Two reports that suggest nuclear power would push up power bills by hundreds of dollars and leave as much as half of Australia's energy demands unmet are being used by the government to tighten the screws on the Coalition over its nuclear proposal.
In May the … CSIRO estimated nuclear power would cost roughly double the price of other renewables, and it would take at least 15 years for the first nuclear plant to be delivered.
… the cost per megawatt hour for nuclear would be roughly the same as coal and gas, but even at its cheapest would cost more than solar and wind power, at roughly $155 per MWh compared to $134 for solar power. Commercially unproven small modular reactors were estimated to be even more expensive, costing at least $387 per MWh.
Here’s the bottom line: