Controversial Economic Modeling in Nuclear Energy Costings

The Liberal Party says it wants the next election to be a referendum on energy.

After months of waiting, Opposition Leader Peter Dutton finally released the costings for his $331 billion nuclear power plan.

The modelling suggests the nuclear plan would be $264 billion cheaper than Labor’s renewables rollout, and deliver lower energy prices for consumers.

But Dutton’s plan contradicts the CSIRO's new GenCost report, which found a nuclear power plant would likely cost twice as much as renewable energy, with the agency also warning a fully operational fleet of nuclear reactors could not be expected before 2050.

Today, national correspondent for The Saturday Paper Mike Seccombe on how the Coalition’s modelling stacks up – and whether it matters to voters hungry for lower power bills.

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Guest: National correspondent for The Saturday Paper, Mike Seccombe.

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