Good morning,

Business leaders have criticised the Coalition’s rollout of an uncosted plan to develop a major ­nuclear industry , airing concerns that price, construction complexity and community opposition will prove significant hurdles to the power station plan.

And as Eric Johnston explains, the entry of a large government-backed entity with commercially questionable motives pumping nuclear power into the grid (optimistically), threatens to put serious complication over the energy sector’s long-term investment case and billions already being allocated. 

Meanwhile, major energy players have warned that not enough gas projects are being built to avoid supply shortages, with Energy Minister Chris Bowen ruling out subsidies for the sector, saying operators make “a lot of money”.