- In short: A meltdown in the NSW electricity market has prompted warnings that Australia’s energy transition is off course.
- Sustained extraordinary costs earlier in the month forced the market operator to step in and cap prices in NSW.
- What’s next? A huge NSW coal plant will be kept online longer but there are worries about a shortage of new capacity.
Thank Greenpeace for fighting against nuclear in the 80s and 90s. I remember them handing out leaflets on Swanson St around 1990 trying to persuade the public against low carbon emission technologies.
Having said that I think we are past breeder reactors as an option in Australia. SMR and MSR is something that we should get behind. Aukus treaty will change that up though. Australia will have our own nuclear reactors floating off shore soon enough not just the American ones that visit us from time to time.