this post was submitted on 21 Dec 2023
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Nuclear energy is more expensive than renewables, CSIRO report finds (www.abc.net.au)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Nuclear energy is more expensive than renewables, CSIRO report finds::Renewable energy provides the cheapest source of new energy for Australia, a new draft report from the CSIRO and energy market operator has found.

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[–] endlessbeard@lemmy.ml 1 points 1 year ago

It's not difficult, but it is expensive and inefficient. There are very few financially viable battery technologies on the market currently, and although incremental improvements are happening on that front, there are also roadblocks (lack of raw materials like cobalt, toxic metals, thermal runaway fire risks), we really need a big breakthrough before we'll see large adoption of batteries.