Published by Commonwealth Scientific and Industrial Research Organisation CSIRO

for Commonwealth Scientific and Industrial Research Organisation CSIRO  

Key points

  •    Nuclear power does not currently provide an economically competitive solution in Australia.
  •    Lead author of GenCost, Paul Graham, says updated costs for a key project in the US have been found to be very high.
  •    The costs for small modular reactors (SMRs) could improve over time, but will be too late to make a significant contribution to achieving net zero emissions.