Although nuclear power stations have been phased out in many parts of the world due to safety concerns following Japan’s Fukushima disaster, the debate about nuclear power as an alternative to coal-fired power is heating up in South Africa.
South Africa’s rich natural resources of uranium make nuclear a more viable option for electricity generation than if South Africa had to import its uranium. In light of the nation’s rich uranium reserves that provide an abundance of nuclear energy, the South African government views the use of nuclear power as a favourable alternative for meeting its energy demands. Cabinet recently endorsed Eskom as the owner and operator of any new nuclear energy plants in South Africa – an emphatic stamp of approval for the future of nuclear power in the country. A National Nuclear Energy Executive Coordination Committee (NNEECC), chaired by Deputy President Kgalema Motlanthe, has been set up to oversee future nuclear build programmes.
However, the debate about nuclear power is not without controversy; not because of safety concerns of operating such power plants in South Africa, but because of cost implications. The EIUG, representing South Africa’s largest electricity users, is calling for a re-look at Eskom’s proposed nuclear build programme because it believes it is impacting negatively on the country’s electricity prices and threatens to slow economic growth.
The Nuclear Industry Association of South Africa (Niasa) CEO Ayanda Myoli recently toldEngineering News that “nuclear should not be considered more expensive than coal or gas”. Citing a joint study by the International Energy Agency and the Nuclear Energy Agency that showed nuclear to be competitive with both coal and gas alternatives, Myoli argued that although nuclear was more capital intensive upfront and, therefore, relatively more expensive to build, “it is cheaper to operate over the life of the power plant mainly because nuclear fuel is cheap, and the life of nuclear plants is long”.
“South Africa has the added advantage that we have the fourth largest reserves of uranium in the world and the beneficiation of this important resource would enable us to produce nuclear fuel for our own plants and for export markets and ensure security of supply,” Myoli said.
The debate about nuclear power, and indeed, other renewable energy sources, is far from over and stakeholders and investors need to find consensus to ensure security of electricity supply in the future. The upcoming 2013 Nuclear Forum on the 21st February at the Sandton Convention Centre in Johannesburg will, for the first time, run alongside Africa’s foremost energy event, the Africa Energy Indaba.
The Forum is sponsored by AREVA and aims to debunk some of the issues surrounding the use of nuclear power as an alternative and cost-effective solution to South Africa’s power problems. Much more than a talk-shop, the Nuclear Forum is a networking and dialogue opportunity with experts, taking place at the Sandton Convention Centre on the 21st February 2013.
“The Nuclear Forum has traditionally been hosted by Siyenza as a stand-alone event but due to the growth of the Africa Energy Indaba and the interest in the nuclear sector from both the South African and African markets, it was a natural fit to be aligned with the Indaba. This decision was discussed with the four strategic partners: The World Energy Council (WEC), the South African National Energy Association (SANEA), the AU and NEPAD and the response was a definite positive for the Indaba and the Nuclear Forum to run concurrently,” said Liz Hart, MD of Siyenza, the organisers of the Africa Energy Indaba. “AREVA, our sponsor for the third year in a row, has also welcomed this decision.”
A major benefit of the decision is that more African and international energy representatives will now be able to attend the Nuclear Forum who would not have been able to justify two trips to South Africa – in February for the continent’s premiere energy conference, the Africa Energy Indaba and again in May for the Nuclear Forum.
According to Hart, registrations for the event have been very good. Topics to be discussed include: The business opportunity attached to a nuclear build programme; nuclear success and failure stories; the role of base-load nuclear power in a sustainable energy future and; best practice for nuclear build programmes.
Press Release Ends
28 January 2013
Issued by: Siyenza Managemrnt
011 463 9184
On behalf of Africa Energy Indaba
About the Africa Energy Indaba
The African Energy Indaba (AEI) is a truly African innovation and its focus is centred on finding solutions for the peoples of Africa. The AEI the only energy event in Africa endorsed, adopted and supported by the World Energy Council (WEC) and is recognised as their official African event.
AEI is a sustained programme for action that runs throughout the year, from year to year, promoting catalysing thought on energy solutions for Africa.
The strategic alliance with the South African National Energy Association SANEA and WEC ensures that the programme meets their exacting standards and gives stature and credibility to the event.
The Africa Energy Indaba 2013 will be held from the 19th – 21st February 2013, at the Sandton Convention Centre, Johannesburg, South Africa.