Like what you've read?

On Line Opinion is the only Australian site where you get all sides of the story. We don't
charge, but we need your support. Here�s how you can help.

  • Advertise

    We have a monthly audience of 70,000 and advertising packages from $200 a month.

  • Volunteer

    We always need commissioning editors and sub-editors.

  • Contribute

    Got something to say? Submit an essay.


 The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
On Line Opinion logo ON LINE OPINION - Australia's e-journal of social and political debate

Subscribe!
Subscribe





On Line Opinion is a not-for-profit publication and relies on the generosity of its sponsors, editors and contributors. If you would like to help, contact us.
___________

Syndicate
RSS/XML


RSS 2.0

Nuclear power's deepening crisis

By Jim Green - posted Monday, 16 October 2017


The only other nuclear new-build project in the US - two partially-built AP1000 reactors in Georgia - is hanging on by a thread. Georgia's Public Service Commission is reviewing a proposal to proceed with the reactors despite the bankruptcy filing of the lead contractor (Westinghouse), lengthy delays (5.5 years behind schedule) and a doubling of the cost estimate (the original estimate was A$17.9 billion and the latest estimates range from A$32.5 - 38.4 billion for the two reactors).

No other reactors are under construction in the US and there is no likelihood of any construction starts in the foreseeable future. The US reactor fleet is one of the oldest in the world - 44 out of 99 reactors have been operating for 40 years or more - so decline is certain. Six reactors have been shut down in the US over the past five years and many others are on the chopping block.

Indicative of their desperation, some nuclear advocates in the US (and to a lesser extent the UK) are openly acknowledging the contribution of nuclear power (and the civil nuclear fuel cycle) to the production of nuclear weapons and using that as an argument to sharply increase the massive subsidies the nuclear power industry already receives. That's a sharp reversal from their usual furious denial of any connections between the 'peaceful atom' and the proliferation of Weapons of Mass Destruction.

Advertisement

Global downturn

Elsewhere, the nuclear industry is in deep malaise and has suffered any number of set-backs this year. Pro-nuclear lobby groups are warning about nuclear power's "rapidly accelerating crisis", a "crisis that threatens the death of nuclear energy in the West", and noting that "the industry is on life support in the United States and other developed economies".

The French nuclear industry is in its "worst situation ever" according to former EDF director Gérard Magnin. The only reactor under construction in France is six years behind schedule, the estimated cost has escalated from A$5 billion to A$16 billion, and the regulator recently announced that the pressure vessel head of the reactor will need to be replaced by 2024 following a long-running quality-control scandal. The two French nuclear utilities face crippling debts (A$56.5 billion in the case of EDF) and astronomical costs (up to A$151 billion to upgrade ageing reactors, for example), and survive only because of repeated government bailouts.

In South Africa, a High Court judgement on April 26 ruled that much of the country's nuclear new-build program is without legal foundation. There is little likelihood that the program will be revived given that it is shrouded in corruption scandals and President Jacob Zuma will leave office in 2019 (if he isn't ousted earlier).

Public support for South Korea's nuclear power program has been in free-fall in recent years, in part due to a corruption scandal. Incoming President Moon Jae-in said on June 19 that his government will halt plans to build new nuclear power plants and will not extend the lifespan of existing plants beyond 40 years.

In June, Taiwan's Cabinet reiterated the government's resolve to phase out nuclear power by 2025.

Advertisement

In the UK, nuclear industry lobbyist Tim Yeo says the compounding problems facing the industry "add up to something of a crisis for the UK's nuclear new-build programme." The estimated cost of the only two reactors under construction was recently increased to A$46.2 billion (A$23.1 billion each) and they are eight years behind schedule.

India's nuclear industry keeps promising the world and delivering very little - nuclear capacity is 6.2 GW and nuclear power accounted for 3.4% of the country's electricity generation last year.

In Japan, Fukushima clean-up and compensation cost estimates have doubled and doubled again and now stand at A$245 billion. Only five reactors are operating in Japan, compared to 54 before the March 2011 Fukushima disaster.

  1. Pages:
  2. 1
  3. Page 2
  4. 3
  5. All


Discuss in our Forums

See what other readers are saying about this article!

Click here to read & post comments.

21 posts so far.

Share this:
reddit this reddit thisbookmark with del.icio.us Del.icio.usdigg thisseed newsvineSeed NewsvineStumbleUpon StumbleUponsubmit to propellerkwoff it

About the Author

Dr Jim Green is the editor of the Nuclear Monitor newsletter and the national nuclear campaigner with Friends of the Earth Australia.

Other articles by this Author

All articles by Jim Green

Creative Commons LicenseThis work is licensed under a Creative Commons License.

Photo of Jim Green
Article Tools
Comment 21 comments
Print Printable version
Subscribe Subscribe
Email Email a friend
Advertisement

About Us Search Discuss Feedback Legals Privacy