Coalition’s claim of cheap power and quickly built reactors is at odds with real world experience of other countries
A security officer stands in front of the third reactor of the nuclear power plant Olkiluoto, in western Finland. In 2002 the country’s parliament voted to add a fifth nuclear reactor, but it did not come online until 20 years later.A security officer stands in front of the third reactor of the nuclear power plant Olkiluoto, in western Finland. In 2002 the country’s parliament voted to add a fifth nuclear reactor, but it did not come online until 20 years later.
The most recent GenCost report estimates a theoretical small modular reactor built in 2030 would cost $382 to $636 per megawatt hour. It says this is much more expensive than solar and wind, which it puts at between $91 and $130 per MWh even once integration costs are included. “That is no doubt one reason why global investments in stationary batteries outpaced investments in nuclear in 2023,” he said.On Tuesday, Dutton said he would soon reveal six potential sites for nuclear reactors around Australia – likely to be close to, current or retiring coal-fired power stations.
Dutton and O’Brien have both said there are 30 economies around the world using nuclear and “50 more” that want to. The full cost of the project isn’t known, and the country did not have to worry about selecting sites , passing legislation through parliament – including to create regulatory bodies – or gaining environmental approvals.17,000 workers from Pakistan, Bangladesh, the Philippines, India and other developing countries had been brought in to work at the reactor sites. Another 3,000 South Koreans were also working on the plants, the newspaper said.
As for uranium reserves, he said: “Yes we have uranium, but we do not have processing/concentrating. That is very specialist. It would be quite a leap to start doing that here.”, Danish political scientist Bjørn Lomborg said the news media made it feel as though “climate change is making the planet unliveable” but such an impression was “wildly misleading”.
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