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Nuclear Power Twice As Expensive For Australia As Renewables: Report

09 Dec 2024 | Abstracted from Economic Times

"GenCost found that a nuclear SMR over a 60-year timeframe would cost up to 222 Australian dollars ($141.9) per megawatt hour (MWh) of electricity produced...By comparison, it said that a 60-year solar project would generate electricity at a maximum cost of 68 AUD ($43.4) per MWh, including the cost of a complete rebuild after 30 years. A 50-year wind farm, including a rebuild after 25 years, would cost up to 108 AUD ($69) per MWh."

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