Electricity and Climate Change


For the kids, vote Climate.


Nuclear “ain’t the cheapest form of power.”
Senator Matt Canavan (National Party), December 2024

“Nuclear is not going to cut it. I mean, we’re as guilty of this too – we’re not serious. We’re latching onto nuclear,” he told the National Conservative Institute.

“I fully support getting the ban (lifted) … but we’re latching on to it as a silver bullet, as a panacea because it fixes a political issue for us, that it’s low-emission and it’s reliable. But it ain’t the cheapest form of power.”


“For the seventh year in a row, renewables have the lowest cost range of any new electricity generation …”

Australia’s CSIRO publishes an electricity generation cost projection (GenCost) report each year. The report includes forecasts for the costs of electricity from firmed renewables (wind and solar with added storage), large-scale nuclear reactors and Small Modular [nuclear] Reactors (SMRs).

The final 2023-24 report shows, allowing for a range of cost forecasts, that the dearest firmed renewables power is cheaper than the cheapest-possible nuclear power.

The draft 2024-25 report indicates that the forecast cost of SMRs is going up as further problems are found and costed. Firmed renewables are still much cheaper.

Final GenCost 2023-24 report – https://publications.csiro.au/publications/publication/PIcsiro:EP2024-2021

Draft GenCost 2024-25 report – https://www.csiro.au/en/research/technology-space/energy/Electricity-transition/GenCost