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Home World Australia

What we know about the Coalition’s nuclear power costings

12 December 2024
in Australia
What we know about the Coalition’s nuclear power costings
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Coal and gas-fired power plants will continue operating longer under the coalition’s $330 billion nuclear transition plan, which includes building seven nuclear power plants by the mid-to-late 2030s. The plan aims for renewables to make up over half of Australia’s energy grid by 2050, with nuclear accounting for just under 40 percent. However, some experts argue that nuclear energy is not cost-effective compared to renewables, with concerns raised about the impact of delaying coal power station closures on carbon emissions.

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