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Wednesday, July 29, 2015

Nuclear Power for South Africa?

The picture above is from the Green Print Nuclear is Cool Poster published in Schools by the South African government in 2009.

Nuclear Power for South Africa: 9.6 GW, ie 9,600,000,000 Watts.

R1 Trillion: R1,000,000,000,000 capital expenditure.

R104 per watt! Photovoltaic Systems with batteries are about R35 per watt.

To repay R1 trillion? R10 Billion: R10,000,000,000 per month repayments over 20 years at 10%.

4 million tax payers in South Africa, but 5% of the taxpayers pay 50% of the tax.

So if you happen to be one of these 5%, you are one of 200,000 people who need to pay R5,000,000,000 per month.

Which is R25,000 per month!

Something to look forward to in 10 years time? Without even getting electricity, and like Medupi and Kusile with no guarantee that the electricity will be available!

There and the other 3,800,000 people pay R1,315 per month.

And that's what the rich (another word for taxpayers) are being asked to do in South Africa, for "clean, reliable, environmentally" nuclear electricity.

Coal would be about R300,000.000,000 for the 9.6 GW, which is about R35 per Watt. But you still need 5,200 tons of coal per hour to run 9.6 GW of coal power stations!

And as you know coal and nuclear power stations don't run 24 hours a day 365 days a year. They need maintenance, shutdowns, refuelling, etc. And sometimes they just break.

What to do about it?

Call me, or book me, and I'll show you another way of thinking.

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