South Africa’s nuclear energy project is not likely to succeed
Why South Africa’s nuclear energy plan will likely fail By News24Wire January 5, 2016 South Africa will likely fail in its quest to develop its nuclear energy capacity, according to emerging markets economist Peter Attard Montalto of Nomura.
Montalto told Fin24 that if the 9 600 MW nuclear procurement programme does see the light of day, it will be a “slimmed down programme spread over a longer period of time, given the affordability issue”.
“For this reason we need to remain calm, but vigilant,” he said. “The end point remains uncertain.”…..
Questioning South Africa’s transparency, Montalto said the decision to gazette so close to Christmas strengthens the perception that the government has “signed non-public agreements with Russia” to award its state-owned company, Rosatom, the nuclear contract.
Rosatom prematurely announced it had won the contract in 2014, after President Jacob Zuma secretly visited Russia. It later retracted its statement and told Fin24 in 2015 that it was a public relations mistake.
Controversy over Rosatom’s announcement intensified after a local newspaper reported Zuma personally negotiated the deal with Russian President Vladimir Putin,” AFP reported in 2014.
Regardless of these perceptions, Montalto said, there needs to be more transparency on what advice National Treasury has provided and the sequencing of their advice compared to the process of moving to tender.
“I still believe no formal sign off on affordability under any financing option has been provided by National Treasury and indeed that it remains totally unaffordable under any financing model including vendor financing,” he said.
“The next steps are likely to be murky as tenders are requested and then submitted along with financing models.
“Parliament and the courts will likely be crucial through this stage in providing transparency,” he said. http://businesstech.co.za/news/energy/108051/why-south-africas-nuclear-energy-plan-will-likely-fail/
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WEBSITE of the week – Sustain – Climate Change, Coronavirus and Sustainability
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Webinar: Nuclear Power and Climate Change: Can Small Modular Reactors Deliver?
The presentations will draw upon the 2021 World Nuclear Industry Status Report
Wednesday October 6, 2021 TIME (be sure to convert time to your zone)12:30 PM – 1:50 PM PDT (Pacific Daylight Time) 3:30 PM – 4:50 PM EST (Eastern Standard Time)
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Welcome to Women Transforming Our Nuclear Legacy (WTONL), a global online mentoring program for women and girls! https://www.nuclearwakeupcall.earth/women-s-project
So far, the nuclear lobby has bought the hearts and minds of governments, but has not won the hearts and minds of the people. In a propaganda war, as in all wars, truth is the first victim. But there are many journalists and others out there who will counter the lies of the nuclear industry.
Today, across the world, the nuclear industry is unpopular. It is particularly unpopular with women, and with indigenous peoples. It’s unpopular with those who have suffered from it, such as the veterans who attended nuclear bomb tests, and the ‘downwinders’ who suffered from those same tests. It’s unpopular with families afflicted with cancer from uranium mining. It’s unpopular with Ukrainians and Japanese whose lives have been disrupted by nuclear disasters.
he nuclear industry is also unpopular higher up in the social food chain. Many academics, economists, scientists, and doctors are concerned about the dangers of all kinds that are intrinsic to the nuclear industry.
So who does like the nuclear industry? – careerists in the nuclear industry, careerists in politics, academia, careerists in the Murdoch media, highly paid uranium workers, communities that exist only because of mining, – (the latter can’t really afford not to support it).
The nuclear industry, following in the footsteps of the tobacco and asbestos industries will now blanket its servant mass media, and any other possible avenues – such as education, and politics, – with propaganda.
The main focus of the nuclear lobby’s propaganda? This will now be CLIMATE ACTION .
They’re spending an awful lot of money on this. Despite this huge investment in deception, the nuclear lobby is not winning.
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