Peter Dutton’s vision doesn’t address the climate crisis anytime soon and cost savings are based on a comparison with Labor’s proposal that produces 45% more electricity
Frontier Economic’s report suggests the first nuclear power would enter the grid in 2036 – but many experts say this is wildly optimistic.Frontier Economic’s report suggests the first nuclear power would enter the grid in 2036 – but many experts say this is wildly optimistic.
This is mostly because, under the Coalition, the modelling shows more coal stays in the grid for longer, releasing more CO2. The Australian Energy Market Operator looks at three scenarios for the electricity grid and Frontier based its modelling on two of them – called “progressive change” and “step change”. The Albanese government prefers step change.
The “progressive change” scenario being promoted by the Coalition assumes much slower roll-outs of electric vehicles, rooftop solar and the electrification of homes and businesses. Before a single nuclear energy plant could be built, the Coalition would have to win the next federal election. Dutton has pointed to constitutional powers to override state objections if necessary. He has also noted the openness of SA’s Labor premier, Peter Malinauskas, to nuclear.Dutton claimed the nuclear option would mean “a 44% saving for taxpayers and businesses” but does that translate into cheaper power prices?
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