Even if nuclear power were low carbon (which it’s not), it would require thousands of reactors to be built very very quickly, in order to have any effect on global warming.
Meanwhile, funds, and energy are being diverted from genuinely useful measures, in renewable energy, and above all, in energy conservation.
*************************************************************************
The Atucha III project is part of an agreement signed in 2015 by former president Cristina Fernández de Kirchner, which approved two nuclear plants: one using Canadian technology in Argentina’s existing plants, and one using Chinese technology.
Macri scrutinised the deal on taking office, amid doubts over whether nuclear was a sufficiently economical energy source. He eventually approved construction, but Argentina’s economic crisis led one of the plants to be shelved to reduce the size of the loan.
“Argentina is going through an economic crisis and money is tight. Investing in nuclear requires a long-term commitment, but China can offer subsidised capital to its foreign customers,” said Mark Hibbs, senior fellow at Carnegie’s Nuclear Policy Program.
“This gives China an advantage over other nuclear exporting countries.” …….
Backlash
The nuclear deal attracted criticism from a group of former energy secretaries, who claimed in a November press release that it would be cheaper to develop solar and wind projects.
“Any future energy projects have to be part of a national and long-term energy plan, which now doesn’t exist. All new projects should be economically competitive and should be in line with the country’s mitigation commitments,” said Jorge Lapeña, a former energy secretary.
Environmental organisations that prioritise wind and solar proliferation agree.
“We don’t consider nuclear as renewable energy, it has many risks regarding the functioning of the reactors and waste. It’s not suitable for Argentina,” said Andrés Nápoli, head of Fundación Ambiente y Recursos Naturales (FARN).
He added: “A new nuclear plant would require risk and impact studies and we haven’t seen any.”……….
The Argentina deal is one of the first success stories for Chinese nuclear overseas. Since 2000, Russia has dominated overseas nuclear power, supplying 45% of total capacity. China is the fifth largest exporter, supplying just 9%. So far, the only Chinese reactors constructed overseas are in Pakistan.
Beyond the Argentina and Pakistan deals, it is unclear whether China’s nuclear power reactors will find other markets.
“After the Fukushima accident, global demand for nuclear power hasn’t been strong, and the US, Germany, South Korea and others are phasing it out,” said Zhang Hua, a senior engineer at the State Power Investment Corporation’s Institute of Science and Technology.
“Demand from South Africa, Turkey, Argentina and other countries is also not as high as expected. The current outlook for China’s nuclear power exports is not optimistic,” Zhang added……….
Weighing risks
Even as the climate crisis deepens, countries may reject nuclear because of concerns over safety and cost.
While Generation III reactors are safer, nuclear power still
poses myriad risks. These include radiation exposure from uranium mining, meltdowns like Fukushima and using the technology to produce nuclear weapons………..
Geopolitical tensions could also stymie China’s export ambitions. In the UK, where the utility China General Nuclear Power has gained a foothold through investment in nuclear plants and plans to build a Hualong One, critics have raised concerns over China’s involvement in sensitive infrastructure.
In markets new to nuclear power, researchers also warn that the regulatory environment may not be mature enough to assess and safely manage new Chinese plants.
In Argentina, several civil society groups oppose nuclear. Rio Negro province has already passed a law banning it………..