Skip to main content

Singapore: Not All Nuclear News Is Good

By

From Singapore:

Second Minister for Trade and Industry S Iswaran said a pre-feasibility study has concluded that current nuclear energy technology is not suitable for use in Singapore, even though the latest designs of nuclear power plants are much safer than older designs which remain in use in many countries.

Not exactly a  good time story for nuclear energy advocates.

Konstantin Foskolos, project adviser from Switzerland, said: "Singapore should wait for a reactor technology that cannot have a severe accident like in Fukushima - where the probability of such an accident is practically zero. Fukushima reactors belong to a technology which is 30,40 years old. They cannot compare with today's reactors. This zero probability for an accident can be achieved by different kinds of technology, which are currently under scrutiny and under development."

None of this really adds up – if Foskolos feels that current technology is not like that of Fukushima Daiichi, and less prone to accidents, then what’s the problem? If it’s a question of risk, then where does one draw the line? In 2009, power lines owned by a subsidiary of Singapore Power (may have) toppled over in Australia, causing a fire that killed 119 people. I say “may have” because I don’t believe the cause of the fire was determined definitively – the point is, power lines in dry country carries a risk.

Mr Iswaran said: "Singapore needs to continue to monitor the progress of nuclear energy technologies, and to strengthen our capabilities to understand nuclear science and technology. It is also important to track related developments in areas such as emergency response and radioactive waste disposal. Then we can assess the implications of evolving nuclear energy technologies and regional nuclear energy developments for Singapore. This will also strengthen our operational preparedness and our existing capabilities in radiation and incident response."

You really don’t need a million reasons to do something – or not do it – but it’s interesting regardless that Singapore looked at nuclear energy. Currently, Singapore generates about 80 percent of its electricity from natural gas, almost all of which it imports. The goals here are energy diversity and independence – and maybe balancing its trade portfolio while it’s at it. I couldn’t find much on renewable energy – maybe Singapore is too small for it to make much sense at the scale it requires. This abstract for a report seems to think so.

Ah well – moral of story: can’t win ‘em all.

---

But why leave on the down note?

Poland will pursue its plan to build the country's first nuclear power station, a government member said on Monday, playing down suggestions from commentators that the 50 billion zlotys ($15.8 billion) investment might be scrapped.

And:

European Union member Poland wants to develop nuclear power to reduce its dependence on highly polluting coal. It aims to launch a 3 gigawatt nuclear plant by 2023 and double that capacity by 2030.

GE-Hitachi, Westinghouse and AREVA are all angling for some of the work. Hope they all get some.

Labels:

Comments

Anonymous said…
Singapore is a city state and as such, a decision to not build is a minor dissapointment at best. It has the same impact on the industry as, say, Chicago deciding not to build a nuclear plant. The reaction from the audience sould be a "Huh? Chicago?".
October 16, 2012 at 10:15 AM
Engineer-Poet said…
I don't know if Singapore has a stand-alone grid or is connected to others, but its 2009 electric consumption of 39.6 TWH yields an average of about 4.5 GW.  An AP-1000 would supply roughly a quarter of average electric demand, which is a huge amount for a single plant.

Singapore is probably better off waiting for the mPower or other small modular reactor, and buying those in some quantity on the order of a dozen.
October 19, 2012 at 8:01 PM
Post a Comment

Popular posts from this blog

Fluor Invests in NuScale

By
You know, it’s kind of sad that no one is willing to invest in nuclear energy anymore. Wait, what? NuScale Power celebrated the news of its company-saving $30 million investment from Fluor Corp. Thursday morning with a press conference in Washington, D.C. Fluor is a design, engineering and construction company involved with some 20 plants in the 70s and 80s, but it has not held interest in a nuclear energy company until now. Fluor, which has deep roots in the nuclear industry, is betting big on small-scale nuclear energy with its NuScale investment. "It's become a serious contender in the last decade or so," John Hopkins, [Fluor’s group president in charge of new ventures], said. And that brings us to NuScale, which had run into some dark days – maybe not as dark as, say, Solyndra, but dire enough : Earlier this year, the Securities Exchange Commission filed an action against NuScale's lead investor, The Michael Kenwood Group. The firm "misap...
1 comment
Read more

Wednesday Update

By
From NEI’s Japan micro-site: NRC, Industry Concur on Many Post-Fukushima Actions Industry/Regulatory/Political Issues • There is a “great deal of alignment” between the U.S. Nuclear Regulatory Commission and the industry on initial steps to take at America’s nuclear energy facilities in response to the nuclear accident in Japan, Charles Pardee, the chief operating officer of Exelon Generation Co., said at an agency briefing today. The briefing gave stakeholders an opportunity to discuss staff recommendations for near-term actions the agency may take at U.S. facilities. PowerPoint slides from the meeting are on the NRC website. • The International Atomic Energy Agency board has approved a plan that calls for inspectors to evaluate reactor safety at nuclear energy facilities every three years. Governments may opt out of having their country’s facilities inspected. Also approved were plans to maintain a rapid response team of experts ready to assist facility operators recoverin...
Post a Comment
Read more

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

By
Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...
Post a Comment
Read more