Tag Archives: nuclear power
nuclear power: Latest News
Dana Sanchez, 5:00 pm
Under Valdimir Putin, Russia caught the West off guard with military aggression. Economic sanctions didn’t stop its persistence in exporting nuclear technology all over the world. Rosatom has become a leading nuclear powerhouse. It operates in 40 countries with orders for the next 10 years exceeding $101B. There are 72 Russian designed reactors worldwide and 29 more due to be built by 2030. One in six reactors in the world operate with Russian nuclear fuel. Rosatum has 36 percent of the world’s uranium enrichment market.
Dana Sanchez, 3:04 pm
South Africa has signed nuclear power deals with the U.S., China, Russia, South Korea and France. It’s only fair that the government directly consults South Africans on the matter, the Catholic Church said. The risks of adding nuclear energy to the national grid outweigh any economic benefits, according to the Southern African Catholic Bishops’ Conference. Former South African Finance Minister Nhlanhla Nene promised to make the country’s nuclear program transparent.
Staff, 12:04 am
Nene, a veteran civil servant, was keen to rein in government spending in South Africa. News of his firing sent the rand to record lows and caused a selloff in banking stocks. Nene was also opposed to plans to spend as much as $100 billion building a fleet of nuclear power stations, an investment most analysts said the country could not afford.
Staff, 3:59 am
Industry officials are confident of China being the frontrunner to win the right to build South Africa’s new generation of nuclear power stations. “We think we are likely to win the bid, after preparing all the documents for the tender,” Zheng Mingguang, head of the Shanghai Nuclear Engineering Research and Design Institute, a high-tech arm of the State Nuclear Power Technology Corp.
Dana Sanchez, 1:00 pm
The International Atomic Energy Agency is pushing the benefits of nuclear technology in Africa and its applications there. Acceptance and adoption of nuclear power in Africa have been slow because people don’t understand it but it’s not that complicated, the IAEA says. Safety is one of the main concerns about nuclear power. Global sales of nuclear power plants have been flat following the Fukushima accident.
Dana Sanchez, 12:38 pm
Mired in an energy crisis, South Africa signed a controversial agreement with Russia in September to talk about building 9,600-megawatts of new nuclear energy. Nuclear “is a dying industry and there are just too many unanswered questions for South Africa to go down this path,” said a Russian environmental activist visiting SA to talk about the deal. The country should look instead to renewable energy, he said.
Dana Sanchez, 12:45 pm
South Africa hasn’t said who will build up to eight new nuclear power stations, or how much it will cost, but skills development is already underway in some vendor-country wannabes. Russia offered 10 new scholarships for master’s degree programs in nuclear technology and agreed to train and develop 200 South African candidates at Russian universities and educational institutions.
Dana Sanchez, 2:41 pm AFKI Original
South Africa is considering privatizing Eskom, which generates most of South Africa’s electricity and nearly half of all sub-Saharan Africa’s. Eskom is in the top seven electricity producers worldwide for generation capacity and among the top nine for sales. That makes it one of the world’s largest monopolies. To privatize or not to privatize? It’s a polarizing topic. Here are some of the pros and cons.
Dana Sanchez, 2:34 pm
South Africa has its own power issues but produces nearly half the electricity in sub-Saharan Africa. Could nuclear power solve all Africa’s energy problems? Nuclear power stations don’t have to be huge any more — they can be 5 percent or 10 percent of the size of the ones at Koeberg — and they don’t have to be on the coast, says a South African nuclear physicist and CEO. He sees huge business opportunities for investors.
Ann Brown, 9:00 pm
According to the South African government, it is making headway its nuclear energy-building program. “South Africa continues to make significant progress with various prospective nuclear-vendor countries towards the expansion in the nuclear energy development program based on a sustainable energy mix,” the Presidency said. “This program is premised on the country’s Nuclear Energy Policy of […]
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