Reported at johnmenadue.com: Australia’s nuclear power plans face significant challenges based on the experiences of OECD countries, where the construction of new nuclear power plants has been fraught with high costs and delays.
Costs have ballooned, often doubling initial estimates. The development of nuclear power plants in these countries benefited from existing infrastructure and skilled labor, factors that Australia currently lacks.
These complexities raise doubts over the feasibility of integrating nuclear power into Australia’s energy mix by the 2035-2040 timeline.