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Where am I? Fin24.com  > Economy

New nuclear power plant by 2020

Nov 20 2009 12:51

Pretoria - South Africa, plagued by chronic power shortages, plans to have the country's new nuclear power plant up and running by 2020, Energy Minister Dipuo Peters told a nuclear conference on Friday.

State-owned power utility Eskom, which operates Africa's sole nuclear power plant with a total capacity of 1 800 MW, cancelled plans to build a new facility at the end of last year, citing financial constraints.

The government has since taken the lead in developing the next power station, saying it wants to develop a local nuclear industry in partnership with a technology firm rather than adopt a commercial bidding process used by Eskom.

Peters said the new nuclear plant would produce about 20 000 megawatts. "It's a huge project, and in any project situation you plan with the end in sight, so we are looking at 2020," she said.

Delays

Peters said she was concerned by news of delays that could affect two of Eskom's coal-fired power stations, Kusile and Medupi, being built to help plug a power deficit in Africa's biggest economy, which suffered a near-collapse of its power grid in January last year, denting economic growth.

"We are not oblivious to the fact that should there be any delay in commissioning these two plants, consequences will be too ghastly to contemplate," she said.

Kusile and Medupi, both designed to generate 4 800 MW each, are Eskom's first new power plants in more than two decades.

News emerged on Thursday of delays in signing some contracts for Kusile power plant and the company said this would result in the station being commissioned later than the original 2013 start date.

Eskom also said the power system continued to be tight, but the utility did not foresee load shedding - a term used for blackouts - in 2010.

"We have reached a delicate situation, which requires us to take bold and decisive decisions about the type of the current and future energy requirements of our country," Peters said.

"We need to decide whether to build coal fired or nuclear power stations... Coal has clearly become a difficult option as carbon taxes could be imposed going forward."

Eskom has been rationing electricity since early last year after the national grid nearly collapsed forcing mines and smelters to shut for days and affecting industrial production, costing the economy billions of dollars.

Eskom has launched an ambitious expansion programme but still needs to raise parts of the R385bn required to supply fast-rising demand in the country.

- Reuters

 

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Captain Hurricane
Nov 20 2009 20:45 Report this comment

Yeah right...now let me see..what am I missing here? Oh yes..the small issue of funding! A new coal-fired station like Medupi or Kusile is costing at current prices just short of R100bn each. A nuclear plant at current prices is roughly R250bn. Now..if Eskom is struggling to pay for Medupi and Kusili, where is the tom coming for a nuclear plant?It will also take ten years to build--you have to go on a waiting list for a special Japanese stainless steel tank--that alone takes 8 years! dream on!
 
elbie
Nov 20 2009 20:09 Report this comment

Start last year the rain was also blamed for wet coal. Wonder how that's going these days?
 
Mr Drew
Nov 20 2009 15:44 Report this comment

This is just so we can climb into bed with the Russians, we won't use Westinghouse or Areva, whose technology is similar to our installed units at Koeberg, we will go with a wholly foreign technology. Additionally if this generates 20 thousand MW, it will be a very big bang indeed, more like 2,000 MW. I was thinking of buying a property in Cape Town but with this nonsense going on I don't think I will.
 
Tisso
Nov 20 2009 15:20 Report this comment

...and SA cities completely revamped by 2010. that was a nice one.
 
Excalibur
Nov 20 2009 13:46 Report this comment

Nyayahhahhaaaa .. yeah right. Like Eskom have the capacity to delivery anything at all. Where is the much shouted about PBMR which has cost us billions and is now doomed. If they think they can build a nuclear power station in 10 years they are dreaming. It will take 3 years to get off their a55es to even start the ball rolling, then it will fail because there are so few companies building the things. Westinghouse has already told us to p#ss off, who is next.
 
MG
Nov 20 2009 13:28 Report this comment

Why don't we just stop exporting our power? That would save a couple of megawatts and the dire need to build power stations yesterday. Our local recources such as coal and gas would be used for SA power and not our neighbours. They're saving on carbon credits by buying power from us.
 
 
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