Senate inquiry nixes nukes. Here’s why

Renew Economy, Jim Green 15 August 2023
The Senate Environment and Communications Legislation Committee released a report into nuclear power last Friday.
The majority report, endorsed by Labor and Greens Senators, argued against nuclear power and against the repeal of Howard-era legislation banning nuclear power in Australia.
A dissenting report by Coalition Senators argued for repeal of the legislation banning nuclear power.
The majority report concludes that repeal of the legal ban “would create an unnecessary escalation of risk, particularly given Australia is able to utilise readily available firmed renewable technology to secure a reliable, affordable and clean energy system for Australia’s future.”
The majority report gives the following reasons for its conclusions:………………………………………………………………….
Coalition Senators’ dissenting report
The Coalition’s dissenting report was endorsed by Senators Matthew Canavan and Gerard Rennick (Qld), Alex Antic and David Fawcett (SA), Hollie Hughes and Ross Cadell (NSW), Richard Colbeck (Tas), and Matt O’Sullivan (WA).
The Coalition has yet to state clearly that it will repeal laws banning nuclear power if elected, but it’s only a matter of time. The nuclear push has the full support of opposition leader Peter Dutton.
The Coalition Senators argue in their dissenting report that nuclear power is expanding worldwide – it is popular; it is important and perhaps essential to underpin the AUKUS nuclear submarines project; SMRs are the bees knees; promoting low-carbon nuclear proves that the Coalition is serious about greenhouse emissions reductions; and renewables are unreliable and more expensive than nuclear.
Is nuclear power growing? No – it has been stagnant for the past 30 years and if there’s any non-trivial change over the next 20 years, it will be downwards.
Just 16 per cent of the world’s countries operate nuclear power reactors (31/195), so clearly the Coalition Senators are wrong in describing Australia as a nuclear “outcast.”
Nine per cent of the world’s countries are building reactors (17/195), 91 per cent are not. Only six countries are building more than two reactors.
The International Energy Agency (IEA) expects record global renewable capacity additions in 2023 amounting to 440 gigawatts. Nuclear power has gone backwards so far in 2023, with a net loss of one reactor or 2.4 gigawatts.
The IEA projects that in 2027, renewable electricity generation will have increased to 38 per cent of total global generation. Nuclear power has fallen below 10 per cent and will likely never reach double figures again.
Economics
The Coalition Senators’ dissenting report makes a number of absurd economic claims.
It cites Tony Irwin from the SMR Nuclear Technology company, who claims that the costs of nuclear and solar are “basically the same.” He bases his calculation on the assumption that a “small-body reactor” would generate 13 terawatt-hours (TWh) of electricity per year.
But reactors generate about 7.2TWh per 1,000 megawatts (MW) of capacity, so a 300MW reactor (the upper end of the range for SMRs) would generate about 2.2TWh – nearly six times less than Irwin claims.
The Coalition has yet to state clearly that it will repeal laws banning nuclear power if elected, but it’s only a matter of time. The nuclear push has the full support of oppositi
Is nuclear power growing? No – it has been stagnant for the past 30 years and if there’s any non-trivial change over the next 20 years, it will be downwards.
Just 16 per cent of the world’s countries operate nuclear power reactors (31/195), so clearly the Coalition Senators are wrong in describing Australia as a nuclear “outcast.”
Nine per cent of the world’s countries are building reactors (17/195), 91 per cent are not. Only six countries are building more than two reactors.
The International Energy Agency (IEA) expects record global renewable capacity additions in 2023 amounting to 440 gigawatts. Nuclear power has gone backwards so far in 2023, with a net loss of one reactor or 2.4 gigawatts.
The IEA projects that in 2027, renewable electricity generation will have increased to 38 per cent of total global generation. Nuclear power has fallen below 10 per cent and will likely never reach double figures again.
Based on that nonsense, Irwin goes on to make the equally absurd claim that until legislation banning nuclear power is removed, “Australia’s power system will continue to be constrained at great cost to the economy.”
SMR Nuclear Technology also fed economic nonsense to a federal parliamentary inquiry in 2019/20. As RenewEconomy editor Giles Parkinson noted, the company’s claim that 100 per cent renewables would cost four times more than replacing coal with nuclear was based on “Mickey-Mouse modelling” by a husband and wife team who used absurd figures for solar and wind and admitted to deliberately ignoring anticipated cost reductions.
Of course there’s no need for Tony Irwin, SMR Nuclear Technology director (and coal baron) Trevor St Baker, or any other nuclear enthusiast to get their facts straight. As long as their claims fit the narrative, they will be parroted by the Coalition and by the Murdoch/Sky echo-chamber.
The dissenting report cites John Harries from the Australian Nuclear Association complaining that CSIRO GenCost reports aren’t “looking at the actual builds happening around the world at the moment.”
Be careful what you wish for, John. Does the nuclear lobby really want to draw attention to the six- to twelve-fold cost blowouts in reactors under construction in the US, the UK and France, with the latest cost estimates ranging from $A25-30 billion per reactor?
The dissenting report concludes that: “If nuclear is more expensive than alternatives, as the CSIRO and others claim, then legalising nuclear energy will not change anything because investors will choose to build the cheaper options.”
However there isn’t a single reactor project in the world that isn’t propped up by state support and taxpayer subsidies.
In the UK, the government insisted that reactors would not be subsidised, but the UK National Audit Office estimates that taxpayer subsidies for two reactors under construction at Hinkley Point – the only reactor construction project in the UK – could amount to £30 billion (A$58.6 billion) while other credible estimates put the figure as high as £48.3 billion (A$94.4 billion).
A dog whistle to climate denialists
The Coalition Senators’ dissenting report claims that nuclear must be in the mix “if we are serious about the reduction of emissions to meet targets”.
But the Coalition isn’t serious about reducing greenhouse emissions. ……………………………………….
Promoting nuclear power doesn’t provide the Coalition with any cover or credibility. The Climate Council, comprising Australia’s leading climate scientists, speaks for those of us with a genuine interest in reducing greenhouse emissions. The Council issued a policy statement in 2019 concluding that nuclear power plants “are not appropriate for Australia – and probably never will be”…………..
https://reneweconomy.com.au/senate-inquiry-nixes-nukes-heres-why/
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