India doesn't want to be saddled with out-dated nuclear tech: Goyal

[TimeTraveller]

New Delhi: As government charts out a multi- pronged growth agenda for power sector, it is cautious about not being saddled with technology discarded by West in the name of nuclear energy, Union Minister Piyush Goyal said today.

Sounding a cautious note on nuclear power, Goyal said that the US and many European countries have discontinued installation of nuclear plants.

"This government would like to be cautious that we are not being saddled with something outdated only under the garb of clean energy or alternate energy; something which the West has discarded and is sought to be brought to India," he said while speaking at India Economic Summit.

He added that he has yet to determine the life-cycle costs of nuclear power right through to decommissioning. The Minister predicted a "huge investment opportunity" of nearly $250 billion in the energy sector over the next four to five years, including $100 billion in renewables and $50 billion in transmission and distribution.

"This government is sincere in giving power to all and this government will protect investments as we go forward," he said.

"I hear that US and Europe are also not developing new nuclear power plants. We are cautious about it as we don?t want to be saddled with an old asset in the garb of alternate energy," he added.

Source : India doesn't want to be saddled with out-dated nuclear tech: Goyal - Firstpost

 

[Kloitra]

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New Delhi: As government charts out a multi- pronged growth agenda for power sector, it is cautious about not being saddled with technology discarded by West in the name of nuclear energy, Union Minister Piyush Goyal said today.

Sounding a cautious note on nuclear power, Goyal said that the US and many European countries have discontinued installation of nuclear plants.

"This government would like to be cautious that we are not being saddled with something outdated only under the garb of clean energy or alternate energy; something which the West has discarded and is sought to be brought to India," he said while speaking at India Economic Summit.

He added that he has yet to determine the life-cycle costs of nuclear power right through to decommissioning. The Minister predicted a "huge investment opportunity" of nearly $250 billion in the energy sector over the next four to five years, including $100 billion in renewables and $50 billion in transmission and distribution.

"This government is sincere in giving power to all and this government will protect investments as we go forward," he said.

"I hear that US and Europe are also not developing new nuclear power plants. We are cautious about it as we don?t want to be saddled with an old asset in the garb of alternate energy," he added.

Source : India doesn't want to be saddled with out-dated nuclear tech: Goyal - Firstpost

They are not developing new because they are not as energy hungry as India is. Most of the European countries have sufficient power sources, and new installations being renewable fulfills their needs. Can't happen with India.

 

[anant_s]

The only outdated thing with Indian NPPs is their capacity which is presently limited to 540 MWe (700 MWe reactors are in construction). Indian plants have some of the best operating record anywhere in the world with great availability factors and very competitive setup costs.
As ex PM Manmohan Singh said, India doesn't have the Luxury of choices as far as energy sector is concerned. we must use all available options and N Power is certainly a significant one.

They are not developing new because they are not as energy hungry as India is. Most of the European countries have sufficient power sources, and new installations being renewable fulfills their needs. Can't happen with India.

& Also the energy demands have plateaued, so they are focusing on improving the transmission and cutting losses. Here in India, we need to install more and more capacity.

 

[trident2010]

Nuclear energy is way to go.