From The Australian:
Technorati tags: Nuclear Energy, Nuclear Power, Electricity, Environment, Energy, Politics, Technology, Economics, Australia
JOHN Howard's hand-picked nuclear energy taskforce will find that a nuclear industry could be commercially viable within 15 years, giving the green light to the Prime Minister to radically shake up Australia's energy market.For more on the implications for the Australian job market, visit Rod Adams.
Former Telstra boss Ziggy Switkowski's review will also find the cost of nuclear power should come down dramatically as more global powers invest in the technology and the cost of fossil fuels go up.
Last night, Minister for Industry and Resources Ian Macfarlane said a 15-year timeframe was "very realistic", offering an optimistic assessment from the Howard Government on the way forward for nuclear power.
Technorati tags: Nuclear Energy, Nuclear Power, Electricity, Environment, Energy, Politics, Technology, Economics, Australia
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Lucas Heights Reactor Fires Up. This reactor replaces the 1950's era reactor on the same site. Greenpeace sued the Australian Radiation Protection and Nuclear Safety Authority (regulator), Australian Nuclear Science and Technology Organization (owner) and INVAP (builder) to prevent construction. Greenpeace lost and had to pay court costs and the legal costs of all the defendants (see
Greenpeace v ARPANSA and Ors
So, if nuclear will be competitive with coal and gas (with carbon sequestration) here in Australia, it will probably be the cheapest option for clean baseload power just about anywhere else in the world.