Nuclear likely to increase electricity prices, not decrease

“There is a 94% chance that electricity prices will be higher by 2030 as a result of nuclear commitment; with negative impacts on growth, employment and welfare.  Consumers are likely to bear the burden of the investment higher electricity prices and decreased employment.”
This is one of the findings of the study that Earthlife Africa Johannesburg commissioned by the Energy Research Centre at the University of Cape Town, which analysed the potential socio-economic risks of the proposed 9600 MW nuclear build plan. The study analysed the the governments commitment to 9.6 GW of nuclear build against other supply options, and found that a flexible planning approach is preferred compared to the full nuclear fleet.

Nuclear final technical report March 2016

SAs proposed nuclear build plan – potential socioeconomic risks_shorter version-1

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