Nuclear, as part of a cheaper, cleaner and consistent energy future.

Learn more about Australia's Energy Problem
The Coalition's Plan for Affordable, Reliable Energy
The $642 billion cost of Labor's plan

Australia's Energy Problem

Australia is facing a huge gap in its ability to provide reliable and affordable electricity.

In 2023, fossil fuels contributed 63% of Australia’s electricity, and renewables contributed 37%. Solar and wind have been growing and will continue to play an increasingly important role in our energy mix.

However, there are limitations, because these energy sources only produce electricity when the wind is blowing and the sun is shining. And though we can store some of this energy in batteries or dams, storing very large amounts of electricity is very expensive.

Australia needs an energy system that supplies the right amount of energy all the time. Failure to do so results in blackouts and higher energy bills.

Our economy and the essential services we rely on, such as hospitals, telecommunications, water and sewerage and public transport cannot function without electricity that is 100% reliable.

While the percentage of coal in our energy mix has steadily declined, it continues to provide essential baseload power.

This means consistent electricity, around the clock – including when the sun doesn’t shine or the wind doesn’t blow.

Under Labor, 90% of this 24/7 baseload power will be forced out of our energy grid by 2035, without any guarantee of a like-for-like replacement.

The Australian Energy Market Operator is warning of the increased risk of reliability gaps, meaning blackouts or brownouts. Power bills have increased by up to $1,000 more than the Albanese Government promised.

Labor’s all-eggs-in-one-basket ‘renewables only’ approach wrongly assumes that one technology class alone can do the job.

Yet Labor’s renewable energy target – 82% renewables by 2030 – is considerably behind schedule. Labor's climate target of 43% emissions reduction by 2030 has become unachievable.

A plan is needed to reduce power prices and secure clean, cheap and consistent energy for Australians.

Read our plan for zero-emissions nuclear energy

Get the facts on nuclear

Download the fact sheet

The $642 billion truth about Labor's energy plan

The Albanese Labor Government's renewables-only plan will cost at least $642 billion. This is over fives times more expensive than previously claimed by Labor.

An independent economic assessment by Frontier Economics has revealed the true cost of Labor's plan. You can read their report here or download our fact sheet below.

Download our fact sheet

Nuclear makes sense for Australia

Learn more about why we need nuclear

Did you know?

Out of the world's 20 largest economies, Australia is the only one not using nuclear energy, or moving towards it.

What the experts have said...

"From the engineering point of view, [nuclear] ticks many boxes. It is unequivocally zero emissions during operation and the emissions associated with construction are low. It integrates smoothly with our existing electricity grid and contributes to frequency control and system strength."
Alan Finkel
Former Chief Scientist
Sydney Morning Herald, 23 March 2024
“Renewables are likely to be the end game, but if the technological breakthroughs do not come quickly enough, then in coming decades Australians will be faced with skyrocketing electricity prices or an energy supply shortfall.

Nuclear provides the obvious back-up option."
Committee for Economic Development of Australia (CEDA)
Australia's Nuclear Options, November 2011
“We are not ever going to get beyond about 50 per cent renewable energy and continue to have the type of energy use in a modern society that we have today, so where is the other 50 per cent going to come from? If it really is going to be zero carbon, then it is going to need to come from nuclear.”
Professor Barry Brook
University of Tasmania
The Australian, 23 October 2021
"Nuclear power has an excellent safety record. Since commercial operations began in the late 1950s, the death rate from accidents and air pollution is as low as the death rate from solar and wind power and much lower than the death rate from coal power.”
Alan Finkel
Former Chief Scientist
Sydney Morning Herald, 23 March 2024
"[Nuclear] has almost zero-emissions, its technology is proven and we have an abundant supply of uranium - the world’s largest reserves - already being mined and exported to other countries to use as a low emission energy source.”
Committee for Economic Development of Australia (CEDA)
Australia's Nuclear Options, November 2011

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