Those sceptical of Peter Dutton’s nuclear plan for Australia, which the Coalition leader announced on Wednesday, demanded details about how much the seven reactors would cost.Those sceptical of Peter Dutton’s nuclear plan for Australia, which the Coalition leader announced on Wednesday, demanded details about how much the seven reactors would cost.
“Policy certainty is important for companies like AGL and ongoing debate on the matter runs the risk of unnecessarily complicating the long-term investment decisions necessary for the energy transition.” “The Coalition’s vision needs over time to be fleshed out with more detail such as around cost, viability and timelines, especially given the long delays and cost blowouts in delivering nuclear in other western economies,” said Innes Willox, chief executive of national employer association Ai Group.
However, Tania Constable, chief executive of the Minerals Council, supported the plans, saying nuclear energy offered industry “a crucial pathway … to reduce emissions cost-effectively while maintaining access to reliable baseload power”. Marilyne Crestias, interim chief executive of the Clean Energy Investors Group, said directing resources towards nuclear energy development did not “align with the urgency of transitioning to cleaner energy sources in a timely and cost-efficient manner”.