The figure adds fuel to the growing political dispute over the pace and form of Australia’s energy transition
The government said the new analysis showed a minimum of 71 small modular reactors – providing 300MW each – would be needed if the policy were to fully replace the 21.3GW output of Australia’s retiring coal fleet.
“This is due to the estimated capital cost of $18,167/kW for [small modular reactors] in 2030, compared to large scale solar at just $1,058/kW, and onshore wind at $1,989/kW.” “Peter Dutton and the opposition need to explain why Australians will be slugged with a $387bn cost burden for a nuclear energy plan that flies in the face of economics and reason,” Bowen said.
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