Q: On nuclear energy, with your criticism of Anthony Albanese’s $600 billion claim for your nuclear program, you said in fact it will cost around $116 billion, just to build the plants… (That’s a CSIRO based figure of the upper level of the plan)
On Frontier modelling with the specification of using A P1,000 reactors made by Westinghouse, relatively cheap compared to other models. Your frontbenchers David Littleproud and Ted O’Brien have said repeatedly the Coalition will not build those types of reactors in locations where there is no water. They’ll use dry-cooled reactors perhaps and they cost up to four times more according to the World Nuclear Association. How can you say that you know the specific cost of your nuclear plant when you haven’t finalised the models you’ll you use?
Dutton:
Frontier Economics, as you know, is the most accomplished and most credible economist in the country when it comes to modelling the energy market. They’re a firm used by Labor, including Premier Malinauskas in South Australia. What does their analysis say about the offerings of two parties? Firstly, they say that Labor’s renewables-only policy will cost an additional $263 billion on top of what our policy will cost.
They conclude that our policy will be 44% cheaper than Labor’s. So that means electricity costs will go down. And in relation to our east-coast gas reservation, they say the whole sail price of gas will come down by 23%. Now, Frontier has assumed costings, as you made reference to the CSIRO, as they have, in relation to the cost, which will be averaged out. So you’ll have a look at the different sites and the point in relation to the policy is that we’ll take expert advice on the best fit for those seven sites.
Loading form…