Powering Australia with nuclear energy would cost roughly twice as much as renewables, CSIRO report shows
By energy reporter Daniel Mercer and national regional affairs reporter Jane NormanPosted 8h ago8 hours ago, updated 34m ago34 minutes agoCSIRO's chief economist breaks down the cost of nuclear energy in AustraliaLink copied
- In short: Australia's leading scientific organisation found it would cost at least $8.5 billion to build a large-scale nuclear power plant in the country.
- In its latest GenCost report, CSIRO estimates nuclear power to be at least 50 per cent more expensive than wind and solar power backed by batteries.
- What's next? CSIRO's chief economist Paul Graham says nuclear power could not be provided in Australia in time to meet the deadline for ending coal-fired power.
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- Nuclear to cost $17b and twice as expensive as renewable energy
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