Nuclear power 'would save about $150bn' THE inclusion of nuclear power in Australia's electricity generation mix could reduce power prices by 20 per cent and save about $150 billion from now until 2050 in greenhouse gas abatement costs and the health costs of burning fossil fuels, an analysis of future energy options has found. The findings will be presented to an Australian Technology Sciences and Engineering conference in Sydney today. The two-day conference will include national and international experts, who will discuss the financial, social and economic issues surrounding nuclear energy. The report was based on analysis of two recent models of Australia's future electricity generation mix to 2050, the Department of Resources, Energy and Tourism's energy white paper (2012), and the CSIRO's web-based modelling tool eFuture.