Australia’s leading science organisation, CSIRO, has published its latest GenCost report, reaffirming that the cost of building a nuclear power plant in Australia would likely be double that of renewable energy projects. The report also highlights that nuclear power plants, while benefiting from long lifespans, offer minimal financial advantage and would operate at a capacity similar to coal-fired plants. It comes as federal opposition leader Peter Dutton prepares to unveil the much-anticipated costings on the Coalition’s nuclear power policy this week.
