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Jordan's Future Energy - Greenpeace

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Executive summary<br />

Jordan’s nuclear power programme is seriously misconceived on a number<br />

of grounds: technology; economics; commercial arrangements; and<br />

appropriateness for the Jordanian electricity system.<br />

The two front-running technologies, the Sino-French Atmea1 and<br />

the Russian AES92, are unproven in operation. The work on the Atmea1<br />

detailed design has not been started yet, a thorough review of the safety of<br />

the design has not been undertaken yet and, apart from Jordan, it has no<br />

firm prospects for orders. The AES92 design has been built in India and at<br />

the end of 2012 was reported to be ready to start operation, albeit after a<br />

prolonged and problematic construction phase.<br />

The economics of nuclear power are acknowledged to be poor even for<br />

highly experienced nuclear countries. For example, the UK is negotiating to<br />

build a nuclear plant expected to generate power at a cost of the order<br />

£100-160/MWh ($160-250/MWh). Jordan’s lack of nuclear expertise, the<br />

difficult siting issues (e.g., lack of cooling water, grid weakness and seismic<br />

concerns) mean the cost of power in Jordan would be highly likely to be<br />

higher.<br />

From a commercial point of view, Jordan’s lack of experience with nuclear<br />

power and its weak sovereign credit rating mean that it needs a foreign<br />

partner to take a majority equity stake to provide the necessary expertise<br />

in operations and maintenance and to obtain finance at an affordable cost.<br />

There seems little interest from appropriately qualified foreign utilities to<br />

take on this role.<br />

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