Nuclear energy is more expensive than renewables, CSIRO report finds::Renewable energy provides the cheapest source of new energy for Australia, a new draft report from the CSIRO and energy market operator has found.
Nuclear energy is more expensive than renewables, CSIRO report finds::Renewable energy provides the cheapest source of new energy for Australia, a new draft report from the CSIRO and energy market operator has found.
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Except that H2 can be electrolyzed from water and is an emerging carbon-free fuel source. The nuclear power can just stay on all the time and we let H2 production drop a little when the wind is low and the sky is dark.
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Even if the current technology for producing zero-emission hydrogen is relatively inefficient, that’s not really such a problem since it’s a zero-emission process.
Especially when the bulk of your hydrogen production comes from excess energy generation
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The relative costs are just a question of policy. Legislators could make fossil fuels prohibitively expensive tomorrow if they really wanted. Anyway, if Australia doesn’t have a good source of fissile material (I have no idea), that is a fair point against nuclear power there. However, that just means other big, ambitious emission-free power projects should be considered instead, like deep-well geothermal, concentrated solar, and coerced rooftop solar. Seemingly cost effective half measures that keep fossil fuels in the mix are a mistake.