NUCLEAR ENERGY AND RENEWABLES

I back science, economics, and private industry when it comes to Australia's energy transition.

This means supporting the continued rollout of renewable energy with storage as the backbone of our lowest-cost pathway as set out in the independent Roadmap by the Australian Energy Market Operator (AEMO).

Evidence-based approach

We are successfully utilising our natural advantages in sun and wind to drive the energy transition revolution. Renewables already accounts for almost 40% of our electricity delivery in Australia.

Private industry is taking the opportunity and leading the transition including storage technologies to enable reliability.

Nuclear energy in Australia will be too slow to deliver with a 15+ year timeframe from the time of a decision to proceed and is too expensive as it is the most expensive form of new energy (CSIRO GenCost 2023-24 Report). It will deliver too little of our energy needs unless the growth of renewables is constrained, including switching off existing and future rooftop solar.     

Independent Roadmap vs Coalition's taxpayer-funded Nuclear Plan

AEMO has set out Australia's energy transition Roadmap (AEMO's 2024 Integrated System Plan) confirming that renewable energy firmed with storage and backed-up is our lowest-cost pathway to a net zero economy. It has the support of private industry including the National Farmers' Federation and the Australian Steel Institute.

In contrast, the Coalition has introduced a nuclear power plan. This plan is not just a nuclear plan, it is a burn coal for longer + restrain renewables + taxpayer-fund a nuclear build plan. This is the "mix" Peter Dutton is promoting while demonising experts – it is not rational and is a "lose-lose" scenario for cost and climate. 

Let's continue to apply commonsense, science and economics to follow the cheapest and cleanest pathway.