New Energy

Nuclear Power Not Cost-Effective in Australia, Science Body Says

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Nuclear power isn’t a cost-effective solution for Australia to decarbonize its energy mix, according to the country’s national science agency.

Atomic energy takes too long to build, the Commonwealth Scientific and Industrial Research Organisation said in an explainer on Monday. The country has never used nuclear power, making any potential roll-out cumbersome and limiting “its potential to play a serious role in reducing emissions,” it said.