this post was submitted on 17 Jul 2024
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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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[–] [email protected] 3 points 5 months ago* (last edited 5 months ago) (1 children)

Based on some numbers I looked up a couple of years ago:

LiPo 15¢/Wh

Flywheel 15¢/Wh

Compressed air 12¢/Wh

Pumped hydro 11¢/Wh

I'll try to dig up the sources when I get home, but the cost advantage isn't too large, so digging your own reservoirs would put it as more expensive.

[–] [email protected] 4 points 5 months ago (1 children)

Thanks! I guess the hydro is with natural reservoirs?

[–] [email protected] 2 points 5 months ago

Yeah I think so