Exclusive: Blueprint Institute says nuclear ban should be lifted, but disagrees with Coalition opposition to green energy rollout
A model of a small modular reactor designed by Rolls-Royce. They could used to help Australia meet its emissions targets, the Blueprint Institute argues.A model of a small modular reactor designed by Rolls-Royce. They could used to help Australia meet its emissions targets, the Blueprint Institute argues.
“This means a drastically accelerated deployment of batteries, solar, onshore wind, pumped hydro, and gas, along with a corresponding build out of transmission infrastructure,” the report says. It says its modelling found cutting emissions from the electricity grid by more than 98% without nuclear or CCS could result in an “extreme increase” in costs to consumers of up to $20.2bn a year.
“By the middle of the century we may well have many more technologies to choose from, maybe even nuclear. But in this case the modelling has some weird assumptions leading to bizarre conclusions.”Policy Centre, said the report’s findings had “no great policy weight” because it was impossible to accurately predict the cost of cutting emissions from the grid in the long-term given technological change was happening so rapidly.
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