nuclear energy

The minister announced new auction targets for renewable generation to fast-track Australia’s energy transition.

‘We’ve got to onshore a lot of the capabilities that we’ve lost,’ said Juliann Edwards, chief development officer of The Nuclear Company.

Dutton acknowledged that it will require a significant upfront cost but said the plan will cost a fraction of the government’s $1.3 trillion plan.

Bowen has timed his piece two days before Dutton is expected to speak before the Committee For Economic Development of Australia about his nuclear plans.

Australia has the most uranium reserves in the world followed by Kazakhstan and Canada.

Waste management infrastructure for nuclear power plants is essential because reactors produce waste that is deadly if mismanaged.

Nuclear energy expert Oscar Archer suggested the CSIRO had ’made errors that misrepresent the costs of nuclear versus other energy sources.'

The research body claims renewable energy is still cheaper than nuclear, Coalition Leader Peter Dutton disputes this.

‘Threats to electric grid reliability are growing due to environmental regulations, policies from state legislatures and agencies,’ Rep. Jeff Duncan says.

Plans to explore the construction of a new plant have been laid out by the Department for Energy Security and Net Zero in a strategic roadmap.

Australia did not sign an international pledge to triple nuclear energy capacity by 2050 at COP28.

In the declaration, the 22 signatory countries pledge to ’support the development and construction of nuclear reactors.’

‘Net zero needs nuclear power,’ said the director-general of the International Atomic Energy Agency.

Energy Minister Chris Bowen said a nationwide transition from coal-fired power stations to nuclear will cost $387 billion.

“A unicorn and a fantasy,” the Minister Chris Bowen said

This article outlines a Government Accountability Office report on continued barriers reactor developers perceive when interacting with the Nuclear Regulatory Commission.