, a technology that is not yet proven, but which the shadow minister for energy, Ted O’Brien, says could be “
Let’s unpack the pros and cons of nuclear power, the obstacles to getting it up and running in Australia by the mid-2040s, and the longer-term prospects.From a purely engineering perspective, there is no better source of zero emissions electricity than nuclear power. The reasons are many.Nuclear power plants can dispatch electricity when requested and they are directly compatible with the 50 cycles a second alternating current electricity system.
After that, we would need to beef up the regulatory system, find the first site, find and license the first operator, approve and issue construction contracts, establish a waste-management system, establish the decommissioning rules and decommissioning fund, run the environmental and safety regulatory gamut, train a workforce, respond to the inevitable protests and respond to the inevitable legal opposition all the way to the high court.
The trouble is, there are no SMRs operating in the UK, Europe, Canada, the US or any other OECD country. Nor are any SMRs under construction or approved in an OECD country.
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