Earlier quoted context omitted.
Reasons why Australia doesn't and won't have nuclear: 1. Nuclear is a more expensive sources of energy than our alternatives (uranium ore is a small proportion of the cost stack, and Australia would still need to import nuclear fuel) 2. Nuclear isn't commercially viable in energy markets with very high levels of variable renewable energy where they have to be economically curtailed on an almost daily basis (our coal…
I have never understand the economics argument. Either climate change and global warming are serious issues, and then slightly more expensive electricity should not matter - or they are not serious issues and we can keep burning coal and oil.
The additional pumped storage needs of solar and wind are more than offset by their vastly lower cost.
If nuclear power could compete on a level playing field it'd be great but it sucks up subsidies like nothing else and puts the taxpayer is fully on the hook for dealing with all and any 800 billion dollar fukishima events.