If the Coalition wants any chance of winning the next election, they’ll have to legalise nuclear energy and assure voters our economy won’t rely on intermittent wind and solar power and pie-in-the-sky green pipedreams like “clean hydrogen” – a toxic recipe for blackouts, higher energy prices and further job losses in heavy industry and manufacturing.
This is why ADVANCE has just released a new report and fact sheet outlining the case for nuclear in Australia. Download your free copy here!
Highlights from the fact sheet include:
Australia is an outlier when it comes to nuclear:
Out of the top 20 electricity consuming countries, Australia is the only one that has prohibited nuclear power. Thirty per cent of America’s energy needs and 75 per cent of France’s is generated by nuclear power plants and there has never been an incident. In fact, France is now building more nuclear power plants as they try to reduce emissions while ensuring energy is cheap enough for manufacturers.
Australia has more uranium than any other country on Earth:
Australia has 30 per cent of the world’s uranium deposits with 1.8 million tonnes, well over double the reserves of the second most uranium-rich nation, Kazakhstan. In fact, in 2019-20 Australia exported $688 million worth of uranium – enough to generate 290 terawatt hours or 109 per cent of Australia’s domestic energy needs.
Nuclear fuel is dense:
One golf ball worth of uranium will provide all the energy needs in a person’s lifetime compared with 17,000 cubic feet of natural gas, one tonne of coal or 120 gallons of oil.
Nuclear is better for the environment:
To those concerned about carbon emissions, nuclear generated four times less emissions than solar power. Nuclear also produces power with a far smaller footprint. For instance, the land required to produce Australia’s annual electricity generation with nuclear would be 150 square kilometres compared with 8000 kilometres with solar, 14,000 kilometres with hydro and 33,000 kilometres with wind.
Nuclear energy produces cheaper electricity:
Over the last decade, Australia’s energy costs have doubled, driving up cost of living and killing our manufacturing. In Europe it's clear that those nations which produce most of their power from nuclear, such as France and Slovakia, have much cheaper power than those that rely on intermittent renewables, such as Germany and Denmark.
Nuclear technology is small, cheaper and lasts longer:
Small modular reactors are now small enough to be delivered by truck and can power a decentralised grid. Each mini plant can power around one million homes, perfect for Australia’s towns and regions. Britain has recognised as much, after announcing it will back Rolls-Royce mini nuclear plants in its drive to net zero.
Nuclear power is the most reliable energy source:
The capacity factor of nuclear energy is far higher than any other form of energy. They require less maintenance and less refusing. For example, while wind and solar only produce power 35 per cent and 30 per cent of the time, respectively, nuclear produces power 93 per cent of the time.
Nuclear power is one of the safest energy sources around:
Compared to coal, oil, gas and biomass, nuclear boasts far lower death rates. Although anti-nuclear activists tend to use examples like Chernobyl or Fukushima to discredit nuclear energy, Chernobyl was caused by abysmal safety procedures unique to the Soviet Union, while Fukushima was a product of Japan’s questionable decision to put a nuclear plant on the coast of one of the world’s most volatile tectonic fault lines.
Nuclear waste is not an issue:
On average, the waste from a reactor supplying a person’s electricity needs for a year would be about the size of a brick. Only 5 grams of this is high-level waste about the same weight as a sheet of paper and can be safely stored in steel containers encased in concrete.
Removing the ban on nuclear only takes the flick of a pen:
The government can follow the lead of the Minerals Council, which found that the “nuclear ban can be reversed with a single amendment to the Environment Protection and Biodiversity Conservation Act 1999 (Commonwealth). The removal of four words – ‘a nuclear power plant’ – in Section 140A(1)(b) would allow nuclear industries to be considered for development in Australia.”
Get on with it, ScoMo!
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