
Peter Dutton’s nuclear-plus-coal energy plan will require nearly $100 billion in investment across new nuclear power plants, propping up existing coal-fired power plants and building ultra-efficient new ones, a conservative costing shows, with taxpayers set to bear a substantial amount, if not all, of the cost.
Crikey’s costing of the Coalition policy — which Dutton has steadfastly refused to release the details of — relies on the construction from scratch of six new nuclear power plants by 2040, to which Dutton has committed, the maintenance of a number of existing coal-fired power plants beyond their closure dates to 2040, and the construction of three new 1,000 MW coal-fired power plants to meet additional power demand and security of supply in the absence of further investment in renewables.
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