Study highlights potential price volatility increase in Australia's energy market if nuclear power is excluded.
A study suggests nuclear power offers price stability, benefiting large industrial users. When Germany & France removed nuclear capacity, price volatility increased 5-15% & 5% respectively. As Australia focuses on wind & solar power, wholesale price volatility may rise. The study proposes Australia consider measures to mitigate price volatility if nuclear power is excluded from its energy mix.
July 03, 2024
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