Afternoon All
I am a little surprised that anyone could say no to the proposal that Australia
considers nuclear power as an option. Even if you are strongly oposed to the idea surely we should consider it, and if you really think it is a bad idea for economic or environmental reasons then following due consideration one would assume that we would decide not to go down this path.
I must admit to some amazement about some comments about intermittent renewables such as wind and solar since we have yet to see (as far as I am aware) an economically defensible means of storing energy on the scale required to manage grid scale renewables - and this problem becomes greater as intermittent renewables increase as a proportion of grid generation capacity. What is apparent is that as regards wind that there are periods when the capacity factors of the entire constelation of wind farms drops to below 10% for extended periods of time (days). To manage such intermittency, storage capacities several orders of magnitude greater than are currently envisaged will be needed as intermittent renewables penetrate the market.
It is now 5 PM. Wind capacity factors have averaged around 20% of installed capacity for the last 24 hours (
Wind Energy in Australia | Aneroid). Solar generation will have pretty well diminished to zero. If you really want to transition from fossil fuels (coal and gas) you either have to go nuclear or you have to produce a properly costed storage solution with storage capacities of the order of 100s of gigawatt hours. Batteries like Elon Musk's in SA cost around 1 billion AUD/GWh (it is reported to have cost around 90 million and has a storage capacity of 130 MWh - which I have rounded down to 100 MWh as I doubt it can be repeatedly driven to zero capacity without serious damage). Right now electricity demand in Eastern Australia sits at 25 GW. If we assume a largely solar/wind system with little fossile fuel input, then at the very least you need to be able to store 25 GW for (say) 16 hours of energy to handle a windless winter day. That's around 400 GWh, which at current Tesla prices requires a cool 300- 400 billion dollars in storage cost. And yes, battery prices will decrease, but how fast? Pumped storage is a possibility (I argued many years ago for pumped storage to be part of the aborthed Tully Millstream proposal) but again, at what cost?
So there are no easy solutions, and to ignore one option that could be part of the solution seems strange to me, assuming of course that the electricity grid does have to transition away from coal and gas.
Michael