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Nuclear too slow to replace coal, and baseload “simply can’t compete” with wind and solar, AEMO boss says (reneweconomy.com.au)

submitted 4 months ago by phneutral@feddit.org to c/energy

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The head of the Australian energy market operator AEMO, Daniel Westerman, has rejected nuclear power as a way to replace Australia's ageing coal-fired power stations, arguing that it is too slow and too expensive. In addition, baseload power sources are not competitive in a grid dominated by wind and solar energy anyway.

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[–] SoylentBlake@lemm.ee 6 points 4 months ago* (last edited 4 months ago)

There's also a fuckton of gold in the ocean, just waiting for someone to figure out how to filter the entire ocean and pull out the individual atoms. All at a profitable price point.

Same with uranium. Which means it'll never happen.

We will have cracked fusion, mined the far side of the moon for helium3 and brought it back to terra before we crack that nut

For context; we've only mined ~200k tonnes of gold historically with an estimate ~50k tonnes left. The ocean holds 20milion tonnes, worth over $770Trillion and it's not cost effective to get it out.