Category
- Products
-
- Solar Energy
- FAQ
- Solar Photovoltaic
- Contact us
Inverter manufacturer
buy@inverter.co tech@inverter.coIndia renewable energy choice
As for India with thick population nuclear is not a choice. Environmental damage is the most important aspect to be considered when such projects are visualized for a country like India. India need not accept the PET project when all countries world over decided not to start any new project.
Rate arrived at Rs10/- seems doubtful. Need a detailed analysis. Cost of solar falls according to 'Swanson Effect'. Cost of nuclear rises by several reasons including the Law of Supply and Demand. None can visualize unit energy cost if decommissioning cost in the normal course and cost of clearing the region after a nuclear disaster are considered.
Other points to be considered are
Think of the cost of decommissioning after say 30-40 years of the proposed plants in India. Best method to arrive at the cost is to refer to some ongoing project. Read also about the Yucca Mountain project (US) which would cost around 96 Billions. If the country that owns the nuclear plant is unable to take up the decommissioning project because of huge capital requirement the whole project end up in disasters in the country and the world.
1. Insurance is a major component in the cost of power. To my knowledge no insurance company is willing to provide insurance coverage for nuclear plants against accidents.
2. It is in reports that reputed banking institutions are not willing to finance for nuclear plants. The builders has to get finance through dubious channels which should not be a path for a democratically ruled state. World Bank had declared nuclear power uneconomical and unethical long back, may be in the 50's. Finance for Indian projects are availed through the PSUs which is reprehensive.
3. We cannot predict how long it takes to complete a nuclear plant in India. Naturally there will be cost overrun due to time delay. Look at the cost overrun in the controversial nuclear plant in Finland. The project owner is in the verge of bankruptcy.
4. Availability of Uranium for the life of plants cannot be guaranteed by any establishment. The hostage drama in Niger for cash should be an eye opener. No one knows the amount paid by AREVA for release of French nationals. There are unconfirmed reports that they paid $3 Billions to get them released. Through out the world there are protests against mining of Uranium. By building nuclear plants after spending astronomical sums India will be at the mercy of some foreign nations and even some criminals for getting Uranium. It is unacceptable. Agreements signed between nations will not have any value when citizens of the country is fighting for survival.
At present 65% of the global uranium supply comes from highly enriched Uranium (HEU). Russia has not renewed the agreement to supply the HEU. Reserves of present mines could last only for 20 Years. Note also that any depleting reserve will have to follow the 'Peak-oil' hypothesis.
5. Learn from recent reports on Hinkley nuclear plant in UK. UK allowed a very high Feed in Tariff for Hinkley power for 35 years. There is furor in the media and political circles. Media reports huge subsidy (17 Billion Euro) is allowed for the project.
India can think of larger investment for R&D for solar sector. EHV transmission lines are to be constructed across the nation interconnecting solar generating stations and load centres. Major solar generating stations will be in the desert regions. Barren desert land is going to be a blessing for the state and the country:).
Rate arrived at Rs10/- seems doubtful. Need a detailed analysis. Cost of solar falls according to 'Swanson Effect'. Cost of nuclear rises by several reasons including the Law of Supply and Demand. None can visualize unit energy cost if decommissioning cost in the normal course and cost of clearing the region after a nuclear disaster are considered.
Other points to be considered are
Think of the cost of decommissioning after say 30-40 years of the proposed plants in India. Best method to arrive at the cost is to refer to some ongoing project. Read also about the Yucca Mountain project (US) which would cost around 96 Billions. If the country that owns the nuclear plant is unable to take up the decommissioning project because of huge capital requirement the whole project end up in disasters in the country and the world.
1. Insurance is a major component in the cost of power. To my knowledge no insurance company is willing to provide insurance coverage for nuclear plants against accidents.
2. It is in reports that reputed banking institutions are not willing to finance for nuclear plants. The builders has to get finance through dubious channels which should not be a path for a democratically ruled state. World Bank had declared nuclear power uneconomical and unethical long back, may be in the 50's. Finance for Indian projects are availed through the PSUs which is reprehensive.
3. We cannot predict how long it takes to complete a nuclear plant in India. Naturally there will be cost overrun due to time delay. Look at the cost overrun in the controversial nuclear plant in Finland. The project owner is in the verge of bankruptcy.
4. Availability of Uranium for the life of plants cannot be guaranteed by any establishment. The hostage drama in Niger for cash should be an eye opener. No one knows the amount paid by AREVA for release of French nationals. There are unconfirmed reports that they paid $3 Billions to get them released. Through out the world there are protests against mining of Uranium. By building nuclear plants after spending astronomical sums India will be at the mercy of some foreign nations and even some criminals for getting Uranium. It is unacceptable. Agreements signed between nations will not have any value when citizens of the country is fighting for survival.
At present 65% of the global uranium supply comes from highly enriched Uranium (HEU). Russia has not renewed the agreement to supply the HEU. Reserves of present mines could last only for 20 Years. Note also that any depleting reserve will have to follow the 'Peak-oil' hypothesis.
5. Learn from recent reports on Hinkley nuclear plant in UK. UK allowed a very high Feed in Tariff for Hinkley power for 35 years. There is furor in the media and political circles. Media reports huge subsidy (17 Billion Euro) is allowed for the project.
India can think of larger investment for R&D for solar sector. EHV transmission lines are to be constructed across the nation interconnecting solar generating stations and load centres. Major solar generating stations will be in the desert regions. Barren desert land is going to be a blessing for the state and the country:).
Post a Comment:
You may also like:
