Nuclear Study - Model Results

The study is a technical analysis of the potential risks and uncertainties of South Africa’s proposed commitment to 9.6 GW of nuclear power. The objective of the study is to review this commitment in comparison to a more flexible planning approach that aims to minimise costs. It includes three main tiers of analysis: the first builds two alternative futures, so that we can understand the implications of different investment strategies in uncertain future worlds; the second models the socioeconomic impacts of the commitment to nuclear power versus a flexible planning approach in each of these futures (i.e. committed nuclear versus least-cost investment plans in different futures); the third estimates the risks of an increase in the electricity price to the South African economy and consumers.