Solar, wind Australia's cheapest electricity options, nuclear most expensive: report

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Solar, wind Australia's cheapest electricity options, nuclear most expensive: report

STORY: Solar, wind Australia's cheapest electricity options, nuclear most expensive: report SHOOTING TIME: Dec. 22, 2023 DATELINE: Dec. 23, 2023 LENGTH: 00:00:50 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of solar panels 2. various of wind farm 3. various of electricity paper bill STORYLINE: Electricity generated by solar and onshore wind farms is the cheapest in Australia, a report from the national science agency has found. The Commonwealth Scientific and Industrial Research Organisation (CSIRO) on Thursday published the draft of its annual GenCost report for 2023-24, forecasting the generation cost of electricity from various sources through to 2030. According to the report, a mix of wind and solar power in 2023 would generate electricity at a maximum cost of 134 Australian dollars (90.1 U.S. dollars) per megawatt hour (MWh), the lowest of any technology explored in the report. In 2030, the CSIRO projects that wind and solar generation will cost a maximum of 100 Australian dollars (67

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