Expertise development ‘essential’ to create nuclear power industry in Australia

Expertise development is "absolutely essential" to developing a nuclear power industry in Australia, former ANSTO CEO Dr Adi Paterson says.

“I also believe that if we do have a nuclear-powered submarine program that we should have nuclear powered training reactors on land,” he told Sky News host Chris Kenny.

“In any event if we do have a proper … nuclear submarine program, it will be essential to change the law to have a power generator on land so we can train people in Australia.”

[collinwhites]

Rolls Royce is developing very small nuclear reactors now that can be transported via shipping container, installed in 7 days at site. So if you get 10 day weather forecast with very hot weather, inclement weather or hurricane... it can be transported ahead of time.

[williamsmith]

FINALLY! I was getting tired of being the only person who'd read that report and was quoting the IEA's LCOE numbers for nuclear. You should also do a story on Lazard's LCOE calc's, which renewables advocates LOVE to quote, and why Lazard's numbers are distorted. Mark Nelson did a video on Lazard's numbers on the Decoupled Media YouTube channel.

Short story is that you should be spreading a power sources costs over the power produced over its expected operational life, with the cost of wind turbines being spread over all the power a turbine would produce over 20 years, a solar panel's costs would be spread over all the power it would produce over 20 to 25 years, and a nuclear plant would spread it costs over all the power it would produce over 40 or more years. Lazard, however, spreads the costs of each power source over the amount of power they'd produce over the same 30 year period. This means that wind turbines, which only last 20 years, have their costs spread over 150% of their expected electricity production, reducing wind turbine's LCOE by 1/3, while nuclear, which can last anywhere from 40 years to 80 years, by having it's costs spread over the power it would produce over just 30 years, is having its total costs spread over 75% of the minimum amount of power it would produce, which inflates nuclear's LCOE by 1/3.

As such, Lazard's LCOE numbers are distorted, with the LCOE of renewables reported as being lower than they actually are while Lazard's LCOE for nuclear is reported as being higher than it actually is. Of course, if you read the foot notes and really look close at the charts, you'll see that Lazard admits that if you look at the LCOE of nuclear on a fully depreciated basis, the LCOE of nuclear, per Lazard, falls to just $29 USD/MWh, just a little below the IEA's LCOE for long-term operating nuclear plants, which the IEA says have an LCOE of $32 USD/MWh.

[johnstevens]

My father was a US Navy Nuke and later worked for over 40 years in the American Nuclear Power Industry. He was of the opinion that the French had developed some of the best new reactor designs and that the US should be paying more attention. Based upon that opinion, I would suggest that Australia turn to Europe for the newest innovations in nuclear power generating plant technology.

[zaneaussie]

Labors energy minister stands there yelling at the top of his lungs with no idea what he is talking about! What a tool!

[TheRealBobSmith.]

Free nuclear power for all Australians . The wealth creation would be off the charts .

[lubanskigornik]

if solar and wind power is so cheap why my electricity bills are double that what i did have 2 years ago?

[onepom]

What he was trying to say was your electricity bill will go up $275 a quarter these are the facts you have all been stooged & it’s going to get worse..

[wymptsu]

That is exactly when they are not there When you need them.

[CoreyANeal]

Unless those transmission lines could be put underground, because if you put the lines underground you remove the risk of people falling while doing repairs. Also it does make sense to add Nuclear Power Plants where your shutting down Coal Plants.

[lancelot]

No, it will increase by $275 a month ya plonka.
We all know Chris Bowen hasn't a bloody clue what he's talking about. 🙄

[edwardbec]

yes also required is a Nuclear Training vessel like America's First Nuclear Submarine the USS Nautilus that has Undergone a modernization program, is now the US Navy Submariners nuclear training Platform

[fixallever]

has anyone ever co up with such a good lody, and forget it seconds later

[mikeharrison]

ALEX EPSTEIN 's "Fossil Future" on sale now.

[chibonchibon]

nuclear power in germany would surely delay or prevent war, but relying on gas makes them indirectly guilty

[mikeharrison]

The Moral Case for Fossil Fuels. HUMAN flourishing. ALEX EPSTEIN

[g]

Hows is it the most expensive? if that Labor politician is worried about the environment it's the least expensive as to its impact upon it and further, I add to the consumers of energy in the long run.

[salgwiz]

If something goes wrong, those areas are water catchment areas for the cities

[StPiter]

Just don't use Ukranian nuclear tech. It's 40 years old🤣🤣🤣🤣

[andyc]

Ya need ya head read if you believed that $275 polony, electricity doesn't go down only up, up up and away with ya head in the clouds.

[hirschy]

We need coal 👍👍👍 because it is here now cheaper nuclear is to far away and fans solar will not work and the wast from them can not recycle 🖕🖕🤬. 🇦🇺🇦🇺🇦🇺😎