Australia’s continuing renewable energy boom means the development of nuclear power is not a viable option, a new report from public policy think-tank the Australia Institute has concluded. With the potential for nuclear power set to be examined by a federal parliamentary inquiry, the institute said the rapid development of wind and solar resources, particularly in South Australia, would render new “baseload” power resources like nuclear uneconomic. The think-tank’s latest National Energy Emissions Audit found that for 44 hours during the month of July, South Australia generated enough wind and solar energy to power 100 per cent of its own demand, with some left over for export to eastern states.
ABC 27th Aug 2019 read more »
South Australia – now generating more than 50 per cent of its electricity needs from wind and solar – is an example to the rest of Australia, and the world, on how grids can move beyond “baseload” and transition to low emissions grid dominated by renewables. Or, to put it another way, South Australia’s grid provides real world evidence of how a new base load generator, such as the nuclear power station some in the Coalition are so keen on building, would now be impossible to incorporate into a system with high levels of variable renewable generation. That is the key message from the latest National Energy Emissions Audit from The Australia institute: South Australia is past the point of return to new baseload generation, and the world – and the federal government of Australia – should take note.
Renew Economy 27th Aug 2019 read more »