The Global Trend Toward Nuclear Energy: Australia's Potential for Economic Viability

Nuclear Energy Economics: A deep dive into why countries like the UAE, rich in fossil fuels and solar potential, are still turning to nuclear power. This exploration challenges perceptions, revealing a global trend with 50 countries considering nuclear energy, underscoring its economic viability even in unexpected places.

#NuclearShift #EnergyEconomics #GlobalTrend

[SparksWillCry]

Lazard the global consulting firm found that in 2024 renewables+ stirage is cheaper than nuclear.

[masterxiong]

Nuclear is clean. So long as you have a good standard, you will mot hace Chernobyl.

[WayneJohnson]

This boy is much smarter than Albo and the entire Labor party combined.

[andrewjoy]

The UAE nuclear reactors cost $38 billion for a total of 5.6 GW. The same sized solar farms would cost about $8.4 billion given that solar farms cost about $1 million to $1.5 million per MW.For the cost of the UAE project we could build 25GW of solar. Wind costs are roughly the same.

[AnteUjcic]

Plus most of australia is a desert so a meltdown wouldnt do much

[SparksWillCry]

Sew how he says nuclear is economically viable, he dare not stoop so low like Dutton and say nuclear is cheaper. There is no study which shows that nuclear in 2024 is cheaper than renewables. Nuclear will put up your power bills. Countries like Bangladesh start nuclear because they don't have the room for wind or solar. As for the UAE they use cheap overseas labour and build nuclear for a fraction of the cost in Australia, something we can't do in Oz

[stephenbrickwood]

We need more grid capacity

If nuclear is to stop CO2 emissions
With clean nuclear electricity
Then you need more grid electricity capacity.
5 times more electricity and 5 TIMES more grid capacity.

The grid is the hard expensive part of nuclear electricity to millions and millions and millions of customers.

Nuclear electricity generation is cheap.

[waycam]

4 are under construction, all over budget by tens of billions and delayed by over a decade... one plant was cancelled because of cost blowout..

[chrisvandy]

Love this kid / bloke a lot very wise for his age, Plus he is a QUEENSLANDER

[Edword]

Look 👉 there’s proof that humans evolved from fish 🤣