SYDNEY – With Australia facing mounting pressure on its energy grid, a new report underscores the urgent need for a reliable, long-term solution to address rising energy prices, grid instability, and looming gas shortages—challenges that nuclear power is uniquely positioned to solve.
According to recent analysis by energy research firm Rystad Energy, Australia is confronting a "perfect storm" of energy vulnerabilities – including power shortfalls, declining gas production, and infrastructure limitations that threaten grid stability.
Several eastern states are already experiencing gas supply constraints, with Victoria's offshore fields in steep decline and insufficient capacity to prevent price volatility. Despite plans to add 3 GW of battery and pumped hydro storage by year-end, the intermittent nature of renewable energy continues to expose Australia to one of the world's most unpredictable electricity markets.
The consistently slow roll-out of renewable energy infrastructure, plagued by planning delays and community opposition, has failed to keep pace with Australia's growing energy demands, further undermining grid reliability.
"Nuclear energy offers a proven, zero-emissions solution to these pressing challenges," said Will Shackel, founder of Nuclear For Australia. "Relying solely on gas and renewables risks leaving Australians with an unreliable and expensive energy system."
The analysis further suggests that infrastructure delays and ongoing supply chain disruptions could hinder renewable and storage projects, making nuclear power essential for ensuring a balanced and dependable grid.
"Australia cannot afford to gamble on its energy future," Shackel added. "Nuclear power plants can provide consistent, affordable electricity, support regional jobs, and reduce our reliance on volatile gas markets."
Nuclear For Australia is calling for the removal of Australia's longstanding nuclear ban or risk falling behind the rest of the world.
Key Facts:
- Independent research by Rystad Energy shows a 17% shortfall in the delivery of renewables
- Australian families are confronting a perfect storm of energy vulnerability threatening higher energy bills for consumers & rolling blackouts
- By ignoring nuclear energy, the Government is putting Australia’s future growth at risk and leaving Australia significantly behind other advanced economies
About us:
Nuclear for Australia is a grassroots movement with over 90,000 supporters.
Our goal is to advance the public debate as to the peaceful use of nuclear science, technology and applications.
Contact details:
W: www.nuclearforaustralia.org.au
E: media@nuclearforaustralia.org.au
M: +61 474 473 493