this post was submitted on 19 Jun 2024
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I think Australia should be investing heavily in nuclear. The cost doesn't make sense for the private sector to bear, but the govt can afford it as long as it doesn't take away from renewable investment like the libs are proposing here. Future debt is easier to solve than carbon emissions.
We need large scale base load power generation to fill in the gap that electrification of everything will bring. Electrical demand will increase as we replace fossil fuel for heating, cars and transport, etc...
Link the east and west coast grids to let afternoon solar on the west coast flatten the evening east coast peaks, pick a big old chunk of desert in South Australia for wind and solar, throw in a few gigabatteries and tart up some hydro systems, done.
Probably only be $10-15 billion or so.