The opposition says it will release the costings of its nuclear policy on its own timeline, but its ambitious claims have raised fresh doubts.
Opposition Leader Peter Dutton is refusing to release the costings of his nuclear energy policy, despite claiming a national fleet of reactors would slash power bills.
Britain’s Hinkley Point C plant, which was announced in 2007 with an estimated $18 billion price tag, is set to be completed 13 years late at a cost of $90 billion. The institute said household energy bills for a medium-sized household could rise between $450 and $1154 a year in NSW and Victoria, based on current energy bills in those states. Bigger families would pay more.a grid drawing 90 per cent of its power from renewables would deliver the cheapest electricity at between $89 and $128 per megawatt hour by 2030. It included $40 billion of transmission lines, batteries and pumped hydro in the renewables calculation.
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