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by ZeroGravitas
700 days ago
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That's an Australian academic in 2013 making that claim, and fair play to him, the official Australian cost estimates in 2024 say: > ‘Firming costs’ is a term often used to describe the investments needed to make variable renewables a reliable source of electricity for our power system. In the GenCost report our preferred term is ‘integration costs’. > Integration costs include investments in storage, peaking generation, transmission and system security devices such as synchronous condensers. Modelling determines the most cost-effective combination of these investments. > ... renewables were still found to have the lowest cost range of any new build technology. > For more detail go to the GenCost 2023-24 report section 5.2.1 Framework for calculating variable renewable integration costs on page 65. https://www.csiro.au/en/research/technology-space/energy/gen... |
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