Monday, August 03, 2009

Cost of nuclear demo plant soars to R31bn

So a new conventional nuke (Nuclear-1 @ 4000 MW and 75% capacity factor) is going to cost us around ZAR 300 billion, and the much smaller PBMR around ZAR 31 billion (assuming 75% capacity factor). For the conventional nuke, that is ZAR 75 million / MW. Assuming that both the heat AND electricity are used form the PBMR, that is ZAR 110 million / MW.

Wind is only ZAR 16 million per a MW (assume 27% availability), and concentrated solar with storage (ie dispatchable, with 40% availability) ZAR 38 million per MW. Even taking into account capacity factors, that makes wind and solar cheaper than nuclear.

What on earth are we doing with our industrial strategy?????

Frank

From: http://www.busrep.co.za/index.php?from=rss_&fArticleId=5109729

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