Major parties overconfident in nuclear costs: experts

Press/Media

Description

AAP FactCheck - Australians don't know how much they would end up paying for nuclear energy as major parties push questionable price claims ahead of the election.

Labor has put a $600 billion price tag on the opposition's plan to build seven nuclear reactors across five states on the sites of coal-fired power stations.

Meanwhile, the coalition claims its nuclear plan is 44 per cent cheaper than the Albanese government's plan to transition the grid to renewables, backed up with storage and gas.

But the debate is mired in cherry-picked figures and flawed comparisons.

Experts told AAP FactCheck that nuclear costs are highly uncertain, and the estimates cited by politicians on both sides are incomparable.

Period3 Apr 2025

Media coverage

1

Media coverage

  • TitleMajor parties overconfident in nuclear costs: experts
    Degree of recognitionNational
    Media name/outletAAP
    Media typeWebsite
    Country/TerritoryAustralia
    Date3/04/25
    DescriptionAAP FactCheck - Australians don't know how much they would end up paying for nuclear energy as major parties push questionable price claims ahead of the election.

    Labor has put a $600 billion price tag on the opposition's plan to build seven nuclear reactors across five states on the sites of coal-fired power stations.

    Meanwhile, the coalition claims its nuclear plan is 44 per cent cheaper than the Albanese government's plan to transition the grid to renewables, backed up with storage and gas.

    But the debate is mired in cherry-picked figures and flawed comparisons.

    Experts told AAP FactCheck that nuclear costs are highly uncertain, and the estimates cited by politicians on both sides are incomparable.
    Producer/AuthorMatthew Elmas
    URLhttps://www.aap.com.au/factcheck/major-parties-overconfident-in-nuclear-costs-experts/
    PersonsTom Longden