More misinformation from CSIRO on Nuclear

Energy Minister Chris Bowen loves going on and on about how renewables are so much cheaper than nuclear energy and the media loves repeating the message. But where does Minister Bowen get this from? It all comes from the CSIRO’s annual GenCost report, in which they collaborate with the Australian Energy Market Operator to update the cost estimates of new-build electricity generation, storage and hydrogen production with (they claim) a strong emphasis on stakeholder engagement.

This report estimates the cost a private investor would face for each generation technology, including wind, solar, coal, gas and many more… just not large-scale nuclear reactors. The CSIRO decided to exclude large-scale nuclear from their analysis and instead only present the costs for small modular reactors (or SMRs). This might seem a bit odd given that large-scale nuclear is a proven technology used in over 30 countries worldwide, while SMR technology is still under development.

Let's dive in and find out why the CSIRO decided to exclude large-scale nuclear.
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