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Submission to Legislative Council Environment and Planning Committee Inquiry into nuclear prohibition

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journal contribution
posted on 11.09.2020 by DYLAN MCCONNELL
The development of nuclear power capacity in the Victoria electricity system faces significant barriers. In this submission I focus on the challenges and barriers facing the financing nuclear of power plants in competitive wholesale electricity markets in Australia. The two key and inter-related points are:

• The generations profile and cost are a poor fit for the evolving Australian market
• The financing of nuclear power stations face structural challenges in liberalised electricity markets