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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 00:43 Live starts 01:32 Recap on 4 Reasons Why Nuclear is a Dumb Idea for Australia video 08:52 Nuclear in Germany 10:07 Australia's NEM for context 11:44 EV as battery storage 13:28 What is Levelised Cost of Electricity (LCOE)? 18:09 Can nuclear, wind and solar co-exist? 22:13 How much does it cost to build nuclear? 28:52 Cost to decommission a nuclear plant 32:01 Don't nuclear plants need refurbishing every 30 years or so? 33:14 What if nuclear projects take longer than expected? 39:25 How fast can you adjust the power output of a nuclear power plant? 40:32 Nuclear flexibility in France 43:05 Nuclear plant's capacity factor 45:44 How markets work 49:04 How would the grid perform in a long wind draught? 51:45 System's version of LCOE 55:04 Wrap up ⚡This livestream is sponsored by Weather Guard Lightning Tech. ⚡Check out the Uptime Podcast that I co-host with Allen and Dan from WeatherTech: 🎙Listen to the Uptime Podcast on Spotify: https://bit.ly/uptimepod 🎥Watch the Uptime Podcast on YouTube: https://bit.ly/watchuptime ⚡And sign up for the weekly Weather Guard Tech News email here: ✅Sign up for Uptime Tech News: https://bit.ly/uptimetech 🦜This livestream is also sponsored by Pardalote Consulting, (my) boutique consulting company specialising in energy transition technology engineering services. www.pardaloteconsulting.com I use Streamyard for all my Livestreams. Here's an affiliate link if you want to try: https://streamyard.com/pal/d/60984645...