Comments to NERSA on the ministerial determination to procure 2 500MW of new nuclear generation capacity
8 February 2021
In its detailed submission, the HSF makes the following points:
- a least cost option for additional power generation needs to be established in a credible manner, which has not been done;
- arbitrary limits to the annual construction of renewable energy options cannot be applied to forecasts, as such conduct provides not only clear evidence of an irrational approach, but also leads to the inevitable perception of a process that has been intentionally manipulated for undisclosed purposes; and
- any financial assessment of new nuclear power plants must also include the cost implications of the extensive lead times required for the build of such plants (assumed to be in excess of 10 years), the decommissioning costs and the cost of storage of spent nuclear fuel.