Nuclear Power Market in South Africa

South Africa has two nuclear reactors at present generating about 5% of its total electricity requirements. Government commitment to the future of nuclear energy is strong, with firm plans for further 9600 MWe in the next decade, but financial constraints are severe.

Eskom supplies about 95% of South Africa's electricity and approximately 45% of Africa's. Of its total installed net capacity of 40.5 GWe (44.2 GWe gross), coal-fired stations account for 34.3 GWe and nuclear accounts for 1.8 GWe.

Over the five years to March 2013, Eskom planned to spend R385 billion (around US$ 50 billion) on new capacity – mainly coal- and gas-fired plants, as well as on returning mothballed coal-fired stations to service. Eskom said that the country needs 40 GWe of new generation by 2025, about half of which should be nuclear.

In the meantime the country remains heavily dependent on coal, with power plants built near the mines, and the two largest coal-fired plants in the world under construction - 4800 MWe each. Also the country gets 40% of its oil/gasoline needs from coal-to-liquids plants.

In the Draft Integrated Electricity Resource Plan for South Africa – 2010 to 2030, nuclear prospects were revived, for 9600 MWe, supplying 23% of the electricity. Although the draft plan includes six new 1600 MWe reactors coming online in 18-month intervals from 2023, Eskom has said that it would be looking for lower-cost options than the earlier AP1000 or EPR proposals, and would consider Generation II designs from China (perhaps CPR-1000) or South Korea (perhaps OPR).

In this industry scenario, Taiyou Research analyzes the Nuclear Power Market in South Africa.

Divided into five chapters, this in-depth research offering from Taiyou Research is a complete analysis of the nuclear power market in South Africa.

The report deals with an overview of the global power market which is consistently rising due to rapid industrialization resulting in ever increasing demand for power. 66% of global power market is dominated by thermal power sources viz. coal and petroleum but stringent emission norms and depletion of sources is driving global attention towards renewable technology and nuclear power with a 7.5% market share is going to play a major role in future.

In spite of the Chernobyl disaster and the more recent Fukushima setback, the global installed nuclear capacity is likely to increase at a CAGR of nearly 4% and nuclear generation at a CAGR of 3.9% during 2011-2020. In comparison to other technologies the nuclear power has a nominal impact on greenhouse gas emission.

Chapter 1: Introduction to Nuclear Power covers the following:

• An industry definition and an overview of nuclear power.
• Present-day use of nuclear power and looking at why we need nuclear power?
• We look at the various reasons why the world needs nuclear power, such as the rising energy demand in the world, the global power situation, environmental impact of nuclear, and many others.
• An in-depth comparison is carried out of nuclear power and other power generating technologies such as gas and coal.

Chapter 2: Analysis of the Global Nuclear Power Industry covers the following:

• An analysis of the global nuclear power industry through a market profile, market statistics, industry value and volume analysis, industry capacity and generation analysis, and much more.
• We carry out region-wise industry segmentation, and also analyze the technological trends in the industry and an industry outlook.
• We carry out an analysis of the global nuclear power industry in a Porter's Five Forces Framework. We look at the global nuclear power industry by taking nuclear energy providers as key market players. The section analyzes the forces driving competition in the industry viz. buyer power, supplier power, new entrants, substitutes and rivalry amongst major players in the industry.
• A brief profile of the emerging nuclear power markets sums up this chapter.

Chapter 3: Nuclear Power in South Africa covers the following:

• A brief analysis of the nuclear power industry in Middle East and Africa.
• We analyze the South African nuclear power industry through a market profile, industry statistics, installed capacity and generation analysis, the impact of the Fukushima nuclear disaster, nuclear reactor technology, operating and upcoming nuclear reactors in the country, regulatory framework, how favorable the country's nuclear power industry is for doing business, a look at R&D in the industry, and industry competition.

Chapter 4: Analysis of Major Global Players is an in-depth study of the major players in the global nuclear power industry with special emphasis on company overview, business analysis and a SWOT analysis of the key players.

Concluding with Chapter 5, we include an appendix, a glossary of terms, and a research methodology.

Overall, Taiyou Research’s report on the nuclear power market in South Africa is in depth-study of the South African nuclear power market.

Taiyou Research’s report makes an intensive study of the installed capacity and generation, nuclear facilities and region, regulatory policies and framework, major players and competitive scenario with business viability of the South African nuclear power industry.