Zürcher Nachrichten - Nuclear power sparks Australian election battle

EUR -
AED 4.289411
AFN 74.737728
ALL 96.294773
AMD 439.456876
AOA 1070.848862
ARS 1619.703104
AUD 1.655162
AWG 2.101994
AZN 1.986649
BAM 1.952497
BBD 2.350523
BDT 143.420614
BHD 0.44086
BIF 3468.873932
BMD 1.167774
BND 1.487739
BOB 8.063909
BRL 5.955303
BSD 1.166976
BTN 107.739658
BWP 15.65764
BYN 3.406335
BYR 22888.37875
BZD 2.347119
CAD 1.616264
CDF 2687.049065
CHF 0.923003
CLF 0.02664
CLP 1048.486406
CNY 7.976012
CNH 7.975194
COP 4259.737485
CRC 542.85838
CUC 1.167774
CUP 30.946022
CVE 110.763018
CZK 24.378808
DJF 207.53671
DKK 7.472916
DOP 70.825812
DZD 154.620357
EGP 62.187372
ERN 17.516616
ETB 181.7349
FJD 2.58481
FKP 0.88194
GBP 0.869974
GEL 3.135442
GGP 0.88194
GHS 12.862987
GIP 0.88194
GMD 85.247597
GNF 10253.059177
GTQ 8.927896
GYD 244.15754
HKD 9.146592
HNL 31.085712
HRK 7.5374
HTG 152.993968
HUF 375.877973
IDR 19857.128284
ILS 3.606508
IMP 0.88194
INR 107.850449
IQD 1529.784498
IRR 1535623.370134
ISK 143.823111
JEP 0.88194
JMD 183.709211
JOD 0.827988
JPY 184.959089
KES 151.103577
KGS 102.122272
KHR 4687.446775
KMF 495.717702
KPW 1050.984017
KRW 1726.12185
KWD 0.360994
KYD 0.972501
KZT 557.959353
LAK 25647.244146
LBP 104574.19987
LKR 367.857679
LRD 215.106845
LSL 19.402607
LTL 3.448134
LVL 0.706375
LYD 7.409571
MAD 10.866117
MDL 20.095884
MGA 4831.666214
MKD 61.5991
MMK 2452.333787
MNT 4170.802677
MOP 9.415288
MRU 46.829335
MUR 54.616896
MVR 18.053463
MWK 2028.423884
MXN 20.340528
MYR 4.643046
MZN 74.690485
NAD 19.396957
NGN 1609.157634
NIO 42.892523
NOK 11.160467
NPR 172.3862
NZD 2.002512
OMR 0.449013
PAB 1.166966
PEN 3.974812
PGK 5.032962
PHP 69.554939
PKR 325.80962
PLN 4.245374
PYG 7570.19318
QAR 4.257705
RON 5.094296
RSD 117.377689
RUB 91.727879
RWF 1705.534549
SAR 4.382049
SBD 9.398844
SCR 16.486286
SDG 701.832859
SEK 10.849874
SGD 1.486974
SLE 28.785696
SOS 667.385613
SRD 43.854616
STD 24170.572891
STN 25.037084
SVC 10.211724
SYP 129.09671
SZL 19.40257
THB 37.388707
TJS 11.092412
TMT 4.08721
TND 3.377198
TRY 51.988969
TTD 7.91527
TWD 37.055788
TZS 3021.594599
UAH 50.573725
UGX 4317.492567
USD 1.167774
UYU 47.409795
UZS 14281.880908
VES 554.011926
VND 30750.420073
VUV 139.456717
WST 3.235801
XAF 654.812777
XAG 0.015499
XAU 0.000246
XCD 3.155969
XCG 2.103279
XDR 0.816247
XOF 711.17427
XPF 119.331742
YER 278.601803
ZAR 19.105198
ZMK 10511.366094
ZMW 22.319095
ZWL 376.022889
  • CMSC

    0.2400

    22.38

    +1.07%

  • CMSD

    0.2650

    22.555

    +1.17%

  • GSK

    1.3340

    57.174

    +2.33%

  • BCC

    3.7550

    78.465

    +4.79%

  • NGG

    1.9900

    89.51

    +2.22%

  • BCE

    0.2950

    24.125

    +1.22%

  • AZN

    3.7700

    204.58

    +1.84%

  • JRI

    0.1450

    12.835

    +1.13%

  • RIO

    3.4200

    98.08

    +3.49%

  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    1.2500

    17

    +7.35%

  • BTI

    0.9600

    59.76

    +1.61%

  • BP

    -1.6550

    45.585

    -3.63%

  • VOD

    0.3950

    15.705

    +2.52%

  • RELX

    0.7100

    34.07

    +2.08%

Nuclear power sparks Australian election battle
Nuclear power sparks Australian election battle / Photo: Saeed KHAN - AFP/File

Nuclear power sparks Australian election battle

Rich in solar and wind power, and bulging in critical minerals for renewable energy technology, Australia touts itself as a leader in the race to net zero carbon emissions.

Text size:

But a political battle is being waged ahead of Saturday's elections over whether to change Australia's trajectory and add nuclear reactors to the mix for the first time.

The row is reminiscent of the "climate wars" -- a years-long political face-off over the need to slash carbon emissions -- that Prime Minister Anthony Albanese vowed to end when he took power three years ago.

Australia sits on some of the world's largest uranium reserves but it has legally banned nuclear power generation for a quarter of a century.

In the run-up to Saturday's vote, conservative opposition leader Peter Dutton announced a US$200 billion plan to build seven large-scale nuclear reactors by 2050.

His proposal would ramp up gas production, slow the rollout of solar and wind projects, and ditch the clean energy goals set by Albanese's centre-left government.

Dutton says nuclear power would be cheaper and more reliable than renewable energy.

"I haven't committed to nuclear energy for votes. I committed to it because it's in the best interest of our country," he said in a televised leaders' debate.

Interest in nuclear power is growing internationally as nations struggle to cut their dependence on fossil fuels.

Thirty-one countries including the United States, France and Britain have signed up to a pledge to triple nuclear energy capacity by 2050.

- Slow, costly -

Australia is a fossil fuel powerhouse with vast reserves of coal and gas but it is also drenched in sun, with a broad landscape to accommodate wind turbines and solar panels.

The national science agency CSIRO estimates that the nuclear option would be 50 percent more expensive for Australia than renewable energy and take at least 15 years to become operational.

"The total development lead time needed for nuclear means it cannot play a major role in electricity sector emission abatement," it said.

Even countries with decades of experience in nuclear power generation struggle to get plants running on time and on budget.

France started its latest reactor Flamanville 3 in December -- 12 years behind schedule and about 10 billion euros (US$11 billion) beyond its original three-billion-euro budget.

Albanese has embraced the global push towards decarbonisation, pouring public money into the renewable sector.

The share of renewable energy in Australia's electricity generation has increased to record highs in recent years, contributing 35 percent in 2023, government data shows.

- 'Dislocation and rupture' -

The energy industry has largely backed a renewables-first pathway as ageing coal-fired plants are retired.

"We are in a position now where coal-fired power stations are closing -- and they have done a great job for a long time. But they are old and need to be replaced by something," said Clean Energy Council spokesperson Chris O'Keefe.

"The best economic response for Australia right now is to continue on the path we are on. That is, building batteries, solar farms, wind farms," he told AFP.

"What we are seeing is a situation where nuclear energy is being used as an idea to placate the fossil fuel industry and the people they have been traditionally aligned with, but the problem is it will not deliver a single electron for close to two decades," he said.

Dave Sweeney, nuclear power analyst at the Australian Conservation Foundation, said switching the energy strategy now would cause "economic dislocation and rupture".

"Why change horses from renewables when you are halfway there?" Sweeney said. "This is a 1950s piece of policy that is promoting a 1950s sense of technology."

- 'Outdated prohibitions' -

If Dutton's conservative coalition wins the election there would be strong community, local government and stakeholder pushback to nuclear reactors being built, Sweeney predicted.

"It would cause uncertainty, contest, fights and a lack of action around secure and clean energy. We would be back to hostile and conflict-fuelled and unproductive climate and energy wars," Sweeney said.

Still, nuclear supporters say the spotlight on the issue is long overdue.

"Our decades-old nuclear ban no longer reflects the realities of modern reactor technology or the shifting attitudes of Australians," said Kirsty Braybon, a university academic and nuclear law expert at the Nuclear for Australia lobby group.

While other countries were moving ahead with nuclear, Australia was "held back by outdated prohibitions that stifle innovation, jobs and the chance to power a cleaner future", she said.

T.L.Marti--NZN