CSIRO’s annual GenCost report, in which they collaborate with the Australian Energy Market Operator to update the cost estimates of new-build electricity generation, storage and hydrogen production claims renewable energy is cheapest. This report estimates the cost a private investor would face for each generation technology, including wind, solar, coal, gas and many more… just not large-scale nuclear reactors.
So why did the CSIRO decide to exclude a proven energy technology used around the world from their GenCost report which everyone treats as the gold standard in generation technology cost estimates?
Watch the video to find out.