Many Issues With ‘Junk’ GenCost Reports: Construction Boss

The director of a construction company in Queensland labelled GenCost reports “a load of junk,” pointing out many problems with them. GenCost reports provide insights into electricity generation and storage costs in Australia by peak science agency, CSIRO, and the Australian Energy Market Operator (AEMO). Government agencies and ministers often use GenCost reports as a reference to promote renewable energy policies, however, many energy experts have raised concerns about the accuracy of the reports. According to the latest publication (pdf), solar and wind were the cheapest newly built electricity technology, while nuclear was the most expensive. At a recent inquiry hearing on nuclear energy, Bob McCosker, the director and founder of the construction company McCoskers Contracting with 40 years of experience in the industry, said the information presented in GenCost reports was unreliable....