Dutton told the Today show on 21 June: “In Ontario, for example — they have 60 per cent nuclear in the mix there, their electricity prices are a quarter of what it is here in Australia”.
But 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.