Official research from Australia’s CSIRO used to support the claim that nuclear is “the most expensive” form of energy has been criticised by Coalition senators.
It comes after federal Labor Energy Minister Chris Bowen posted a video on social media lambasting nuclear as a viable option for Australia’s energy needs, citing the CSIRO’s 2019-20 GenCost report.
The report, which uses data from engineering consultancy Aurecon, claims the capital expenditure for nuclear energy is as high as $16,000/kW.
It then compares this figure to the capital expenditure for wind, which comes in at around $2,000/kW, and solar, which comes in slightly below $2,000/kW….