http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.18Change: -0.04
R/$ = 10.53Change: -0.03
Au 1292.72 $/ozChange: -11.48
Pt 1469.50 $/ozChange: -12.00
 
 
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  
 
 
Feb 08, 2013

SA to reach nuclear 'point of no return' by June

Back
SECURITY|Africa|Components|Energy|Eskom|Gas|Nuclear|Safety|Security|System|Waste|Africa|Security|Energy|Security|Waste Management|Environmental|Infrastructure|Power|Security|Waste
SECURITY|Africa|Components|Eskom|Gas|Nuclear|Safety|Security|System|Waste|Africa|Security|Energy|Security|Waste Management|Environmental|Infrastructure|Power|Security|Waste
security|africa-company|components|energy-company|eskom|gas-company|nuclear-company|safety|security-company|system|waste-company|africa|security-facility|energy|security-industry-term|waste-management-industry-term|environmental|infrastructure|power|security-person|waste
© Reuse this



South Africa is likely to reach a “point of no return” with regard to a proposed new nuclear energy build programme by June this year, Department of Energy (DoE) director-general Nelisiwe Magubane revealed on Friday.

She was speaking at the South African Nuclear Energy Corporation’s (Necsa’s) Pelindaba site, west of Pretoria, following a meeting with the International Atomic Energy Agency’s (IAEA’s) director-general Yukiya Amano, who is in South Africa as part of the agency’s infrastructure assessment mission.

Magubane said the country was progressing through the various milestones endorsed by Cabinet ahead of any nuclear decision and indicated that that government still considered the solution as central to meeting the policy objectives of supply security and reducing the country’s carbon footprint.

South Africa’s current Integrated Resource Plan (IRP) for the period 2010 to 2030 envisaged the deployment of 9 600 MW of new nuclear capacity between 2023 and 2030. However, delays to the process meant that the first new nuclear capacity was unlikely to enter the system by 2023 as initially envisaged.

In addition, the IRP was due for review, with most energy-sector observers having noted that it is no longer aligned with changes in the global electricity sector, notably in the low proportion of generation capacity allocated to natural gas. In addition, the demand-growth assumptions were unlikely to be met, owing to far slower economic growth and rising power prices.

Nevertheless, Magubane indicated that a nuclear determination was likely to be published by Energy Minister Dipuo Peters in March, which would be followed by a decision on a build programme by June.

This decision would be overseen by the National Nuclear Energy Executive Coordination Committee (NNEECC), which is chaired by Deputy President Kgalema Motlanthe.

The NNEECC comprised political and technical components and included Ministers and directors-general from DoE, the National Treasury, the Department of Public Enterprises, the Department of Trade and Industry, the Department of Science and Technology and the Department of Environmental Affairs. Representatives from Eskom, which has been designated as the owner-operator of any new nuclear power plants, Necsa and the National Nuclear Regulator have seconded staff to its technical committees.

The DoE had commissioned consultants to interrogate the cost and financing options associated with the development, which some have estimated could involve an investment of up to R1-trillion.

Those cost projections together with the possible financing frameworks would be delivered to the NNEECC by June and would be used to inform any procurement process that could arise.

Amano, meanwhile, was in South Africa as part of an Integrated Nuclear Infrastructure Review (INIR) mission, through which IAEA experts had been requested to conduct an independent assessment of South Africa’s nuclear infrastructure and its readiness to pursue major new developments.

The INIR had been identified by government as a critical milestone ahead of any investment decision and/or public consultation process.

The IAEA mission followed on from a South African self-assessment report, which was completed in mid-2012 and which had been submitted to the IAEA team.

The IAEA experts, who visited South Africa between January 30 and February 8, had already compiled a preliminary report, which was handed to government at 11:00 on Friday, February 8.

The review, which is not legally binding, assessed the country’s readiness to start purchasing, constructing and operating nuclear power plants and is based on an evidence-based questionnaire covering 19 key nuclear issues, from funding and financing through to security and waste management.

Amano said South Africa was the first African country to undertake such an assessment and the first country with existing nuclear capacity to do so.

This, he argued, demonstrated South Africa’s commitment to pursuing a responsible programme in a transparent manner.

Details of possible policy, technical, regulatory, safety, security and skills gaps were not immediately divulged, but Magubane said that government was committed to making the results public once the final IAEA report became available.

Amano praised government openness, saying that it was important for the credibility of the nuclear industry for both the good and the bad news to be shared.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines
 
 
 
 
 
 
 
 
Other Construction News
Jeff Radebe
Updated 5 hours ago Cabinet approved the five-year Medium-Term Strategic Framework (MTSF) of government on Wednesday, which would serve as the “building block towards the 2030 vision in the National Development Plan (NDP)”. The MTSF, which covers the period 2014 to 2019, reportedly...
Updated 7 hours ago The liquidated Kyalami race circuit was bought by Porsche SA at auction for R205-million in Johannesburg on Thursday. The auction, which lasted only around one minute and 50 seconds, fetched the highest price for a single lot in South African history.
JSE-listed construction firm Group Five on Wednesday announced that it expected its fully diluted headline earnings per share (HEPS) for the year ended June 30 to be between 20% and 30% higher, at 382c to 414c, than the fully-diluted HEPS of 318c achieved during the...
More
 
 
Latest News
Updated 4 hours ago Despite a degree of ambiguity around the transfer of small business-focused promotion programmes from under the auspices of the Department of Trade and Industry (DTI) to the newly formed Department of Small Business Development (DSBD), Small Business Development...
Olivier Blanchard
Updated 4 hours ago The International Monetary Fund (IMF) has once again lowered its 2014 growth forecast for South Africa to 1.7%, having previously forecast that Africa’s second-largest economy would expand by 2.3%. The 0.6% downward revision, which is contained in the World...
Updated 5 hours ago A study on the economic state of the City of Johannesburg’s (CoJ’s) economy has revealed lagging growth and a lack of diversification as the city struggled to return to pre-financial crisis growth levels. The ‘CoJ Economic Overview 2013: A Review of the State...
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
Local aerospace company Denel Aerostructures (DAe), part of the State-owned Denel Group, has won a fourth contract to manufacture parts for the Airbus A400M military air transport and air-to-air refuelling aircraft. The new contract, which was won in an international...
Bob Skinstad
Although CEO Mark McChlery and chief marketing officer Bob Skinstad likened themselves to children in a playground when taking on the task of “reengineering and repositioning” the Seartec brand, the “young, dynamic and enthusiastic guys” were like proud...
An increasing number of buyers, in both the new and used car markets, are opting for finance structures that lower their monthly repayments, says asset financing company WesBank. These include the use of large balloon payments (also known as residuals), as well as...
Tertiary education institutions can use search engine giant Google’s Chromebook to provide secure mobile end-point devices for students on which they can share documents, work collaboratively on documents and access education materials and applications being used...
Local ceiling and partition company Abbeycon has beaten global competition at the Saint-Gobain Gypsum International Trophy competition, which was held last month in Berlin, Germany.
 
 
 
 
 
 
 
 
 
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