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*Nuclear Power. The only practical future*		*Pricing methodology*
Nuclear energy can produce power for AUD 6.8c / kWh providing an economical price plus zero CO2 pollution. Solar and Wind require backup plant to provide power when the sun does not shine and the wind does not blow. The only real and low CO2 backups are batteries, however they are horrendously expensive, and make the renewables prohibitively expensive.		The only prices that can be used to assess future power sources is to use current prices for real existing technology. It is ridiculous to propose that non-existing technology will save the day. It is also ridiculous to propose that our future should depend on miraculous "tech breakthroughs".
*Climategate 3 - The latest scandal from the Global Warming Industry*
*Claims that nuclear power costs are high is totally Fake News. Government reports exaggerate cost.*

*The start of the fake reports*		*Again*
The CSIRO GenCost2019-20 report page 15 they state that Small Modular Reactor technology will cost $7140/kW in the late 2020's. However their table in the Appendix page 37 which is used for costing shows a figure of $16304/kW in 2028. For a typical 1000 MW plant this equates to a build cost of $Million 16,304. No explanation is provided on how this huge increase occurred. Is it possible that in line with the ClimateGate3 effect, the price was inflated to make Nuclear power appear uneconomic compared with solar and wind?		CSIRO GenCost 2023-24 Report.pdf, page 32-33 bases nuclear costs on a nuclear power plant constructed in South Korea 2018. The South Koreans have a long record of constructing economical nuclear. The actual costs of nuclear build is multiplied by 2.8 ! They state their justification is that Ultra Supercritical coal plants in Australia cost 2.8 times as much to build as those built in South Korea. In fact NO Ultra Supercritical coal plants have ever been built in Australia, in truth the last coal power station built in Australia was a Subcritical plant way back in 2009 ! CSIRO came to a super high price of $8655 / kW.
*Again and again*
*Again and again*		*The real costs*
Report-2-Nuclear-power-analysis-Final-STC.pdf November 2024 frontier economics. This report is primarily aimed at investigating the economics for the long life of nuclear power stations. They use a cost of $AUD 10,000 / kW for nuclear construction. We believe that as they are accountants, not scientists, that they have probably just taken the CSIRO figures. Using the real build cost of approximately $4400 / kW, the cost / kWh will be halved since the capital cost is the major proportion of costs. They correctly point out that renewable costs / kWh do not account for the intermittent rate of solar and wind.		*The real costs*
		Most western government produced estimates of the cost of nuclear power have chosen to use the most expensive constructions in the world, viz:- Hinkley and Flamanville. These use an EU comittee design that is ridiculously expensive. The Vogtle units are also refenced, these units were re-designed after commencement, halting construction. Further costs were incurred when the builder went bankrupt. These units are therefore not representative constructions. A list of recently finished nuclear power stations and their costs are listed below left. We have calculated the Real cost of nuclear power. South Korea has been building nuclear power stations continually for a long time. They are consistently providing low cost nuclear plants. We have considered recent builds in 2019 and 2023. Allowing for the different construction costs in South Korea, inflation and converting to Australian dollars, the build cost for nuclear in Australia is A$4400 / kW. To compare construction costs we considered recent build costs for gas power stations in both countries. We have used the method and many of the parameters from the CSIRO and AEMO reports to calculate the True cost of nuclear power at A$68 / MWh (only 7c / kWh).

	We provide accurate costs for nuclear and renewable backup, we use other costs from government reports unchecked. We are in the process of checking all costs.