nuclear-news

Nuclear power not a good deal for Vietnam

Nuclear power and unanswered questions Vietnam Net  22/10/ 09 “The investor of the first nuclear power projects is the state power monopoly, Electricity of Vietnam (EVN).…….Tien Phong: US$12 billion is a huge amount of money, about 13 percent of the country’s current annual gross domestic product (GDP). Is it necessary to invest that money to build a nuclear power plant when Vietnam can develop hydro, thermal and wind power at cheaper cost prices?…………….

TP: What will we do with nuclear waste?

Tan: This is a world-wide concern.  We will import nuclear technology and radioactive waste treatment technology from the same source.  For low and medium-level nuclear waste, the treatment technology has been popularized and commercialized. It is safe and used by many countries.

Highly radioactive waste, the spent fuel rods, can be reprocessed into new fuel.  Recycling this kind of waste is a highly sensitive issue because it can also be converted into weapons.  Thus its disposition will be strictly controlled by the International Atomic Energy Agency (IAEA). …………..

Since nuclear power was first given serious consideration, its projected cost has risen from $1500-1700 to $3500-3800 per kilo hour (KWh), said Ta Van Huong, director of the Energy Department under the Ministry of Industry and Trade at a Vietnam-China workshop on nuclear power on October 15.

At that cost per kilowatt hour, investment capital in each 1000 megawatt turbine will reach three to four billion dollars, three times the cost of an thermal power plant of the same scale. This is only estimation but the increase of investment cost is now a big challenge for Vietnam

http://english.vietnamnet.vn/reports/200910/Nuclear-power-and-unanswered-questions-874811/

October 23, 2009 - Posted by Christina Macpherson | ASIA, business and costs | antinuclear, nuclear, nuclear costs, nuclear spin, nuclear wastes, uranium, wastes