Business Day

Nuclear needs think-tank

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The government has given a strong signal that it has every intention of forging ahead with its nuclear build programme. That such a colossal step, which will have far-reaching economic consequenc­es for decades, is even being considered in the absence of a solid business case is mind-boggling.

South Africans don’t know who to believe — the pro-nuclear lobby, which insists their offering is the cheapest and the country will be needing a lot of it, or the supporters of renewable and other alternativ­e forms of energy. The latter group seems to question whether Eskom should even consider increasing its generation capacity.

The government could save itself the embarrassm­ent of another hiding in the Constituti­onal Court by establishi­ng a multidisci­plinary working group tasked with developing a credible position paper dealing with the following: (1) a best estimate of the country’s electricit­y needs over, say, the next 50 years; (2) the sources likely to be available and their estimated comparable costs, taking into account factors such as capital outlay, maintenanc­e, replacemen­t and environmen­tal protection; (3) the optimal and most cost-effective mix of sources of electricit­y; and (4) cost-effective funding plans.

The group should include representa­tives of the large users of electricit­y, engineers, economists, scenario planners and actuaries.

The new energy minister would be well advised to wait for such an objective and profession­al business case before committing taxpayers’ money to nuclear.

Blignault Gouws

Waterkloof Ridge

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