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African bank backs renewable energy

flag-S.AfricaAfrica must look at renewable energy Standard Bank   Wed, 2013/10/30 – Power is key to economic growth and competitiveness in Africa. The continent has massive potential to use renewable energy sources as it seeks to address an electricity shortage that has left more than half of the continent’s one billion people without access to power. Ntlai Mosiah, who heads up the Power, Infrastructure piggy-ban-renewables& TMT (Technology, Media, Telecoms) team at Standard Bank Group, looks at the opportunities and costs of untapping this resource.

Questions have been raised about whether renewable energy might be too expensive for Africa given the abundance of cheap coal, but it is now clear that this has changed as the cost of renewable technology is steadily falling while the capital expenditure costs of coal-fired power stations are rising Continue reading

October 31, 2013 Posted by | business and costs, renewable, South Africa | Leave a comment

South African govt influenced by coal industry to hold back renewable energy

flag-S.AfricaSA renewable energy held up by politics, says Greenpeace News 24 Duncan Alfreds, 17 Oct 13 Duncan Alfreds Cape Town – Renewable energy has proven itself and the government should move ahead swiftly with implementation, an environmental organisation has urged.

“It has been proven that there are no technical or economic barriers to renewable energy, leaving only the lack of political will as a barrier to RE,” Ruth Mhlanga, Greenpeace Africa Youth and solutions campaigner told News24.

She accused the government of being influenced by incumbent industry players to ensure that the status quo of energy supply networks remained unchanged.

“Vested interests in the fossil fuel industry with strong political ties use this influence to promote investments in fossil fuels rather than renewable energy,” said Mhlanga.

Recently, Trade and Industry Minister Rob Davies announced plans for a third massive coal-fired power station dubbed “Coal 3” though the Medupi and Kusile projects have been hampered by delays and allegations of poor workmanship……

Greenpeace went further, saying that the investment into coal-fired plants was a waste of money that could have been used to kick-start a vibrant renewable energy sector.

“In fact, the huge problems at both Medupi and Kusile clearly show that new investments in coal are likely to sabotage the South African economy, and renewable energy can come online and feed into the electricity grid far more quickly and more cheaply than coal can,” Mhlanga said.

It does appear that the Cabinet is not fully united behind the idea of a third coal-fired power plant.

Beeld reported that Science and Technology Minister Derek Hanekom said government would have to rethink its plans for a third mega coal-fired power station…….

Coal power also impacts negatively on the environment and Greenpeace said that South Africans ought to consider the true cost of fossil fuel electricity generation.

“Delays and poor delivery are just the tip of the iceberg when it comes to coal. There are also major hidden costs related to water scarcity, human health impacts and climate change – amounting to billions of rands every year, and it is ordinary South Africans who have to pay the price,” said Melita Steele, Greenpeace Africa Climate and Energy campaigner. http://www.news24.com/Green/News/SA-renewable-energy-held-up-by-politics-says-Greenpeace-20131017

October 17, 2013 Posted by | politics, South Africa | Leave a comment

Thousands march in Niger to protest against AREVA

5,000 march against French uranium miner in Niger http://www.mining.com/5000-march-against-french-uranium-miner-in-niger-17954/Frik Els | October 12, 2013 Thousand of protestors marched against French uranium miner Areva (EPA:AREVA) in the remote town of Arlit in Niger on Saturday.

Areva has been operating in Niger for more than 50 years with two sites, Somair and Cominak, currently producing, and its long-term deal with the government of Niger is up for renegotiation at the end of 2013.

The roughly 5,000 protesters in Arlit were out in support of a Niger government audit to determine how to better distribute revenues from the two mines Reuters reports:

“We’re showing Areva that we are fed up and we’re demonstrating our support for the government in the contract renewal negotiations,” Azaoua Mamane, an Arlit civil society spokesman, said in an interview with a private radio station.

“We don’t have enough drinking water while the company pumps 20 million cubic meters of water each year for free. The government must negotiate a win-win partnership,” Mamane said.

The two mines together produce 4,500 tonnes of uranium for export to France and another project at Imouraren, which will be the largest uranium mine in Africa, is set to start operations in 2015.The Somair mine was back to full production in August, after a suicide attack in May killed one worker and injured 14 partially shutting down mining.

Prices for uranium are  languishing at 8-year lows of $34 a pound and have not recovered since the Fukushima disaster in Japan in 2011

October 17, 2013 Posted by | Niger, politics international, Uranium | Leave a comment

Niger aiming to get more taxes from Areva’s uranium mning

Niger’s Hedges Bets on French Uranium Assets Oil Price.com. By Editorial Dept | Fri, 04 October 2013 Bottom Line: Under constant threat of terrorist attacks in the security nightmare of Niger, French nuclear group Areva will now face an audit of its uranium mines as the Nigerien government seeks a better deal.

Analysis: Areva has two mines in Niger: Somair and Cominak. Together these two facilities produce about one-third of France’s nuclear power. But the 10-year contract for these mines ends this year, and the government of Niger is planning to take advantage of that by auditing the company and determining how it can get a better deal. The plan will be to increase tax revenues from Areva and to force it into more significant investments in infrastructure. Areva was operating at a loss last year, but is eyeing over 1.1 billion euros in operating profits for this year—and Niger is hoping to get a bigger chunk of this through taxes and infrastructure deals. The government of Niger already owns a 36.4% stake in Somair and a 31% stake in Cominak. Areva will now be audited first based on claims from some groups that it is not transparently reporting its revenues and operating costs. A third mine that is under construction—Areva’s Imouraren uranium mine—is also under scrutiny. The government of Niger has warned that the company will face fines if there are any further delays to the opening of this mine, now slated for 2015.

Recommendation: This could all play into the security question due to the level of government corruption in Niger,…(furher reading -subscription only) http://oilprice.com/Alternative-Energy/Nuclear-Power/Nigers-Hedges-Bets-on-French-Uranium-Assets.html

October 6, 2013 Posted by | Niger, politics, Uranium | Leave a comment

Even Eskom admits nuclear power is by far South Africa’s most expensive energy option

nuclear-costs1The intended nuclear plan would be “very costly” and if anything went wrong it would have a devastating impact on people and the environment

Doubts over nuclear costs Business Report (South Africa) September 29 2013   By Donwald Pressly. REUTERS The Government is forging ahead with its nuclear build programme to boost the electricity supply although details of its costings are scant, but Eskom’s own figures indicate it will be the most expensive option.

In the wake of an announcement on Thursday by Energy Minister Ben Martins that a flag-S.Africadetailed costing and the extent of the nuclear programme would be made known before the end of the financial year, a range of organisations have come out against the government’s stance in favour of extending South Africa’s nuclear power footprint beyond Koeberg…….

.While Eskom has not provided recent build programme cost estimates, it did provide comparative figures in its third multiyear price determination application to Nersa of gas, coal, wind, solar and concentrated solar power (CSP). Nuclear ended up being the most expensive by far. Continue reading

September 30, 2013 Posted by | business and costs, politics, South Africa | Leave a comment

Niger government wants French uranium company AREVA to stop ripping it off

areva-medusa1Niger audits Areva uranium mines, seeking better deal By Daniel Flynn and Abdoulaye Massalatchi NIAMEY | Fri Sep 20, 2013  (Reuters) – Niger has ordered an audit of French nuclear group Areva’s (AREVA.PA) uranium mines in the West African country as it presses for a better deal in talks over a new long-term contract, Mining Minister Omar Hamidou Tchiana told Reuters.

Areva’s two mines in Niger – Somair and Cominak – produce the fuel for roughly one-third of France’s nuclear power, providing some of the cheapest electricity in the West.

Niger, a former French colony and one of the world’s poorest countries, has long complained it does not reap enough benefits from these resources……..

Extractive industries watchdogs, including the local branch of Publish What You Pay, have accused Areva of a lack of transparency in its revenues and costs in Niger…….

Previous Niger governments have struggled to substantially increase the state’s take from uranium and details of the 2003 mining contract have been kept confidential. The IMF estimates Niger’s gross domestic product at around 5.5 billion euros, only just over half of Areva’s revenues of 9.3 billion in 2012……..http://www.reuters.com/article/2013/09/20/us-niger-areva-idUSBRE98J0MY20130920

September 21, 2013 Posted by | France, Niger, politics international, Uranium | Leave a comment

Arms and uranium trade pact between Zimbabwe and North Korea

Zimbabwe in ‘arms for uranium’ pact with North Korea   Nehanda Radio 19 Sept 13, President Robert Mugabe’s military henchmen have reportedly signed an arms trade agreement worth millions of dollars with North Korea, in return for allowing Pyongyang access to Zimbabwe’s controversial Kanyemba district, which has sparked a uranium mining race pitting Iran and other powers, Nehanda Radio has been told.

Kanyemba district is about 160 miles north of the capital, and is believed to be holding significant uranium reserves, first discovered in the 1970s by German prospectors, but never exploited due to low world prices at the time.

Several other countries have sought the rights to mine Zimbabwe’s untapped uranium deposits, and these include Russia, China and a failed bid by neighbouring South Africa and Namibia, as they scramble for the Yellow cake which is a key ingredient needed for the production of nuclear bombs. Continue reading

September 20, 2013 Posted by | AFRICA, North Korea, politics international, Uranium, weapons and war | Leave a comment

Tanzania warned about health dangers of uranium mining

Health hazards posed by uranium mining IPP MEDIA  5th July 2013…….. the developing countries in the process of starting mining uranium, must learn a lesson from the USA, the most powerful rich and technically advanced nation in the world, who for the sake of protecting its environmental pollution from the known post uranium mining hazardous health effects, to its citizen of today, tomorrow and future generation, admitted that enough was enough, and shut down most of uranium mining in their country.

The big lesson here for Tanzania with its Uranium deposit soon to be exploited is that; until now there is no proper way of destroying completely remains of uranium mining, and therefore it is difficult to control the effects of the mineral that will end thousands of years. Above all the cost of cleaning up the environment and avoidance of effects caused by remains of big uranium mines and management of radioactive waste will put a big strain on the already ailing country’s economy. A section of the Tanzanian media on June 8, 2013 quoted Energy and Minerals minister Professor Sospeter Muhongo as telling a visiting delegation of experts from the European Union that uranium mining will start soon in Tanzania and that the government has satisfied itself that this process will have no hazardous health effects to the population. It is hoped that this official statement was issued after consultations with the Tanzania Atomic Energy Commission which is legally responsible for all radioactive materials in the country, uranium being no exception. In summary, such statements should dwell first with the technical matters and let experts and responsible institutions take the major part on advising and educating the public on at least five aspects. One: Key steps taken to ensure safety and safeguarding of the communities around and the environment for the present generation and future ones. Two: How the uranium mining radioactive wastes (tailings) will be handled during and after the mining. Three: The degree to which the population around the mines is aware of what is going on and how to react upon any unexpected event; Four: The results of the baseline studies that need to be carried out before the commencement of the mining. Five: The safety measures and programmes aimed at protecting workers and the environment against radiation and radioactive materials. These are among the key questions that need to be answered by the experts and indeed the responsible institutions before such statements are issued by high-calibre politicians.

August 4, 2013 Posted by | AFRICA | Leave a comment

Secrecy in South Africa, as government mulls subsidies for nuclear power

nukes-hungryRegardless of how the financing will be structured it is clear that most of the money will come from debt, which South Africans will ultimately pay for through higher electricity tariffs or increased taxes. The details of these financing structures are also unlikely to be transparent.

flag-S.AfricaSA still in the dark over nuke money, Mail and Guardian, South Africa 02 AUG 2013  NEWS ANALYSIS LYNLEY DONNELLY Vendor financing is a possibility, but questions remain over the country’s finances. The government appears intent on hitching its star to a big nuclear wagon, despite serious misgivings within its own ranks over whether the need for nuclear power is as urgent as once believed, the possibility of emerging alternatives and the continued opposition from business and civil society.

Chief among the reasons for a rethink of South Africa’s nuclear ambitions is the ability to pay for it, according to energy experts and economists, although there are international financing models.

The state has so far refused to pronounce on the cost, but it is estimated that it will be between R400-billion and R1-trillion. Continue reading

August 3, 2013 Posted by | politics, South Africa | Leave a comment

South Africa’s poor will not be able to afford nuclear electricity

nuclear-costsflag-S.Africa

Direct and associated coal, nuclear and other fossil fuel costs continue to rise, while solar and wind costs continue to drop………… Through smart planning and a move away from energy-intensive economic sectors, South Africa can decouple electricity demand from economic growth.

This will enable us to replace coal, fossil fuel-based and nuclear power plants as they retire with renewable energy technologies.

New power plan jeopardises electricity access for poor 02 AUG 2013  Mail and Guardian, South Africa ROBERT FISCHER The cost of electricity is the subject of talks around every table in every home in the country.

These costs are heavily influenced by the cost of generating electricity.

Now the Mail & Guardian tells us that President Jacob Zuma is pushing ahead with plans for nuclear plants, “despite uncertainty about the affordability of nuclear energy and the availability of sufficient expertise” (“Zuma slips into nuclear driver’s seat”, July 25). Eskom told the National Energy Regulator of South Africa that it “need[s] to recover the cost of producing electricity, which includes operating costs as well as the costs of financing new capacity,” through its tariffs. An extremely expensive nuclear programme could seriously jeopardise the crucial social investment of providing electricity.

When you consider that the poorest households spend 32% of their income on electricity, housing, water, gas and other fuels (excluding transport), turning on the lights becomes an expensive option. Continue reading

August 3, 2013 Posted by | politics, South Africa | 1 Comment

Australian uranium miner Paladin’s share price tumbles

Shares of uranium miner Paladin dive after cancelled sale  Reuters, Aug. 02 2013,  Shares of Australian uranium miner Paladin Energy Ltd. fell as much as 29 per cent in Toronto on Friday after the company cancelled plans for now to sell a minority interest in an African mine, and instead raised funds through a private placement of shares. Paladin said it ended negotiations with a potential investor on Thursday and all other parties for a stake in its Langer Heinrich mine in Namibia. The company said it was unlikely to get the price it wanted because of low uranium prices….. Trading of Paladin stock was halted in both Canada and Australia on Thursday, pending news.

Paladin’s stock was down 28 per cent, or 26 Canadian cents to 66 Canadian cents in early trading on the Toronto Stock Exchange. http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/shares-of-uranium-miner-paladin-dive-after-cancelled-sale/article13572589/

August 3, 2013 Posted by | business and costs, Namibia, Uranium | 1 Comment

Unsustainable deal – Paladin’s uranium scam in Malawi

In the wake of the Kayelekera scam, Malawi needs to realise that tax is a governance issue. …. The cost of tax incentives given to Paladin is enormous. We can’t sustain it.

secret-dealsMalawi gov’t and Paladin: Act on Kayelekera uranium raw deal now!  Nyasa Times, By Veronica Maele-Magombe July 30, 2013  Since last week’s stinging observation by UnitedNations (UN) Special Raportuer on the Right to Food Olivier De Schutter regarding Malawi’s Kayelekera Uranium Mine deal, two elusive culprits remain pretty much intact in their hard shells. It is as if the country’s most guarded contract between government and Australian company, Paladin Africa Ltd has not been unravelled as the worst possible swindle. Continue reading

August 2, 2013 Posted by | Malawi, secrets,lies and civil liberties, Uranium | Leave a comment

Western leaders’ hypocrisy on uranium investment scandals in Africa

Malawi gov’t and Paladin: Act on Kayelekera uranium raw deal now! By Veronica Maele-Magombe Nyasa Times, By Veronica Maele-Magombe July 30, 2013 “……one cannot underestimate the ‘politicking’
surrounding foreign investment. There is the brainwashing and fear
that African leaders endure in their struggle to appease donors who
are sometimes capable of clamping on aid or trade deals if a poor
country like Malawi is ‘hostile’ to western investors. In the un-coded
diplomatic language of foreign investment it means, treat business
clients from the west well and we will handle your aid and loan
cheques accordingly.

Western leaders have continued to hypocritically talk about fair trade
and dealings with Africa whilst winking an eye to their investors.
And, tightening the shackles of neo-colonialism on their behalf has
been IMF – convincing poor countries to lure foreign investor with a
portfolio of incentives. Just last year, IMF advised poor Gambia to
reform its tax system so that the country avoids discouraging foreign
investors with many taxes. Resident Representative, Meshack Tunee,
noted: Continue reading

August 2, 2013 Posted by | AFRICA, politics international, secrets,lies and civil liberties, Uranium | Leave a comment

Doubts on whether nuclear energy has a future in South Africa

Russia’s state energy group Rosatom and the French Areva – will be watching upcoming developments in South Africa with interest. In addition to safety and financial viability, concern has also been raised around the opacity of the government’s nuclear plans. All of these issues are discussed in a recent Occasional Paper titled, “South Africa’s Nuclear Future”, published by the South African Institute of International Affairs (SAIIA). The paper argues that unless South Africa’s nuclear planners meet the concerns mentioned above head-on, their programmes will fail to inspire confidence, both at home and abroad.

Africa: Nuclear Future Requires Urgent Clarity ALL AFRICA BY MARI-LISE DU PREEZ, 22 JULY 2013 Observers hoping to gain insights into South Africa’s nuclear energy plans have had their hopes dashed. Two International Atomic Energy Agency (IAEA) conferences have recently taken place in quick succession. The first, an International Ministerial Conference on Nuclear Power in the 21st Century held in St Petersburg Russia from 27 to 29 June 2013, saw the last minute withdrawal of both the Energy Minister and the CEO of Eskom.

This seemed to indicate that the tussle between the Department of Energy (DoE) and the National Planning Commission (NPC) on the future of nuclear energy in South Africa is yet to be resolved. Continue reading

July 26, 2013 Posted by | politics, South Africa | Leave a comment

UN examines Australian uranium miner Paladin’s Malawi operations

UN rubbishes Malawi’s Paladin uranium deal, fertilizer subsidy By Hudson Mphande, Nyasa Times July 23,  2013  United Nations Special Raportuer on the Right to Food Olivier De Schutter who was in Malawi for an assessment of the food situation in the country has rubbished Kayerekera uranium mine deal between Malawi and Australian Paladin Mining Company saying the Southern African country has had a raw deal that is robbing the poor.

The UN Raportuer said the uranium mining deal was one of the investments in Malawi through which the country is losing resources that could otherwise make a difference in food security and other pro-poor initiatives. He said in the life span of the mine Malawi is expected to lose almost US$281 million…

“Mining companies are exempt from customs duty, excise duty, value added taxes on mining machinery, plant and equipment. They can also sign special deals on the rate of royalty owed to the government. I believe that there are more reasons that investors would come to Malawi without such incentives,” he said.

De Schutter was addressing journalists in the capital Lilongwe at the end of his 11-day tour of the country.

He bemoaned that due to illicit financial flows, tax envasion as well as tax incentives that the country offer to both domestic and foreign companies currently Malawi was failing to get maximum use of its resources.

De Schutter said that revenue losses from special tax incentives to Paladin Africa Mining alone are estimated at almost K67 billion (US$205 milion) since the mine started its operations and could reach almost K92 billion (US$281 million) over its13-year lifespan.

“Paladin alone is costing the budget more than US$20 million (almost K8 billion) a year in taxes,” he said.

He added: “I am convinced that unless combined with a comprehensive enhancement and optimisation of tax revenue, current macro-economic reforms may not have substantive positive impacts. There is need for
Malawi to examine its national tax laws and policies towards preventing illicit capital flight. As mining develops, Malawi can simply not afford business-as-usual.”

The UN Special Raportuer said it is estimated that the country has lost over 10 percent of its growth domestic product (GDP) to illicit outflows and tax evasion over the period 1980 to 2009……..

De Schutter also specifically expressed concerns on the country’s current minimum wage currently at K371 ($1.12) per day, describing it as the lowest in the world…… The UN special rapporteur said he will give a report and his recommendations to both the UN Human Rights Commission and the Malawi Government. http://www.nyasatimes.com/2013/07/23/un-rubbishes-malawis-paladin-uranium-deal-fertilizer-subsidy/

July 24, 2013 Posted by | AUSTRALIA, Malawi, politics international, Uranium | Leave a comment