Opposition Leader Peter Dutton has proposed a significant shift towards nuclear power in Australia, aiming to reverse long-standing bans on nuclear reactors if the Coalition is elected. Dutton asserts that nuclear energy would provide a “cheaper, cleaner, and more consistent” alternative to both coal and Labor’s proposed renewable energy systems, with plans to invest over $300 billion to establish nuclear facilities at multiple sites across various states.
However, experts have raised concerns regarding the feasibility and actual costs associated with this nuclear initiative. Critics argue that the proposal might not deliver the promised financial savings, suggesting that it could result in higher emissions by increasing reliance on coal and gas compared to Labour’s strategies.
Additionally, a timeline for the construction of nuclear plants presents further challenges. While the Coalition aims to have its first reactor operational by 2035, experts believe a more realistic timeframe could extend well into the 2040s due to necessary legislative changes and the development of infrastructure.
Prime Minister Anthony Albanese has firmly opposed the Coalition’s nuclear ambitions, asserting that scientific advice does not support Dutton’s claims regarding costs and timelines. He emphasised that the analysis indicates the Coalition’s nuclear plan is unlikely to be viable for Australia’s energy needs.