The agency’s GenCost analysis says a first nuclear plant for Australia would deliver power ‘no sooner than 2040’ and could cost more than $16bn
The Coalition’s pitch on nuclear energy for Australia has had two recurring themes: the electricity will be cheap and it could be deployed within a decade.
CSIRO’s latest GenCost report – a document that analyses the costs of a range of electricity generation technologies – contradicts both of these points. It makes the Coalition’s job of selling nuclear power plants to Australians ever more challenging.
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