The Clean Energy Recipe:
The ideal clean energy recipe is science based, fact based, and ultimately, business based.
Ingredients:
- 25% Wind and Solar/PV (EROI <5);
- 25% Waste to Energy (EROI <20);
- 25% Hydro (EROI < 35);
- 25% Bio and hydrogen based systems (EROI 1:1 These are energy transport systems. NB, does not include burning trees);
- 25% Thorium Molten Salt - Nuclear Fission. (EROI 2000:1 - that's not a typo: Two thousand to One).
Method:
- Take a suitable portion of each and mix according to local conditions and timing (for instance Switzerland today can be hydro today but in 30 years time needs to be nuclear);
- Match price per kWh with internationally accepted Austrian based economics (fully internalised, lifecycle costs);
- Arrive at normalised cost of energy under 1 euro cent per kWh;
- Live happily ever after.
PS, what's EROI? Read here for more:
The evolution of molten salt reactors | ANSTO
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