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Strypey
@strypey@mastodon.nzoss.nz  ·  activity timestamp last month

"The latest report released by GenCost has revealed that renewables remain the cheapest new-build electricity generation to 2050, even if they were to be rebuilt every 25 or 30 years.

GenCost, the annual collaboration between CSIRO and the Australian Energy Market Operator (AEMO), is used as a standardised measure by industry for forward planning and to assess the most economically viable investment opportunities."

#SarahMacNamara, 2024

https://www.energymagazine.com.au/report-renewables-cheaper-than-nuclear/

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#RenewableEnergy

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Strypey
@strypey@mastodon.nzoss.nz replied  ·  activity timestamp last month

"CSIRO and AEMO considered the claims about the life of nuclear reactors and capacity factors, rejecting the claim that these factors make nuclear cheaper.

The report found that renewables remain the cheapest new-build electricity generation in Australia to 2050, both as standalone assets and when also accounting for the required storage, transmission and firming."

#SarahMacNamara, 2024

https://www.energymagazine.com.au/report-renewables-cheaper-than-nuclear/

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