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by jamez1
1928 days ago
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Hornsdale power reserve derives most of it's revenue from selling ancillary services, it does not provide energy. Hornsdale's success is not foreshadowing a battery revolution unfortunately. The reason nuclear costs so much is because we've stopped building plants. There's no industry anymore, let alone economies of scale. It's a fallacious argument to say it costs too much. If we went all in on nuclear to tackle climate change the costs would quickly collapse. After all, they were built in the 70s and dramatically decarbonized the industry at the time. |
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For example, EnergyAustralia just announced that they're pulling forward the retirement of Yallourn coal powered station by four years [1], and building a 350MW utility scale energy system to absorb and discharge renewable power to offset the coal plant being retired:
"Under the agreement, EnergyAustralia will retire Yallourn in mid-2028 and build new storage capacity through a 350 MW, four-hour, utility-scale battery project that will be completed by 2026. This ensures energy storage is built to firm increased renewable energy in Victoria, before Yallourn exits the system.
EnergyAustralia’s goal is to be carbon neutral by 2050. Yallourn’s retirement will reduce the company’s emissions profile by 60 per cent, accelerating the pathway towards achieving this ambition."
As we speak (mid day local Victoria time), renewables are providing 48% of total electrical demand in Victoria [2].
[1] https://www.energyaustralia.com.au/about-us/energy-generatio...
[2] https://opennem.org.au/energy/vic1/?range=1d&interval=30m