Renewable Dominance Endures
CSIRO’s GenCost report contradicts climate policy critics, affirming renewables’ cost superiority over fossil fuels and nuclear energy, signaling a sustained era of renewable dominance.
Affordable Transition to Renewables
The report forecasts that transitioning to a grid with 90% renewables significantly reduces household power costs compared to fossil fuels and nuclear alternatives, emphasizing renewables’ economic advantages.
Transmission Line Controversy
Amid calls for a halt in new energy transmission lines, critics challenge CSIRO’s previous reports. However, the current report incorporates over $30 billion in new transmission lines, reiterating renewables’ affordability.
Nuclear’s Costly Prospects
Despite advocacy for a “nuclear renaissance,” the report highlights the challenges. Small modular reactors (SMRs) are projected to cost between $210 and $350 per megawatt-hour by 2030, making renewables a more economical choice.
Source：theage.com.au
