There is no economic case to be made for nukes programme in SA, says researcher

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.

Read More
The Distinguishing UCT Campaign aims to grow the varsity's general endowment

The Distinguishing UCT Campaign aims to grow the varsity's general endowment

The campaign to grow the endowment represents an investment in UCT’s future.

Two petrol attendants killed in Bishop Lavis may be gang-related

Two petrol attendants killed in Bishop Lavis may be gang-related

A teenager was killed on Thursday and Bishop Lavis CPF chair Graham Lindhorst says they are not sure if the incidents are linked.

Climate change a real cause for concern for African wild dogs

Climate change a real cause for concern for African wild dogs

Prof Rosie Woodroffe paints the dire consequences of climate change on wild dogs.

Find out how the law protects your income

Find out how the law protects your income

Labour Lawyer, Michael Bagraim explains how to fight to protect your income legally.

Imizamo Yethu community leaders condemn torching of two homes

Imizamo Yethu community leaders condemn torching of two homes

The houses of two community leaders in Hout Bay were set alight on Thursday afternoon.

John Maytham's Book Reviews: Serial killers, slavery and sieges

John Maytham's Book Reviews: Serial killers, slavery and sieges

John's three weekly book picks.

Popular articles
Guptas deny Bell Pottinger links in exclusive BBC interview

Guptas deny Bell Pottinger links in exclusive BBC interview

The family spoke via their spokesperson, Gary Naidoo who claims the Gupta's were not involved in pushing the 'WMC' narrative.

Is marriage overrated? Listeners share differing views

Is marriage overrated? Listeners share differing views

Relationship guru and sexologist Dr Eve says the notion of the 'marriage advantage' is being debunked by many couples and groups.

South Africans working abroad may be double billed for their taxes

South Africans working abroad may be double billed for their taxes

National Treasury is reportedly planning to repeal a tax exemption on income earned by South Africans working overseas.

Disgruntled client behind hoax email - MiWay CEO

Disgruntled client behind hoax email - MiWay CEO

MiWay CEO Rene Otto has described a bogus email, in which black clients are referred to as 'baboons', as "fake news on steroids".

#BlackTwitter roasts Tbo Touch for his homeless man comments

#BlackTwitter roasts Tbo Touch for his homeless man comments

Media personality Tbo Touch trended on social media after tweeting about a homeless man.

Earn peanuts? How to best invest very small amounts...

Earn peanuts? How to best invest very small amounts...

Got a spare R200 or R300 a month? Here’s how to make that money work hard and grow…