Policy & Planning

Labor springs surprise nuclear power committee to call Coalition bluff on energy policy

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The Labor government has sprung a surprise on the last sitting of the winter parliament by establishing a parliamentary select committee to inquire into the viability of nuclear power.

The committee is not designed to support any shift in Labor government policy, but more to call out the Coalition bluff, and fill in the the lack of details, and costings, of its own nuclear power plans.

The committee has been proposed and will be chaired by Labor’s Dan Repacholi, the MP for the Hunter region which is host to one of seven sites identified by Opposition leader Peter Dutton and energy spokesman Ted O’Brien for their nuclear power plants.

The committee is expected to report by April 30, but given that the next federal election is now almost certain to be held in May next year, it can also issue an interim report.

Its term of reference are focused on the unknown and contested parts of the Coalition’s nuclear policy, including the costs and timeframes of both large scale and small modular reactors, its potential share of the country’s energy mix, water and waste issues, enrichment capabilities, and state and federal regulations.

The committee will have a majority four members appointed by the government, two from the opposition and one cross-bencher. O’Brien sought to make it three government and 3 opposition, but the motion failed.

The decision to create the committee comes just weeks after Dutton failed to outline details of his nuclear power plans at a CEDA event where he was expected to do just that. His claims that nuclear will deliver cheaper prices to consumers, and that the first reactor can deliver power by 2035, have been rejected by virtually everyone in the energy industry.

Federal energy and climate minister Chris Bowen told parliament on Thursday that nuclear is clearly the most expensive form of energy.

Bowen said O’Brien had refused an invitation to debate the issue on ABC’s Q&A program. I said yes, he said no,” Bowen said.

“Report after report shows that the Oppositions plan will push prices up. Professor Rod Sims said maybe $200 a year. Dr Dylan McConnell said $400 or $500 a year. Dr Roger Dargerville said $1,000 a year. And of course, we’ve also seen the report from IEEFA which said $665 a year on average.”

Repacholi told the house earlier on Thursday that he had been “out and about in the Hunter electorate” listening to people about the opposition’s proposed nuclear scheme.

“One thing that has been absolutely clear is that people have many questions. Whether they support or oppose the scheme, the questions raised by Australians show that they want more detail. Right now, the information Australians need to fully understand the proposal is simply not there.”

In a shock move early this morning, leader of the House Tony Burke moved a motion to establish the inquiry which would report back by April 30, 2025, but it can issue an interim report.

Giles Parkinson is founder and editor-in-chief of Renew Economy, and founder and editor of its EV-focused sister site The Driven. He is the co-host of the weekly Energy Insiders Podcast. Giles has been a journalist for more than 40 years and is a former deputy editor of the Australian Financial Review. You can find him on LinkedIn and on Twitter.

Giles Parkinson

Giles Parkinson is founder and editor-in-chief of Renew Economy, and founder and editor of its EV-focused sister site The Driven. He is the co-host of the weekly Energy Insiders Podcast. Giles has been a journalist for more than 40 years and is a former deputy editor of the Australian Financial Review. You can find him on LinkedIn and on Twitter.

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