CANBERRA: Australia is to hit its Paris climate change targets and lower carbon emissions it needs to think seriously about nuclear energy, lobbyists say, but the safety risks coupled with its economic viability have former supporters doubting its future in Australia. Australia’s commitment to the 2015 Paris climate agreement – which aims to reduce emissions by 5 per cent below 2000 levels – has increased the pressure to reduce the electricity industry’s emissions levels, and nuclear energy has been put forward as a way to reach decarbonisation of the network. Robert Parker, who is a current committee member and former president of the Australian Nuclear Association, said nuclear energy could play a major role in Australia’s decarbonisation if it is used along with renewable generation such as wind, solar and pumped hydro storage.
“With our current energy mix we won’t get to the decarbonisation of the grid by 2050,” Mr Parker said, pointing to the role of coal and gas in providing grid security as more renewables enter the energy landscape. Mr Parker said there was the potential to replace Victoria’s brown coal-fired power stations with nuclear reactors once they had reached the end of their operating life. He said the infrastructure was already in place to rapidly build and operate a nuclear power plant. If you give a shit about carbon emissions, then you don’t give up on anything,” Mr Parker told Fairfax Media.
Friends of the Earth national nuclear campaigner Dr Jim Green said the cost of nuclear power had made it unviable.With the possible exception of carbon capture and storage, nuclear power would be the most expensive and least effective way of reducing emissions in Australia,” Dr Green told Fairfax Media. The estimated cost of reactors under construction in the UK is $20 billion each. The estimated cost of reactors under construction in France and Finland has risen to $16 billion each. Energy efficiency and conservation programs, coupled with renewable energy expansion, can sharply reduce emissions in Australia – far more quickly and cheaply than nuclear power. Government won’t move until a real business case is presented and none has been, to my knowledge, and there aren’t votes in trying to lead the debate,” he told Fairfax Media. He said nuclear was no longer lower cost than renewables and the levelised cost of electricity of the two was rapidly diverging. While nuclear could provide zero emissions energy, Mr Switkowski said this was more than offset by community concerns about waste and safety. Support for nuclear is everywhere except from the generators and financiers who would have real skin in the game.” Mr Parker said Mr Switkowski was wrong. I disagree with Ziggy fundamentally on nuclear energy for Australia, as no one can ever miss the boat,” he told Fairfax Media.He held up France as a nation that has committed to nuclear energy. Nuclear power currently accounts for nearly 75 per cent of all energy generation in the country, and aided France in reducing its emission levels.
