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Nuclear too slow to replace coal by 2035

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Energy executives say the development of nuclear power in Australia will be too slow to replace ageing coal-fired power plants in the next decade, as Climate Change Authority chairman Matt Kean accuses “delay-mongers” of latching onto the idea for a publicity stunt.

But beyond the urgent phase of the energy transition to renewables and gas-fired power, some executives and the energy market operator said nuclear should be left on the table as a potential energy source for Australia in the long term to keep up with rising power demand from consumers and businesses.

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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com

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    Original URL: https://www.afr.com/policy/energy-and-climate/nuclear-too-slow-to-replace-coal-by-2035-20241021-p5kjzg