Aug 15, 2012
SA should work on ‘Plan B’ if nuclear build proves too costlyBack
Africa|Fabrication|Nuclear|PROJECT|Safety|Turbines|Africa|South Africa|Electricity|Energy|Nuclear|Nuclear Energy|Nuclear Energy Capacity|Nuclear Energy Plants|Power Generation|Power-generation|Environmental|Infrastructure|Jacob Zuma|Kgalema Motlanthe|Power|Turbines
© Reuse this
The plan, which was handed to President Jacob Zuma on Wednesday, acknowledged that the Integrated Resource Plan (IRP) for electricity proposed that new nuclear energy plants be commissioned from 2023/24.
But it also argued that South Africa needed a “thorough investigation” of the implications of nuclear energy, including its costs, financing options, institutional arrangements, safety, environmental costs and benefits, localisation and employment opportunities, and uranium-enrichment and fuel fabrication possibilities.
“While some of these issues were investigated in the IRP, a potential nuclear fleet will involve a level of investment unprecedented in South Africa. An in-depth investigation into the financial viability of nuclear energy is thus vital,” the 484-page document added.
The National Nuclear Energy Executive Coordinating Committee (NNEECC), chaired by Deputy President Kgalema Motlanthe, would make a final “stop-go” decision on South Africa’s nuclear future.
The NNEECC, which was set up late last year, had its inaugural meeting in early August, when it began deliberation on the findings of a so-called ‘integrated nuclear infrastructure review’. The review is a self-assessment of the country’s readiness to proceed with a new nuclear build and reportedly covers 19 areas. The International Atomic Energy Agency had also been requested to conduct an external assessment of the review.
But the 26-member National Planning Commission (NPC) argued that an alternative plan be developed in the event that sufficient financing was unavailable, or timelines became too tight.
“All possible alternatives need to be explored, including the use of gas, which could provide reliable base-load and mid-merit power generation through combined-cycle gas turbines,” the plan stated.
Commissioner Tasneem Essop indicated that the NPC had not been prescriptive as to which entity or organ should conduct the cost/benefit analysis, only that one should be completed ahead of any decision to proceed to a procurement phase.
The analysis should also not be confined to the economics of the project and should include social and environmental aspects. She also indicated that the NPC would be willing to provide advice to the entity tasked with conducting the analysis.
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines (150 word limit)
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
Forest products group Sappi has confirmed the selection of its 25 MW biomass-to-power project, to be erected at its Ngodwana mill, in Mpumalanga, as a preferred bidder under the South African government’s Renewable Energy Independent Power Producer Procurement...
Information and communications technology (ICT) distributor DCC is making Windows- and Android-operating systems tablets available through retailers and education equipment suppliers to provide school children with affordable, high-performance education tools. The...
Another cement manufacturer is set to enter the Ugandan market, raising hopes that prices will come down and spur growth in the construction industry. National Cement, a Kenyan manufacturer, has unveiled plans to invest $195-million in a new manufacturing plant in...
With growth rates exceeding that in the developed world – at an average of between 4% and 5% between 2002 and 2014 – African countries provide investors with ample reason to tap into booming consumer demand says Manufacturing Circle executive director Coenraad...
The South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) decreased by 3.7 index points month-on-month to 89.1 in March.