Hidden costs? Cheaper energy? ‘Farcical’ locations? Debunking the hype around nuclear.

One of the biggest claims the Coalition makes is that nuclear energy could bring down the price of electricity in Australia.

Tim Buckley, director of think tank Climate Energy Finance, questioned how a form of energy that would produce “zero” electricity for the next 15 to 20 years, could bring down power prices.

He believes the Coalition’s nuclear strategy could increase electricity prices by 20-50 per cent over the next decade because of the need for more government intervention and funding to extend the life of coal plants.