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Never thoight I'd see this in Australia...
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Never thoight I'd see this in Australia...
Shouldn't have promised what wasn't they couldn't deliver... not understanding what the issues are!
Shouldn't he be deceased by now. He is Unvaxxed.
Stock market and $ dropping fast. wtf is happening.![]()
When will people wake up to Chris Bowen's bullshit!!
The twerp Bowen has ****ed up every portfolio he's ever got his grubby little hands on.
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www.heraldsun.com.au
Nuclear energy nations pay half as much as Australians on power bills
In countries where nuclear energy is powering the majority of their grid, households are saving a motza on power bills. See the comparison costs here.
Energy prices will be the key to what is shaping up as a cost-of-living federal election, with nuclear power proponents eager to highlight overseas examples where electricity costs are less than half of Australian rates.
The Albanese Government has pushed back on the Coalition’s plans to build seven nuclear power plants in Australia due to the capital costs and 15-year build time, but experts on the technology have argued Labor cannot ignore current price differences to households abroad.
Former Australian Nuclear Science and Technology Organisation boss Adi Paterson said France, where nuclear makes up 66 per cent of the grid, French households paid 31 euros per megawatt hour or $49 Australian dollars as of July 11.
On the same day, the Australian system which relied on coal for 51 per cent of energy and 33 per cent from solar, households paid $105 per megawatt hour.
Dr Paterson said a US research paper comparing the cost to consumers of different energy sources showed the cost per megawatt hour for solar power went up by 40 times if the grid relied entirely on solar.
THE HIDDEN COSTS OF DIFFERENT ENERGY SOURCES:
How will it impact the cost of electricity if the grid is based on the following energy sources?
How long do they last?
- Coal: $78USD per megawatt hour in Germany and $90USD in Texas
- Nuclear: $105 USD per megawatt hour in Germany and $122 USD in Texas
- Solar: $1,380 USD per megawatt hour in Germany and $413 USD in Texas
- Wind: $483 USD per megawatt hour in Germany and $291 USD in Texas
- Wind + Solar: $442 USD per megawatt hour in Germany and $225 USD in Texas
The report bases its modelling on the grid in two markets, German and Texas*
- Life of nuclear power plants: 60-80 years
- Life of solar power plants: 10-30 years
- Life of wind turbines: 15-30 years
The same research — which analysed the grid in Germany and Texas because they had high levels of data available — showed if the grid was run entirely on wind power, the cost would go up 15 times.
Dr Paterson said the longer lifespan of a nuclear power plant offset would help to offset upfront capital costs compared to wind and solar.
“Nuclear power plants in France today will operate for at least 60 years and they are working with regulators to see if they can extend them for 80 years,” he said.
“By contrast, solar panels are guaranteed for 10 years and you can stretch them for 20 to 30 years but after that they are toast.”
![]()
Former CEO of the Australian Nuclear Science and Technology Organisation Adi Paterson said Australians pay twice as much as households in France where nuclear makes up 66 per cent of the grid. Picture: AAP
Energy and cost of living are expected to become central issues of the next federal election, due by May 2025, with the Coalition confident its bold pitch to bring nuclear power to Australia will be a vote winner.
About 82 per cent of Australians are “concerned” about power prices, with more than 45 per cent “very concerned,” according to a Nielsen survey released in July.
Dr Paterson said the longer lifespan of a nuclear power plant offset would help to offset upfront capital costs compared to wind and solar.
The researchers also found more than 13 per cent of Australians have switched energy providers in the last year in an attempt to lower their bill.
Despite Labor’s election promise to deliver a $275 average saving on bills by next year based on 2021 prices, the cost for Australians has continued to rise even with Commonwealth subsidies for low-income households and small businesses.
Opposition leader Peter Dutton said the Coalition would announce further details of its plan to deliver seven nuclear plants, the first to be built by 2037, “in due course”.
“One thing is for sure: we are on an energy trainwreck under the Albanese Government - and only the Coalition can get us get back on track,” he said.
“That includes embracing zero emissions nuclear energy to set our country up for decades to come.”
Mr Dutton said under Labor, 90 per cent of Australia’s current baseload power would be “forced out of the system”.
“We want Australia to be a country where our grid works 24/7 and is not reliant on the whims of the weather,” he said.
But Climate Change and Energy Minister Chris Bowen has repeatedly pointed to comprehensive analysis in the CSIRO’s Gencost report, which found by 2030 electricity from a combination of solar and wind would be between $73 and $128 a megawatt hour.
This compared with large-scale nuclear at $141 to $233/MWh and $230 to $382/MWh for small modular reactors.
Speaking at the National Press Club last month Mr Bowen also ridiculed the Coalition’s attempt to sell nuclear as an immediate solution to the cost-of-living crisis when the first reactor was more than a decade away.
“Cost of living ... has to be the priority,” he said.
“But it’s not a priority if you’re saying we might give you cheaper power prices in 2040 when a nuclear power plant comes on.
“That is not a sensible response or reaction.”
Banks hit hard today.Just normal trading - the markets fear a recession and once the US starts cutting interest rates markets will probably rebound.
Our market is close to what it was in early July. The key is don’t panic, the market will get higher.
![]()
S&P/ASX 200 (^AXJO) historical data – Yahoo Finance
Get historical data for the S&P/ASX 200 (^AXJO) on Yahoo Finance. View and download daily, weekly or monthly data to help with your investment decisions.au.finance.yahoo.com
Banks hit hard today.
When will people wake up to Chris Bowen's bullshit!!
The twerp Bowen has ****ed up every portfolio he's ever got his grubby little hands on.
Loading…
www.heraldsun.com.au
Nuclear energy nations pay half as much as Australians on power bills
In countries where nuclear energy is powering the majority of their grid, households are saving a motza on power bills. See the comparison costs here.
Energy prices will be the key to what is shaping up as a cost-of-living federal election, with nuclear power proponents eager to highlight overseas examples where electricity costs are less than half of Australian rates.
The Albanese Government has pushed back on the Coalition’s plans to build seven nuclear power plants in Australia due to the capital costs and 15-year build time, but experts on the technology have argued Labor cannot ignore current price differences to households abroad.
Former Australian Nuclear Science and Technology Organisation boss Adi Paterson said France, where nuclear makes up 66 per cent of the grid, French households paid 31 euros per megawatt hour or $49 Australian dollars as of July 11.
On the same day, the Australian system which relied on coal for 51 per cent of energy and 33 per cent from solar, households paid $105 per megawatt hour.
Dr Paterson said a US research paper comparing the cost to consumers of different energy sources showed the cost per megawatt hour for solar power went up by 40 times if the grid relied entirely on solar.
THE HIDDEN COSTS OF DIFFERENT ENERGY SOURCES:
How will it impact the cost of electricity if the grid is based on the following energy sources?
How long do they last?
- Coal: $78USD per megawatt hour in Germany and $90USD in Texas
- Nuclear: $105 USD per megawatt hour in Germany and $122 USD in Texas
- Solar: $1,380 USD per megawatt hour in Germany and $413 USD in Texas
- Wind: $483 USD per megawatt hour in Germany and $291 USD in Texas
- Wind + Solar: $442 USD per megawatt hour in Germany and $225 USD in Texas
The report bases its modelling on the grid in two markets, German and Texas*
- Life of nuclear power plants: 60-80 years
- Life of solar power plants: 10-30 years
- Life of wind turbines: 15-30 years
The same research — which analysed the grid in Germany and Texas because they had high levels of data available — showed if the grid was run entirely on wind power, the cost would go up 15 times.
Dr Paterson said the longer lifespan of a nuclear power plant offset would help to offset upfront capital costs compared to wind and solar.
“Nuclear power plants in France today will operate for at least 60 years and they are working with regulators to see if they can extend them for 80 years,” he said.
“By contrast, solar panels are guaranteed for 10 years and you can stretch them for 20 to 30 years but after that they are toast.”
![]()
Former CEO of the Australian Nuclear Science and Technology Organisation Adi Paterson said Australians pay twice as much as households in France where nuclear makes up 66 per cent of the grid. Picture: AAP
Energy and cost of living are expected to become central issues of the next federal election, due by May 2025, with the Coalition confident its bold pitch to bring nuclear power to Australia will be a vote winner.
About 82 per cent of Australians are “concerned” about power prices, with more than 45 per cent “very concerned,” according to a Nielsen survey released in July.
Dr Paterson said the longer lifespan of a nuclear power plant offset would help to offset upfront capital costs compared to wind and solar.
The researchers also found more than 13 per cent of Australians have switched energy providers in the last year in an attempt to lower their bill.
Despite Labor’s election promise to deliver a $275 average saving on bills by next year based on 2021 prices, the cost for Australians has continued to rise even with Commonwealth subsidies for low-income households and small businesses.
Opposition leader Peter Dutton said the Coalition would announce further details of its plan to deliver seven nuclear plants, the first to be built by 2037, “in due course”.
“One thing is for sure: we are on an energy trainwreck under the Albanese Government - and only the Coalition can get us get back on track,” he said.
“That includes embracing zero emissions nuclear energy to set our country up for decades to come.”
Mr Dutton said under Labor, 90 per cent of Australia’s current baseload power would be “forced out of the system”.
“We want Australia to be a country where our grid works 24/7 and is not reliant on the whims of the weather,” he said.
But Climate Change and Energy Minister Chris Bowen has repeatedly pointed to comprehensive analysis in the CSIRO’s Gencost report, which found by 2030 electricity from a combination of solar and wind would be between $73 and $128 a megawatt hour.
This compared with large-scale nuclear at $141 to $233/MWh and $230 to $382/MWh for small modular reactors.
Speaking at the National Press Club last month Mr Bowen also ridiculed the Coalition’s attempt to sell nuclear as an immediate solution to the cost-of-living crisis when the first reactor was more than a decade away.
“Cost of living ... has to be the priority,” he said.
“But it’s not a priority if you’re saying we might give you cheaper power prices in 2040 when a nuclear power plant comes on.
“That is not a sensible response or reaction.”
If you try and get the in at bottom or out at the top, you won’t have a successful strategy.
Sorry I'm taking the word of an absolute unquestionable expert Nuclear Scientist Adi Paterson over the word of Chris Bowen and any "ïnternet" guys that who's expertise in the subject is via Google.The energy sector was a total mess long before Bowen
This was from an article back in 2017
Australian residential customers are paying the highest electricity prices in the world - two to three times more than American households
https://www.afr.com/politics/australian-households-pay-highest-power-prices-in-world-20170804-gxp58a
Articles like this are nothing more than a puff piece trying to fool people by implying that nuclear will lower prices.
There's no magic solution and even if Australia went nuclear, it's not going to make much difference(if any) to the price.
It's the energy market in Australia that's the problem, privatisation has destroyed the market and it's almost impossible to now get the genie back in the bottle.
I don't have an issue with nuclear, but it's not a silver bullet. It's just an alternative option, but it's one that's now arguably about 15-20 years too late.
Or perhaps look to evidence as to how others are actually managing their electricity....Sorry I'm taking the word of an absolute unquestionable expert Nuclear Scientist Adi Paterson over the word of Chris Bowen and any "ïnternet" guys that who's expertise in the subject is via Google.
And applies ten-fold to real estate.
Sorry I'm taking the word of an absolute unquestionable expert Nuclear Scientist Adi Paterson over the word of Chris Bowen and any "ïnternet" guys that who's expertise in the subject is via Google.
Or perhaps look to evidence as to how others are actually managing their electricity....
![]()
In California, big batteries are eating into gas demand, showing how Australia could harness its solar power glut
California, known for palm tree-lined boulevards and the iconic Hollywood hills, is adding another claim to fame: renewable energy. And the Golden State could offer a glimpse into the crystal ball of Australia's energy future.www.abc.net.au
That doesn’t seem to be the case innAustralia, real estate just keeps on going up.
The energy sector was a total mess long before Bowen
This was from an article back in 2017
Australian residential customers are paying the highest electricity prices in the world - two to three times more than American households
https://www.afr.com/politics/australian-households-pay-highest-power-prices-in-world-20170804-gxp58a
Articles like this are nothing more than a puff piece trying to fool people by implying that nuclear will lower prices.
There's no magic solution and even if Australia went nuclear, it's not going to make much difference(if any) to the price.
It's the energy market in Australia that's the problem, privatisation has destroyed the market and it's almost impossible to now get the genie back in the bottle.
I don't have an issue with nuclear, but it's not a silver bullet. It's just an alternative option, but it's one that's now arguably about 15-20 years too late.
What comes first. Electricity prices coming down or a Crows premiership.![]()