Article 6MZ41 CSIRO puts cost of new nuclear plant at $8.6bn as Coalition stalls on policy details

CSIRO puts cost of new nuclear plant at $8.6bn as Coalition stalls on policy details

by
Graham Readfearn
from on (#6MZ41)

Report finds nuclear energy more expensive than renewable alternatives and calculates costs for large-scale reactors for first time

Electricity from nuclear power in Australia would be at least 50% more expensive than solar and wind, according to a report from the CSIRO that has for the first time calculated costs for large-scale reactors.

The federal Coalition, which has claimed nuclear would provide cheap electricity, is still to reveal any details on its nuclear policy after initially promising it would make an announcement in time for last week's federal budget.

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