wind turbine would look exactly like a tree, I call it : e-tree
the trunk of the e-tree is brown, the spinning sails (blades) are green,
and finally attached to the trunk of the e-tree are features of : wifi/mobile network, light and power outlet, to charge a car for example
Does Australia need offshore wind? In the UK all the flat land available is already being used for other things.
The islands near Scotland are also setting up floating tidal generators one island already has too much renewable energy!
I watch a TV show in Australia that homes that produce too much power will now half to pay the power companies money, and they predict each year that fee will rise. So the home owners are mad as hell about the new fees,,,,,,,,,,,,,,,
I've decided not to get solar for my current house because I think my wife and I will move interstate soon (currently in Tasmania and there are not many opportunities for jobs in our profession here) but my next home will definitely have solar and batteries!
Forget unreliable intermittent power generation this is the future and it is now. Quaise, Inc was founded in 2018 to develop a millimeter-wave drilling system for converting existing power stations to use superdeep geothermal energy. The system repurposes existing gyrotron technology to drill 20 kilometres beneath the surface, where temperatures exceed 400°C.
What about solar with batteries 🔋.. like I can do that on my own home and legally avoid the utility , but in the backyard I won’t drilling 20klm.
@@malcolmgreen8759 that's an alternative if you're off-grid but personal I'd rather use a diesel
Aussie Aussie Aussie!!!
Oi Oi Oi!
Live in Blackwater Central Queensland. We have huge piles of overburden from coal mining that are just sitting idle. They can be up to 50 metres above the landscape and standing on the top you basically get blown away. No good for anything else so why destroy good land instead of making use of these areas.
Hmm... According to what I found, Australia has around 40% share of renewables. Still, a good percentage for now though. 🤔
Jai Hind. Ozzie should get all their PVs from safe supply chains like India, Japan, Europe and US manufacturers
A net-zero global economy in 10-15 years is impossible even theoretically.
30 years is possible only if everyone fully commits to its, and clearly that's not the case.
50 years is possible if the current political and economical trends continue.
Nonsense. Tesla published a 1300-page white paper on the subject. Their findings were that $10T in investments would cover the transition entirely. For reference, per the IMF, fossil fuels receive $5.9T per year globally solely in subsidies. Less than two years of global fossil fuel subsidies would pay for the world to convert to 100% renewable power. It's not that it can't be done; it's that the vested interests don't want to spend money, and the world's most lucrative industry cries every time someone suggests they should perhaps no longer need handouts from the governments at taxpayers' expenses.
@@AMortalDefiant It would take 20+ years to build the batteries required to make it work even if money was no question.
The GRID itself is the biggest factor.
Grid construction is extremely expensive.
No grid construction ROOFTOP PV is the cheapest electricity, just plug in a BV with its oversized battery.
Every building carpark space with a $60 wall outlet and selfplug-in V2G BV's and trickle currents all day long.
Do the maths, FMD, this is ezi pezi.
Alot of ppl rent. Renters don't get solar!
Guys???!!! I am not guys. Thank you.
Great for Australia!. Far more advanced than the USA on this. I am jealous of your costs for installing solar and batteries, not to mention EVs. I truly hope US solar panel manufacturing companies and auto manufacturers (except for Tesla) focus on catching up rather than pocketing profits. Of course, net metering must allow reasonable returns/profits for solar companies and homeowners too.
depends on what your measuring - solar yes, but Aus has WAY more coal as a % in its energy mix. 🤷
A Tesla battery in Australia installed is circa 20000 dollar !!
It can only power an average a/c unit for 3.5 hrs. No thanks
@@robertfonovic3551
Where do you get that info. I just googled it and a Tesla Powerwall 3 is about $14,500 Australian installed. Lots of the companies do deals to make them cheaper too
Net metering doesn't exist in Australia (AFAIK). The Feed in Tariff in my State (Victoria) just recently dropped to 1.5c/kWh (I think that's correct, someone please correct if I'm wrong).
Some one has a coal fire not that far from my house it stinks
Good 👍
Maybe they blacksmith.
We need cities to put chargers on the street where the parking meters are and to require landlords to offer charging. They can contact me if they don't know how to make this happen.
It can happen even faster in 6-7 years. It depends on batteries, if they can store up to one week you don't need a lot of solar plants.
the biggest battery in Australia can power 50k homes for 1 hour and a half. Australia has 11 million homes. If we want power to last 12 hours. We will need about 2000+ of these systems. Not to mention they aren't designed to be cycled 100-0 every day, So probably double or triple that. There is 0 chance we get there under 10 years.
We got some more problems here
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Russell Brand
I love how Australia are going in the right path, but Norway are doing it wrong.
They had huge subsidy at solar installation, and had record high installation, but then suddenly they cut it too very low amount and more electricty companies are removing the goods the customers overproduced the electricty (it was sent into digital storage) so they could overproduce in the summer, save it for the winter were coming), but almost everyone has removed that now.
Here the government should have come in and support the customers and helped us, but instead like always when it's hard times they are completely silence.
It's soo environmentally friendly and cheap solution, but because the companies are losing money on it (because we could be overproducing when the prices are low, but sell it toward the companies when the prices are high) they shut it down completly.
Those who were on the fence are no longer thinking about it because of these things have been happening.
It's very little interest about solar (it was huge interest in it before), but it's been very low at the moment and i don't understand the reasons because Norway have defintly the money and should instead cut the subsidy they should have increased it specially when the interest of it was so high. In that way we could cut every need of oil and increased the renewable energy and installing storage of batteries like you are doing. Every country should been looking at what you (Australian government) have been doing.
Remember the costs are record low and the benefits of having solar panels would be for minimum 20 years ahead!
I'm just rental my apartment my self, but i'm having a small solar panels outside when the sun is up and yeah i did pay some money for the system and i will increase it in the next summer with bigger batteries and more solar panels, but then i'm self-sufficient every time the sun is up.
The stupidity of our politicians!
Free energy PFFFFT!
Said by a non solar owner I presume ?
Australia has 22 million population less then some cities.
27 million actually
Pretty good country for wind, too.
We have to be, we have only 3000m of breathable air, there is no planet b.
Australia is a long way from net zero.
They export coal.....
👌
Hello my friend
Friend (not pal or mate anymore)?
But you say, you can't help your friend 🤔
@@hardi.howdy.983 It's all the same if you know English and he knows much more than me.
God you chat shit
Just wait till 2025 when mandated solar tax comes into effect ... We'll turn off the solar inverter and I hope everyone else does the same.
yay! Possitivity!! Thanks!
You are so welcome!
India is 3rd largest in solar power in world
Australia 🇦🇺 has so much empty non productive land and huge amounts of sunshine and wind , renewables now that they are cheap make so much sense for such a massive country .
"The grid was saved by electric cars plugged into the grid". So how does that work? In an emergency the grid sucks the power out of your battery that you are trying to charge?
You only export when YOU want to (if you are with the right energy company).
@@greghudson9717 Thats good. Its not right if they take your battery energy without permission.
Hi Viking Rafael from Carlos Alcaraz city. The question is, in Australia or Europe there are a lot of roof wich solar panels, but in China they have personal roofs or solar gardens(Big extensions) ?
Solar garden?
@@robertfonovic3551 😁 Sorry, Solar Parks?
I'm not crazy, I can't afford to install solar. Incredibly cheap is still not affordable for plenty if us.
Rubbish. SolarVic offers INTEREST FREE LOANS and subsidies to install solar. I paid $3050 (out of pocket) six years ago, it paid itself off in 18 months, after that, it was FREE POWER.
Sam, what kind of car are you driving these days?
And yet the increase in coal generated power is 2.4 times more then so called green power.
Not in Australia. Coal gen is dropping like a stone. It just isn't profitable any more... except when there is a power station 'down for maintenance' which happens a lot.
@@greghudson9717 amazing that that happened. The government gives no commitment and tells the plants that they will close them down l, and you wonder why these companies won't commit to millions of dollars of maintenance.
You show why people like you are brain washed.
Perhaps millions of people around world are afraid of losing their jobs ? This could be why negative news is more popular
This makes perfect sense for a country like your's,and people in far flung places have been wise/smart about solar for a long time Now.great news,and cheaper than nuclear,maybe Australia could get wind of euro tech,and Europe up wind of some north African heat.the solar project in India is interesting also
bUt ThE poWeR pLaNtS!
Don't you live within 100 miles of a coal fired power plant ?
Could be faster mate
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This is interesting. I heard a lot about the same person not long ago, please how can I contact her?
Well the name is 'Evelyn Infurna'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
SHE’S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME.
Ever since the Inflation Reduction Act was sighed, all of my climate anxiety disappeared. Renewable energy is unstoppable at this point and it’s only going to accelerate to the point we’re going to meet our climate goals ahead of schedule.
Nothing to be proud of. In South Australia, we have almost 100 percent renewables, but we have the most expensive power prices almost on the planet. It’s sending us all broke. It’s become a total joke.
It's criminal really.
Then pop up your own panels.
They are dirt cheap....
Because you sold your grid to Cheung Kong Infrastructure Holdings Limited who like money.
Correlation is not causation. Here in central PA (US), the renewable options are by far the cheapest - in some cases almost half as much as traditional sources. Just because your local utilities want to price gouge you doesn't mean renewables are not inherently cheaper.
All the wind in Iowa, US makes their electricity some of the cheapest in the country
Sam I'll be going to heaven 🙂
Good heavens, not so soon 🤔
Of you go then. Bye
@@robertfonovic3551 Only if you are dumb enough to believe there IS a heaven hahaha (from a dedicated atheist) ;-)
Bophelo bjo bobotse
CO2 levels still on an exponential path upwards with no sign of flattening. So Sam your optimism is misplaced
And you believe that rubbish? 😅😅
Sams like the Pied piper; optimism generate optimistic followers if nothing else
Stop 🛑 talking about batteries 🪫 and start talking about under sea 🌊 cables that transmits power at super high voltage from Australia 🇦🇺 to America 🇺🇸 To Europe. If everyone can produce over 100% of there power from solar and transmitting excesses midday power to places that don’t have sun ☀️. You only need small number of batteries 🔋 to stabilize grid we already have billions of miles of fiber optic cable under water now is the time to run power under water ⚡️
When power is setting in Australia 🇦🇺 sun ☀️ is risings in Europe and it’s dark in American 🇺🇸 problem solve just need small number of batteries lol 😂 5%-10% batteries storage is all you need not 100% just to stabilize grid
Build underwater grid power
Or instead Microwave relay power sats.
@@williampisano7573 WTF!!!
That doesn't work due to transmission losses. IIRC, it's about 2-3% per 1000 km of lines. So, transmitting power to the far side of the planet would waste about 60% of the energy. It make s a lot more sense to build small grids everywhere. Maybe long-distance connections could make sense in severe emergencies, like earthquakes, etc., but for everyday use, that would be insanely wasteful.
So you are dependent upon China for your solar etc. Energy dependent on a foreign superpower
Petroleum comes from where? Forget arab oil, or Malaysian oil. Produce Solar panels are easily processed and all process are known. There’s a lot of korean, german or american brands producing outside China
@@victortaveira8271 Solar panels are also made in Australia. And, the biggest solar company in china is actually run by 2 Aussies who used to work for the AU Govt CSIRO (Commonwealth Scientific Industrial Research Organisation). They couldn't get finance to get a startup going, so off to china they went, with our technology in their heads.
@@greghudson9717 Maybe knowledge. You exemplified one crucial detail why China grows and innovates faster
First?
Damn it......
Not promoting this or saying I agree with this but one nuclear power generating station which if you look at Arizona nuke station shows can build in a desert no problem you'll have so much electricity in Australia given what already is extant will create a massive economic boom same true with South Africa as well actually. Natural gas cogen which have been around for decades yes much moar cheap to build and operate but require an intensive and extensive pipeline network too although can double as a fueling station too. 🚉 yes that's right fuel for rail 🚇 🚇 🚇 transit surface and sub surface for population density issues as well. Ain't cheap tho. 😮😮😮😮
Nuclear is a colossal boondoggle. We hide the true economic costs of nuclear, and then pretend it's remotely affordable. The Hanford, WA site in the US has run up a tab of over $625B in cleanup costs. Those are costs that magically never make it into the spreadsheets when people project the costs of nuclear power... and that's from just *ONE* site. Nuclear, in the long-term, is nation-bankruptcy scheme. The money we set on fire cleaning up nuclear waste is enough to pay for a second military if we wanted to. That's absolutely insane. As solar and wind get progressively cheaper in accordance with Wright's Law, there really isn't much point using anything else from a financial perspective.
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