Will South Africa be able to raise the money to purchase a nuclear power reactor? Probably not. The Treasury recently admitted that it has done no costing or affordability study for nuclear power, and the 2015 budget made it clear that no money has been allocated for the next three years.
And every year, prospects get bleaker for the nuclear industry…
In addition, the falling value of the Rand, and the constantly increasing dollar cost of nuclear plants make it less affordable for South Africa with each year that passes. But just because the train will never reach its destination, that doesn’t mean you can’t get aboard and enjoy the gravy! Continue reading
At a conference in Stockholm in November one of the speakers was Shigeo Nomura, Executive Director of the Japan Atomic Energy Agency.
Nomura made some contradictory statements about the Fukushima disaster, as well as some outlandish claims about the costs of nuclear power relative to renewable energy.
It was the tsunami?
I am sitting in a conference in Stockholm about nuclear waste. There are speakers from organisations from all over the world including the International Atomic Energy Agency, the Japan Atomic Energy Agency, delegates from many non-governmental organisation, engineers, and academics studying subjects such as nuclear physics, ethics, and geology.
Gene Rowe of the US Nuclear Waste Technical Review Board gave a highly technical presentation about the prospects of dealing with nuclear spent fuel in the USA via a combination of reprocessing and disposal. I got chatting to him afterwards, and asked him about a claim I have heard repeated many times in South Africa.