Nuclear power doesn’t stack up says The Australia Institute
- jamessnow321
- Oct 18, 2019
- 1 min read
A nuclear power station being built in the UK should serve as a warning for Australia’s ambitions, a new report has warned.
The Australia Institute has rejected suggestions Australia should adopt nuclear power, saying it just doesn’t stack up.
The progressive think tank will appear before a parliamentary inquiry today on whether nuclear is a feasible solution for the country’s future energy needs.
It has released a report today saying nuclear generators are expensive compared with other forms of power and “essentially uninsurable” so risks would be borne by the public.
Even new designs like small modular reactors were “economically speculative” and still in development.
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