Australia's Nuclear Debate: Are We Getting the Costs Wrong? | EwR Live ep 36

Join me and John Poljak, founder of Keynumbers, as we dive into Australia's nuclear debate in our livestream titled "Australia's Nuclear Debate: Are We Getting the Costs Wrong?"

We'll address common complaints about modelling from reports like AEMO's Integrated System Plan (ISP) and CSIRO's Gencost report. Using John's powerful Keynumbers tool, we'll calculate how the Levelized Cost of Energy (LCOE) for nuclear power changes with varying assumptions, including project life, cost of finance, and capacity factor.

Don't miss this insightful discussion as we uncover the true costs and potential of nuclear power for Australia's energy future. Tune in to see if the published costs are fair or if we need a new perspective!

Bookmarks:
00:00 Outro
00:04 Live starts
00:53 Recap on 4 Reasons Why Nuclear is a Dumb Idea for Australia video
08:13 Nuclear in Germany
09:28 Australia's NEM for context
11:05 EV as battery storage
12:49 What is Levelised Cost of Electricity (LCOE)?
17:30 Can nuclear, wind and solar co-exist?
21:34 How much does it cost to build nuclear?
28:13 Cost to decommission a nuclear plant
31:22 Don't nuclear plants need refurbishing every 30 years or so?
32:35 What if nuclear projects take longer than expected?
38:46 How fast can you adjust the power output of a nuclear power plant?
39:53 Nuclear flexibility in France
42:26 Nuclear plant's capacity factor
45:05 How markets work
48:25 How would the grid perform in a long wind draught?
51:06 System's version of LCOE
54:25 Wrap up

Links!
Crunch the numbers for yourself at keynumbers:
https://keynumbers.com/#/public/page/...

This is the CSIRO GenCost original spreadsheets
https://data.csiro.au/collection/csir...

For the Aurecon report, I can't find the latest one but this is the previous one which has got all the generation cost details that CSIRO uses.
https://aemo.com.au/energy-systems/ma...

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🦜This livestream is also sponsored by Pardalote Consulting, (my) boutique consulting company specialising in energy transition technology engineering services. www.pardaloteconsulting.com

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