Edit to add: heh, the CSIRO eh? That bastion of truth.
Edit to add: heh, the CSIRO eh? That bastion of truth.
Please do tell what is wrong with the CSIRO GenCost.
Nuclear power has the opposite spread of ruinously expensive CAPEX and acceptable OPEX.
I would say the pandemic shows that you do not need to account for every possibility. Humanity is amazing at adapting itself and finding new solutions to the problem at hand, rather than wasting all our resources trying to prevent the next made up disaster.
This is why we model with 10 year winters, X00 year floods or similar. Fix reasonable problems, leave the tail risk as tail risk. The worst that happens are rolling blackouts until the grid adapts, which is no different than any other outage due to grid maintenance or someone cutting a cable with a digger.
It mostly happened because covid hit at the same time.