http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.25Change: -0.11
R/$ = 12.16Change: -0.09
Au 1187.31 $/ozChange: 0.71
Pt 1117.50 $/ozChange: -2.00
 
 
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 Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Aug 21, 2013

Nuclear power more expensive than coal-fired power – researchers

Back
Photo: Bloomberg
 
 
 
Construction|Engineering|Africa|CoAL|Coal-fired Power Station|Eskom|Nuclear|PROJECT|Projects|Systems|Vaal|Africa|South Africa|North-West University|Electricity|Energy|Nuclear|Nuclear Energy Capacity|Power Generation|Power-generation|Systems|Johan Fick|Nelisiwe Magubane|Piet Stoker|Power
Construction|Engineering|Africa|CoAL|Coal-fired Power Station|Eskom|Nuclear|PROJECT|Projects|Systems||Africa|||Energy|Nuclear|Power Generation|Power-generation|Systems|Power
construction|engineering|africa-company|coal|coalfired-power-station|eskom|nuclear-company|project|projects|systems-company|vaal-company|africa|south-africa|north-west-university-facility|electricity|energy|nuclear-industry-term|nuclear-energy-capacity|power-generation|power-generation-industry-term|systems|johan-fick|nelisiwe-magubane|piet-stoker|power
© Reuse this



Research undertaken by academics from the North-West University (NWU) has found that the new nuclear energy capacity being proposed for development in South Africa could be twice as expensive as that of coal-fired power generation capacity.

NWU Center for Research and Continued Engineering Development (CRCED) Vaal manager Professor Piet Stoker and CRCED Vaal Professor Johan Fick detail in their research paper, titled ‘A systems engineering approach to level the playing field: Electricity from coal versus nuclear’, that the levelised cost of electricity (LCOE) for new nuclear power generation capacity would start at an optimistic 92c/kWh.

However, the cost of nuclear power generation was likely to be closer to 110c/kWh and could even reach as high as 134c/kWh under a high-risk scenario.

This compares with a LCOE of as high as 79c/kWh for coal.

The researchers say their comparative study was carried out using the globally accepted metric of LCOE with the risk-weighted cost of capital as the major variable. They based their input data on information published by State-owned power utility Eskom, the National Energy Regulator of South Africa, the Department of Energy (DoE) and other publically available information.

Fick added that the delays and cost escalations seen at the Medupi coal-fired power station construction project did not bode well for other megaprojects that might be undertaken in South Africa, and particularly those that would comprise a nuclear new build programme.

In July, DoE director-general Nelisiwe Magubane told Engineering News Online that consultants had been appointed to conduct a cost analysis of South Africa’s proposed nuclear power generation plans. The analysis would take into account the recent events at the Medupi and Kusile coal-fired power station projects, as well as the cost implications of government’s decision to develop a nuclear industry locally, as opposed to procuring individual power stations.

At the time, she indicated that the current cost estimates for new nuclear capacity ranged between $3 500/kW and $7 000/kW, with the European build programmes at the higher end of the scale and Asian countries’ project costs at the lower end.

Edited by: Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Nuclear News
Article contains comments
South Africa would commence a procurement process in the second quarter of the current financial year to select a “strategic partner or partners” to build 9 600 MW of new nuclear capacity, Energy Minister Tina Joemat-Pettersson announced on Tuesday. Government’s...
Article contains comments
Finance Minister Nhlanhla Nene
The National Treasury confirmed on Monday that consideration was being given to the possibility of private investment in Eskom as part of efforts to improve the electricity utility’s financial sustainability. “Consideration is also being given to ring-fencing and...
Article contains comments
More
 
 
Latest News
Updated 4 hours ago Irish Foreign Affairs and Trade Minister Charles Flanagan told media on Thursday that Ireland was well positioned to play a greater role in Africa, particularly in the aviation, pharmaceuticals and agricultural industries. Flanagan was this week leading a high-level...
Updated 4 hours ago The Lesotho Highlands Development Authority (LHDA) has appointed three consultants for work packages as part of Phase 2 of the Lesotho Highlands Water Project (LHWP). The contracts, worth a collective M40-million, were awarded to the SMEC-FMA joint venture (JV);...
Updated 4 hours ago JSE-listed Huge Telecom continued to grow its distribution capabilities during the year ended February 28, with the number of business partners increasing by 136, or 47%. Huge Telecom’s connectivity services, which were distributed mainly to small and medium...
More
 
 
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
 
 
 
 
 
This Week's Magazine
While economic forecasts for the African continent are most favourable, African airlines may not be able to benefit from the expected growth in the region’s gross domestic product (GDP), International Air Transport Association VP: Africa Raphael Kuuchi has warned....
The Automotive Production and Development Programme (APDP) will need to change substantially post 2020, says Metair Investments South African operations COO Ken Lello. “We must not make tweaks. We have to change. What we are doing is not sustainable.”
Banking group Absa’s forecast is for the rand to end the year at around R13 against the dollar, weakening further to R13.50 by 2016, says Absa sectoral analyst Jacques du Toit. He warns that possible interest rate hikes in the US may see capital being pulled from...
The Dispute Resolution Centre at the Bargaining Council for the Civil Engineering Industry (BCCEI) is now open to handle party-to-party disputes. The BCCEI represents the interests of all level four to nine Construction Industry Development Board companies.
FREDRIK JEJDLING Sustainability becomes an important part of a business’ decision-making process
Communications technology firm Ericsson sub-Saharan Africa head Fredrik Jejdling says the company’s commitment to sustainability and corporate responsibility has been integrated into all facets of its operations, which has provided it with sustainable revenue...
 
 
 
 
 
 
 
 
 
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