One Nation commits to coal-fired power and lifting nuclear ban in Victoria

One Nation, a political party in Victoria, has pledged to maintain coal-fired power plants and lift the ban on nuclear energy if they secure victory in the upcoming state election, scheduled for November. The party made these energy policy announcements at the Loy Yang A power station in Gippsland, which is set to close in 2035.

Energy experts have expressed concerns about the high costs associated with nuclear energy in Australia. At the announcement, One Nation leader Pauline Hanson and state leader Warren Pickering visited the Loy Yang A power station in the Latrobe Valley, east of Melbourne. Pickering stated that the party would not allow the closure of Loy Yang A as planned in 2035.

The party's rationale for opposing the closure of coal plants is attributed to government policies that discourage maintenance. Pickering acknowledged that they have not discussed the matter with Loy Yang A's owner or the potential costs to the state government. One Nation intends to encourage the industry's own investments in infrastructure for future security.

The party aims to eliminate the 1983 ban on nuclear power in Victoria, offering Victorians the chance to participate in nuclear technology advancements. These innovations could include thorium nuclear micro-reactors or a nuclear facility on the eastern seaboard, with Victoria benefiting from such development. Energy experts have criticized One Nation's proposals, highlighting the high costs and risks of unreliable energy supply.

Grattan Institute energy program director Tony Wood noted that the aging coal-fired power stations, such as Loy Yang A, will become less reliable despite increased investment, posing risks to grid reliability and potentially leading to blackouts. Wood emphasized that cost remains a significant barrier for nuclear energy investment.

Victoria Energy Policy Centre director Bruce Mountain suggested that the removal of renewable energy zones might not have substantial effects, as these zones do not guarantee renewable energy production and do not provide new rights or permits for development. Victorian Minister for Energy and Resources, Jacyln Symes, warned that reversing the ban on nuclear power could lead to significant costs, a lengthy construction period, and rising energy prices. She also expressed concern over the potential environmental impact of nuclear waste disposal.