Tara Caetano is an energy economist at UCT's Energy Research Centre spoke to John Maytham about why the proposed nuclear build programme in South Africa has no economic advantage.
The state of the nuclear programme remains in place, which will lead for the formal request for proposals.
The nuclear build plan was forced into our electricity build plan as a policy decision.— Tara Caetano, energy economist, UCT's Energy Research Centre
Caetano says that with the two diametrically opposed views, for and against investing in nuclear power, they decided to do this research into the economic effects of the build.
We decided to write a report focusing on what the risks to the economy and the people of South Africa were, if we did commit to the 9.6 gigawatts of nuclear power by 2030— Tara Caetano, energy economist, UCT's Energy Research Centre
She says the research found there was no economic case for it.
The research unit used a complex Monte Carlo simulation where they ran 1000 possible futures for South Africa.
94% of cases showed electricity prices would be higher with the use of nuclear power.
She says they are not saying they think it should be scrapped. But it needs to be slowed down.
We are saying it should be implemented in an incremental way.— Tara Caetano, energy economist, UCT's Energy Research Centre
She says it should be implemented in a way that is affordable to the country, as and when it is needed.