Peter Dutton’s nuclear plan could cost as much as $600bn and supply just 3.7% of Australia’s energy by 2050, analysis suggests

Coalition proposal would cost a minimum $116bn – the same as Labor’s plan for almost 100% renewables grid by 2050, industry organisation saysFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Coalition’s pledge to build seven nuclear reactors as part of its controversial energy plan could cost taxpayers as much as $600bn while supplying just 3.7% of Australia’s energy mix by 2050, according to the Smart Energy Council.The analysis found the plan would cost a minimum of $116bn – the same cost as delivering the Albanese government’s plan for 82% renewables by 2030, and an almost 100% renewable energy mix by 2050.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...

Jun 25, 2024 - 13:30
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Peter Dutton’s nuclear plan could cost as much as $600bn and supply just 3.7% of Australia’s energy by 2050, analysis suggests

Coalition proposal would cost a minimum $116bn – the same as Labor’s plan for almost 100% renewables grid by 2050, industry organisation says

The Coalition’s pledge to build seven nuclear reactors as part of its controversial energy plan could cost taxpayers as much as $600bn while supplying just 3.7% of Australia’s energy mix by 2050, according to the Smart Energy Council.

The analysis found the plan would cost a minimum of $116bn – the same cost as delivering the Albanese government’s plan for 82% renewables by 2030, and an almost 100% renewable energy mix by 2050.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...

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