From reneweconomy.com.au: Peter Dutton’s claim that a nuclear energy system will provide electricity at 44% lower costs than a renewable-based system is criticised as misleading due to several accounting inconsistencies in cost assessments.
Dutton’s cost estimates for nuclear construction are significantly lower than actual costs, while ignoring additional energy costs from petrol and gas, and deferring expenses related to replacing old coal plants.
The analysis suggests that the Nuclear Power plan may actually result in higher overall costs, conflicting with Dutton’s assertions of savings.