Thorium Disadvantages (2017) - Explains difficulties with liquid thorium reactor research in the USA. 46:53

Yes New Zealand is run on a lot of renewable resources, but these are owned by just a few which means more or a monopoly and set prices are high.

And why would thorium be any differentin that respect? You think people are going to have private thorium reactors in their backyard or the existing monopolies won't continue to charge artificially high prices just because now they have a new power plant? Hell no, they'll probably raise prices under the guise of recoopong the cost of that reactor. It's a monopoly, why would they lower prices...

You know how it's possible to break that monopoly? Put some PV on your roof and buy two Tesla power packs. Presto, you have your own power supply in your backyard. That's one thing that thorium can't do...

I get that PV is more expensive in NZ, which is a bummer, but when you're paying $0.25-$0.28+/kWh PV is a lot easier to pay back. I would venture to guess that it's still cost competitive when you do a life cycle cost analysis, even at those prices. Are there no PV incentives?

Or wait a few years and PV will be cheaper. It's only going to get cheaper. Same with battery storage, they are both dropping in price at amazing rates.

Again, thorium is super cool and probably should more towards that for the base loading power plants of the grid, but until then solar is a great alternative that will only get better with time. Solar is the competition you seem to be looking for.

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