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Energy structure optimization start, australia to build nuclear reactors?

Source: xkb.com.au
[Current News]     23 May 2020
government Morrison recently proposed in a new discussion paper that research into "emerging nuclear technologies" as part of Australia's future energy structure, which includes a high-profile technology investment roadmap.
Energy structure optimization start, australia to build nuclear reactors?

Gorgon (Gorgon) Natural Gas Project (located on Barrow Island (Barrow Island), Western Australia. Figure: Wiki)


government Morrison recently proposed in a new discussion paper that research into "emerging nuclear technologies" as part of Australia`s future energy structure, which includes a high-profile technology investment roadmap.

The Australian government has launched the Energy Structure Planning Roadmap as structural planning road map as the basis for a common government 2050 reduction strategy.

The new framework will set government investment priorities for emission reduction technologies in 2022,2030, and 2050, but the report makes it clear that government will only support & quot; encourage widespread voluntary emission reductions & not severely punish polluters.

The discussion report, released Thursday, presents a range of potential technologies for future deployment, including small modular nuclear reactors. The report says emerging nuclear technologies & quot; have potential, but need to be developed and deployed & quot;..

The report makes it clear that while this prospect is clearly stated, it also suggests that engineering, cost and environmental challenges, as well as social acceptance of Australia`s nuclear power generation, are key determinants of future nuclear power generation in Australia.

Energy structure optimization start, australia to build nuclear reactors?

In addition to advocating for the development prospects of hydrogen energy, the report mentions the importance of negative emission technologies, including carbon capture and storage, soil carbon and tree planting.

This week, government expressed interest in using the existing A $2.5 billion mitigation fund to support CCS projects (Carbon capture and storage` carbon collection and storage`), a move supported by the Australian oil and gas industry. Carbon dioxide formation filtration "offers a significant opportunity to reduce gas exports "—— the Gorgon project, for example, is reported. Australia`s emissions growth is mainly due to short-term emissions from the booming LNG export industry.

The report is also optimistic about the long-term outlook for natural gas, both for export and domestic use, although it drives emissions growth, unlike renewable energy. Citing a statement from the International Energy Agency (International Energy Agency), the report said a shift from coal to natural gas could provide a "accelerator" for global emissions reductions and could reduce emissions from the electricity sector by 10 per cent.

The report also describes LNG exports as & quot; an important low-emission export opportunity & quot;," domestic natural gas will play an important role in balancing renewable energy, increasing and reducing supply-demand matching. quot;&

The report does acknowledge that solar and wind -- renewable technologies -- now & quot; expect solar and wind prices to be cheaper than new thermal power in all time ranges by 2050& quot;.. but it also presents a warning that & quot; firm costs remain a major issue and more needs to be done & quot;..

& quot; For example, renewable energy has not been widely deployed as a source of power generation for large, always online industrial loads that require stable power supply. & quot; the report says energy storage, possibly large-scale batteries, dams or & quot; coal reserves & quot; or & quot; gas pipelines & quot;, will be critical to maintaining the affordability and reliability of any grid.


Environmental Sustainability Australia`s Electric Vehicle Strategy

Energy structure optimization start, australia to build nuclear reactors?

The report also points to & quot; upcoming & quot; National Electric Vehicle Strategy, which will support & quot; consumer choice & quot;. as new technologies go public

While the previous government model assumes that electric vehicles will account for 25% to 50% of new vehicle sales by 2030, the document argues that & quot;2030 years ago emission reduction potential is limited by the [slow] turnover & quot; of Australian light vehicle fleets and technical readiness to support emission reductions in heavy vehicle fleets.

The report identifies short-, medium- and long-term objectives. The document says that in the short term, government will support the investment needed for new generation, energy storage and transmission to & quot; balance & quot; record investments in renewable energy.

The medium-term goal of the government is & quot; build energy storage and transmission infrastructure and industrial electrification, while expanding the domestic hydrogen energy industry & quot;, long-term goal is & to build new export-oriented industries in the global low-emission economic, including industries using hydrogen energy and carbon capture and storage & quot;..

According to the report, private capital will drive this shift, but it advocates government "supportive" role. According to the report, government can take greater risks than private investors "and can directly assess these benefits, including for disadvantaged Australians and regional residents ".

"government support for innovation in the energy sector means that the public can benefit more quickly from this innovation by reducing energy costs, creating safer and more reliable energy systems, reducing emissions faster or creating new sources of employment and growth. "

The energy minister Angus Taylor (Angus Taylor) said in a statement that the road map meant more than just reducing emissions. "This is about developing technologies that support job growth ," he said. "

"This is about supporting new industries, which will help our regional communities and local economic flourish. Another option is to sign long-term goals without a clear plan. Doing so would penalize energy-intensive industries and reduce economic activity.

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