‘First-of-a-kind’ premium and doubts about costs coming down over time could bump nuclear power pricetag
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Energy experts have warned the cost of building nuclear power plants in Australia could be more than double what the CSIRO has suggested, based on international experience.
A draft GenCost report – the national science agency’s annual assessment of electricity costs – this week again found nuclear electricity would be far more expensive than solar and wind energy backed by “firming” technology.