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CARLTON, Victoria, AU, June 7, 2006 (Refocus
Weekly)
The cost to generate from geothermal is less than
half the cost to generate from nuclear, according to the Australian
Business Council for Sustainable Energy.
“The government has consistently said that, while it wants to
reduce emissions, it
won’t introduce measures to increase the uptake of clean energy
because of the
cost to the economy,” the group says in a note entitled ‘Energy:
Keep it Simple, Stupid.’ “If the debate on climate change is over,
as the government claims, then the government can no longer ignore
existing, known technologies which are low cost and low emission.”
The cost to generate from geothermal is A$40 to $70 per MWh,
according to CSIRO and Geodynamics. The cost for wind is quoted as
$55 to $80 from the 2004 Energy White Paper.
Coal is quoted as $35 per MWh, clean coal (geosequestration) at
$104, natural has at $35 to $45, while nuclear is $100 to $150 per
MWh, quoting the Environmental Audit Committee of the UK Parliament.
There is no net cost for energy efficiency, it notes.
“The full blooded debate on energy can be kept simple by looking at
the costs of the different energy technologies,” says BCSE. “Yet at
$150 MWh for nuclear power, $45 MWh for natural gas and $70 MWh for
renewables, the answer to affordable, low emission electricity is
obvious.”
“Australia has pursued silver bullets to climate change before,”
starting with hydrogen, then clean coal and now nuclear. “In the
meantime, our emissions continue to spiral out of control.”
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