http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.12Change: 0.06
R/$ = 10.51Change: 0.02
Au 1308.30 $/ozChange: 9.42
Pt 1479.50 $/ozChange: 6.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Dec 01, 2011

Any new disaster could spell the end of nuclear industry – economist

Back
DURBAN|Energy|Nuclear|Renewable Energy|Renewable-Energy|Safety|System|America|China|Germany|India|Japan|COP|USD|Japan-based Nuclear Facility|Electricity System|Energy|Energy Sector|Long-term Energy Option|Nuclear|Nuclear Energy Seminar|Jan Keppler|Power
|Nuclear|Renewable Energy|Renewable-Energy|Safety|System|||||Energy|Nuclear||Power
durban|energy-company|nuclear-company|renewable-energy|renewable-energy-company|safety|system|america|china|germany|india|japan|cop-currency|usd|japan-based-nuclear-facility|electricity-system|energy|energy-sector|long-term-energy-option|nuclear-industry-term|nuclear-energy-seminar|jan-keppler|power
© Reuse this



The Fukushima Daiichi disaster that struck Japan in March following a major earthquake and tsunami would slow nuclear power growth and another big accident could mean the end of nuclear as a long-term energy option, despite the relative safety of the technology, Organisation for Economic Cooperation and Development (OECD) Nuclear Energy Agency principal economist Jan Keppler said this week.

The accident had a major impact on Japan’s energy and electricity system, he said at a Department of Energy nuclear energy seminar on the sidelines of the seventeenth Conference of the Parties, or COP 17, in Durban.

In addition to the immediate loss of 9.7 GWe nuclear power, 10 GWe of power derived from fossil fuels was also lost. Shortly after, 3.5 GWe at another Japan-based nuclear facility in Hamaoke was shut down.

Electric capacity was made worse by routine shutdowns and regional resistance, with the estimated costs of the disaster at $300-billion.

He added that there might be a renewed polarisation between developed and developing countries, that would see OECD Europe and America decrease nuclear shares, while nuclear development in China and India were likely to increase.

Germany’s to phase out nuclear as part of wider restructuring of the energy sector, reduced output by 1 804 TWh from 17 reactors with 20.5 GW capacity, Keppler said. Producing this amount with nuclear would have cost €30.2-billion.

“In OECD Europe, the ability of nuclear to integrate with renewable energy sources is key, since shares of renewable will increase and network management becomes of greater importance.”

However, Keppler said a lack of alternatives at a large scale and increasing energy demand in many countries still supported inclusion of nuclear power owing to its economic competitiveness.

Over the long-term, rising electricity prices would mean that nuclear would be a competitive solution for baseload electricity production, if financing costs could be controlled and carbon was appropriately priced.

But, the Japanese accident strongly affected public opinion and would slow nuclear development in the medium term.

“Overall, the ability to rebuild trust with the public will determine the future of nuclear,” Keppler said.

He said the world had to pay more attention to external natural events such as seismic events and tsunamis, and severe accident management and emergency preparedness needed to be improved.
 

Edited by: Mariaan Webb
© Reuse this Comment Guidelines
 
 
 
 
 
 
 
 
Other Electricity News
Blue Label Telecoms, in conjunction with online partner Prepaid24, has launched a new mobile app to enable users to recharge electricity and airtime on the go and at any time. The Prepaid24 Mobile App, which is available for Android, Blackberry or Windows device...
Mike Rossouw
Eskom’s appointment of former mining executive Mike Rossouw on a one-year, extendable assignment appears to be closely associated with Public Enterprises Minister Lynne Brown’s appeal for “extraordinary” steps to be taken to deal with the “unsatisfactory”...
Global revenues from solar energy operations could double from $59.84-billion in 2013 to $137-billion in 2020, new analysis from Frost & Sullivan shows. The consultancy’s ‘Global Solar Power Market’ report says the total global installed solar photovoltaic (PV)...
More
 
 
Latest News
Responding in writing to a recent Parliamentary question by the Democratic Alliance, Transport Minister Dipuo Peters has provided an update for each of the country’s 13 bus-rapid transport (BRT) systems, noting that each network is at a different stage of...
The South African Real Estate Investment Trust (SA Reit) Association has called on the Competition Commission to intervene in undesirable exclusivity clauses in retail leases that were allowing retailers to stifle market share. The association’s members, which...
ADAM HABIB University of Witwatersrand vice-chancellor and principal Adam Habib
The first of a series of 15 public debates exploring options for the implementation of the National Development Plan (NDP) was officially inaugurated at the University of the Witwatersrand (Wits) School of Governance this week. In association with the Oliver and...
More
 
 
Recent Research Reports
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
 
 
 
 
 
This Week's Magazine
Multinational semiconductor chipmaker corporation Intel announced its national campaign to further acquire partners to drive its She Will Connect programme, an initiative that aims to expand digital literacy skills to young women in developing countries, further into...
South Africa's MeerKAT radio telescope array programme should get back on schedule within a few months. This assurance has been given by SKA South Africa (SKA SA) associate director: science and technology Prof Justin Jonas. Early last month, Science and Technology...
The Passenger Rail Agency of South Africa’s (PRASA’s) Metrorail service will remain a subsidised service following its current multibillion-rand rolling stock, station, depot and signalling upgrade programme. PRASA group CEO Lucky Montana has allayed fears that...
GARYN RAPSON Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will open the door for court battles to determine who will be held liable for the remediation
The uncertainties around the remediation of affected areas as addressed in the Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will possibly spark litigation and disputes between landowners and businesses, contractors...
South Africa is currently the largest component of the African Development Bank’s (AfDB’s) active portfolio in Southern Africa, comprising 62.5% of the bank’s $7.9-billion exposure to the 12-country region – the second largest beneficiary is Mauritius, which...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks