http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.69Change: -0.08
R/$ = 12.39Change: -0.02
Au 1169.60 $/ozChange: -2.29
Pt 1064.00 $/ozChange: 2.80
 
 
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 Tenders Suppliers Directory Research Jobs Announcements Letters 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
Nuclear|Renewable Energy|Renewable-Energy|Safety|System|Energy|Power
Nuclear|Renewable Energy|Renewable-Energy|Safety|System|Energy|Power
nuclear|renewable-energy|renewable-energy-company|safety|system|energy|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
Creamer Media Senior Researcher and Deputy Editor Online
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Electricity News
A theoretical analysis conducted by a leading global renewable-energy company indicates that electricity generated from a combination of South African wind and solar resources “closely follows” the country’s electricity demand profile and could, therefore, make a...
Article contains comments
Wind energy is around half of all renewable energy currently produced in South Africa. As we lurch from one day of load shedding to the next, the sector is showing no sign of losing speed, rather the opposite. SA Wind Energy Association CEO Johan van den Berg told...
Nigeria's Transcorp plans to spend $1.575-billion from 2016 to 2018 to raise its power generation capacity to 2 500 megawatts (MW) from 610 MW now, the company said on Thursday. Transcorp, which also has interest in hotels, oil and gas, said it expected the...
More
 
 
Latest News
State-owned entity Transnet National Ports Authority (TNPA) has started the registration process for its integrated port management system (IPMS), which is scheduled to go live in the Port of Durban at the end of July. TNPA started issuing registration instructions...
The development of rural road infrastructure and public transport services remains critical to the delivery of South Africa’s – and other African States’ – developmenta agenda, requiring meticulous planning that ties in with the socioeconomic needs of the host...
South Africa-focused mineral explorer and developer White Rivers Exploration (WRE) has signed a memorandum of understanding (MoU) with Windfall Energy to facilitate the joint exploration and development of WRE’s Heilbron and Kroonstad gas assets in the Witwatersrand...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
NHLANHLA NENE The main constraints to economic growth are domestic
Finance Minister Nhlanhla Nene earlier this month stated that, while South Africa’s 2015 economic growth target of 2% was achievable, it was not enough to deliver the tax revenue needed to combat the country’s challenges.
The World Steel Association has published the 2015 edition of the World Steel in Figures report, which shows an increase in steel production as well as provides an overview of steel industry activities from crude steel production to apparent steel use.
The 25-year master plan for Gauteng’s Aerotropolis project will go through a process of approval and adoption during June and July, says Aerotroplis project manager Jack van der Merwe. “We are also in the process of putting together a special purpose vehicle (SPV) to...
SOLAR PANELS The existing buildings in the Coega Industrial Development Zone lent themselves well to rooftop solar panel installations
The Coega Development Corporation (CDC) plans to fit 15 of its buildings, totalling 127 000 m2 of roof space, in the Coega Industrial Development Zone (IDZ), in the Eastern Cape, with solar panels.
The Supreme Court of Appeal’s (SCA’s) November 2014 judgment, ordering steel producer ArcelorMittal South Africa (AMSA) to hand over the 2003 Environmental Master Plan for its Vanderbijlpark steel plant to environmental pressure groups, confirmed the right of civil...
 
 
 
 
 
 
 
 
 
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
Subscribe Now for $96 Close
Subscribe Now for $96