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article imageSouth Africa to open bidding on nuclear project soon

By Tucker Cummings     Mar 9, 2012 in World
The memory of the Japan's Fukushima Daiichi nuclear disaster may still be fresh in the minds of some people, but South Africa still plans to open bidding on a nuclear project of its own in the coming months.
Reuters reports that South Africa is operating on "razor-thin" electricity margins, and needs the power equivalent of six nuclear reactors. The contract is reportedly worth between 400 billion rand ($52.3 billion) and a trillion rand ($130.8 billion).
"It has become close to a buyers market and not a sellers market, which it was before Fukushima," explains H. Holger Rogner, section head of the International Atomic Energy Agency's planning and economic studies section.
But despite the country's need for power, there are those who still oppose nuclear energy. Japanese farmer Ayako Oga, who was evacuated during the Fukushima incident, traveled to South Africa last month to raise awareness about the dangers of nuclear power in cooperation with Greenpeace.
According to the Financial Post, "Since the tragic incident in Japan, 13 reactors have exited service worldwide, while eight reactors entered service." The Wall Street Journal adds "Sixty nuclear reactors are currently under construction globally, with 163 more on order or planned."
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