As the shift away from fossil fuels gathers pace, the Coalition has turned to an emissions-free technology with a long and contentious history — nuclear fission. These are the numbers you should keep in mind when thinking about its place in Australia’s energy transition.
I encourage you to at least glance through the article before you leave a comment that other commenters will dunk on you for.
Nuclear power’s already much more expensive than every other mainstream option, and the gap is widening every year. In twenty years time it’s going to be so much more expensive it’ll be ridiculous. No one’s going to want to buy power for several times the cost of all the other options.
The idea’s not only dumb - it’s completely commercially unviable.
Remember it’s not really about building nuclear, it’s about promising nuclear in a short enough timeframe to prevent investment in renewables, and then keeping the date moving steadily into the future until maybe 20 years later a reactor is built. It’s about giving 20 more years to coal (and coal has the most radioactive exhaust of any power generation technology)
But I thought they were supposed to be good economic managers
Unviable, unless they subsidise their nuclear mates.