ABC News, By political reporter Jake Evans, 5 Feb 24
There are just a handful of regions in Australia shaping up as the most likely candidates for the Coalition's proposal to install nuclear reactors in Australia, as the party eyes retiring coal stations as a way to go nuclear.
Opposition Leader Peter Dutton says he will be up front with voters about where the Coalition is looking to place potential nuclear reactors when the party announces its policy in coming weeks.
Speaking on Channel Seven this morning, Mr Dutton confirmed the party was "interested" in replacing retiring coal plants with nuclear, because the sites come ready with poles and wires to distribute power.
"If there's a retiring coal asset, so there's a coal fired generator that's already got an existing distribution network, the wires and poles are already there to distribute the energy across the network into homes and businesses, that's really what we're interested in," Mr Dutton said.
Doing so would leave just a narrow range of possible regions for a nuclear reactor.
The federal divisions of Gippsland in Victoria, Hunter in New South Wales, Maranoa and Flynn in Queensland and O'Connor in West Australia are the only electorates with coal plants scheduled to completely close in the next two decades.
There are also partial closures scheduled at Callide, Loy Yang and Vales Point in the NSW Central Coast, which would add Labor minister Pat Conroy's electorate of Shortland to the list.
With its policy yet to be announced, it's not clear what the Coalition considers as viable options.
Australia also still has a total ban on nuclear energy in place, which the Coalition would have to win the support of parliament to lift even if it won government at the next federal election.
And there are a number of safety and technical requirements for installing any nuclear reactor, such as geological stability and a readily available source of water.
The national science agency CSIRO has estimated nuclear energy from small modular reactors (SMRs), modern reactors built in a factory and then shipped to a site for installation, would also be more expensive than powering the grid through wind and solar.
The agency projected in its draft GenCost report that wind and solar would cost an average of $82 per megawatt hour by 2030, while SMR nuclear power would cost an average $282 by 2030.
Even if the nuclear ban was lifted tomorrow and a decision immediately taken to commission a nuclear reactor, CSIRO estimates the first SMR would not be in full operation before 2038, ruling it out of "any major role" in reaching net zero emissions by 2050.
Mr Dutton said nuclear reactors would provide a more reliable source of clean energy, and would avoid the need for thousands of kilometres of new transmission lines to be built.
"We need to make sure that we can firm up the renewables that are in the system. We know that of the G20 nations, Australia is the only nation that doesn't have or hasn't agreed to adopt nuclear power domestically," he said.
Prime Minister Anthony Albanese said he looked forward to the Coalition announcing its nuclear policy.
"I look forward as well to [Mr Dutton] arguing where the financing will come for such reactors, whether taxpayers will be expected to pay for this, because we know the cheapest form of energy in Australia is renewables," he said.
"Every ten years there are these proposals ... what never comes is any investment, because it simply doesn't stack up commercially........................................ https://www.abc.net.au/news/2024-03-05/coalition-nuclear-plan-identifies-retiring-coal-likely-sites/103545440
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