Preview

Cost-Benefit Analysis Case Study: Nuclear Power Station in Tulear, Madagascar

Powerful Essays
Open Document
Open Document
5734 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Cost-Benefit Analysis Case Study: Nuclear Power Station in Tulear, Madagascar
[pic]

Benefit-Cost Analysis

Case Study

Nuclear Power Station In Tulear, Madagascar

[pic]

Yavor LAZAROV

Abdo SADAKA

Contents Introduction 3 Madagascar’s case 3 Background information 4 Estimation of Power Plant Capacity. 5 Cost of the project 6 Outflow forcast 7 Total Inflow 8 Payback Method. 10 NPV Method. 12 IRR Method 13 Discounted Payback Method 14 Sensitivity Analysys 15 Scenario Analysy. 17 Advantages and disadvantages of nuclear power generation 19 Conclusion 20

Introduction:

Energy has always been a must for national development. Nearly every aspect of development from reducing poverty and raising living standards to improving health care, industrial and agricultural productivity requires reliable access to modern energy resources. Countries may have different reasons for considering starting a nuclear power project to achieve their national energy needs, such as: lack of available indigenous energy resources, the desire to reduce dependence upon imported energy, the need to increase the diversity of energy resources and/or mitigation of carbon emission increases.

The primary objective of this project is to ascertain the feasibility of siting and commissioning a nuclear plant to serve the future energy needs of Madagascar.
An immediate goal is to enable Madagascar’s government to offset the cost of increasingly expensive fossil fuel, thereby avoiding the progressive transfer of the hard currency to foreign shores. By adding abundant clean energy to the grid, a nuclear plant would additionally support the goal of clean air in Africa, given that most regions of high population within the state are currently judged to be non-attainment areas.

Madagascar’s case:

Due to the rising levels of pollution in Madagascar the government has come to a decision to cancel all the Fossil fuel

You May Also Find These Documents Helpful

  • Good Essays

    As a society grows and develops, there are many issues the people must face during the process. One of the most important problems modern civilizations must solve is where and how they get their energy. In our day and age, we rely heavily on fossil fuels such as coal, natural gas, and oil. Patrick Moore, a writer for the Washington Post, composes an argument for nuclear power and recommends that it should be the future for all things energy. Moore’s argument is a convincing article that would most likely pull many neutral readers to see his side very clearly. The article gives all the pros to the uses of nuclear energy, and does an excellent job of addressing all possible counter-arguments.…

    • 1109 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Many people around the world ask themselves what are the disadvantages of adopting an alternative solution to solve the consumption of global nuclear energy? Based on what we have experienced through events with major disasters and the aftermath of many casualties, it has summed up to result in having failures outgrowing expectations. Therefore, global nuclear power usage is to be opposed due to the fact that it comes with high financial costs, nuclear waste management complications, and the fact that thousands in populations are mass numbers of casualties.…

    • 530 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    labouring the Walmart way

    • 394 Words
    • 2 Pages

    Today nuclear power as an efficient and low consumption energy has been used widely, however, nuclear energy has potential and serious problems which people can not control.…

    • 394 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Nucleat Power in Australia

    • 1193 Words
    • 5 Pages

    Currently, an increasing number of countries have developed nuclear power and adopted nuclear power as their main source of power. However, not all countries support the development of nuclear power. A great deal of residents concerns which have swept across much of the developed world was caused by the growing nuclear industry overseas (Falk ,Green & Mudd 2006).In Australia, nuclear power is not used due to the worries about safety and pollution, but some experts point out that the perception about nuclear power should change, because it is possible that the use of electricity in Australia will double during the period from 2040 to 2050 relative to what it is today (Switkowski 2007).Opinions on whether Australia should adopt nuclear power as main source of power are divided. The controversy has become more heated following the growing concerns that traditional energy is running out. A majority of individuals tend to insist that Australia should not develop nuclear power. However, this essay will discuss that Australia should adopt nuclear power for several reasons: the raw materials of nuclear power, uranium, is abundant in Australia, and to a large extent, nuclear power is more environmentally-friendly and it can bring a lot of economic benefits for Australia, furthermore, the safety concerns are being addressed more effectively over time.…

    • 1193 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Humans have always tried to find innovative, powerful and valid energy sources in order to be able to supply the several needs of modern societies. In this sense, nuclear power is considered one of the most controversial technologies related to the new millennium.…

    • 310 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Many professors, scientists, researchers, and even governments, have been debating over the issue on the use of nuclear power as a main energy source. In Taking Sides, two authors who are highly narrow-minded state their debates on this critical issue. Allison MacFarlane, author of “Nuclear Power: Panacea for Future Energy Needs?”, believes that nuclear power should be revived. She argues that nuclear power will provide sufficient energy, while at the same time reducing carbon dioxide emissions. On the other hand, professor Kristin Shrader-Frechette, author of “Five Myths About Nuclear Energy”, argues that nuclear power is too expensive and unsafe for the environment, when there are renewable energy sources that are better for the environment and economy. I agree with Shrader-Frechette because she proves the five myths about nuclear energy wrong using extremely valid arguments, which exist to prove that nuclear power is not the best option for an energy source in our society.…

    • 1389 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Energy crisis has been important issue recently. Because of the environmental effect, the decrease amount of fuel oil, and the rapidly population growth, we have to find out new energy resources. One of new potential energy resources is nuclear power. Although it has dangerous effect, it is generally agreed that nuclear power as one of useful alternation energy resources that should be considered.…

    • 607 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Scientists have discovered countless energy sources, from fossil fuel combustion to nuclear fission and fusion, each of which have seemed to pose a different problem. Whether the problematic effect seems to be cost or carbon dioxide emission, renewable and nonrenewable resources have both seemed to come with a fair set of cons with their pros. Extensive research on the topic has shown that there seems to be no flawless source of energy extraction, however there certainly are sources that are relatively worse than others. This being said, nuclear energy, from the fusion and fission of radioactive elements, is one of the worst sources of energy because of its immense waste, danger to the general public, and large expenses.…

    • 738 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Introduction In this era of modern technology, electricity is universally needed constantly. There are several ways to generate electricity, and nuclear energy is one of them. The process of generating electricity from radioactive materials such as uranium, is complicated, hard and dangerous. The process is called nuclear fission, it works by splitting particular atoms to generate heat. Nuclear energy is clean and would also open up more job opportunities within the community. People’s opinions of nuclear energy is wildly split down the middle, either safe and clean or dangerous and risky. So should Port Augusta have a power station? Nuclear energy has plenty of positives and negatives, and this report will outline some of the most important ones.…

    • 627 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Final Critical Assignment

    • 1161 Words
    • 4 Pages

    The main issue of the article is whether or not we should increasingly rely on nuclear power and make it our No1 source of energy given endless concerns about its safety and expensive cost. Undoubtedly, in a world of increasing population, diminishing natural resources and worsening climate change, nuclear energy is considered the key future energy resolution. In favor of greater reliance on nuclear energy, Mark Lynas – a climate-science author strongly brought in the reasons of: 1st, nuclear power avoiding climate change while fossil fuels have failed to do so and green energy capability is still being questioned; 2nd, opponents overstating danger even after many reactors has been safety improved; 3rd, the cost is acceptable comparing to other renewables energy. In contrast, Peter A.Bradford – former commissioner of the U.S.Nulear Regulatory Commission insisted in the alternatives, arguing that nuclear power is too costly to be pursued, not to mention its danger and potential severe impacts on people’s health. Obviously, the need of understanding the issue from comprehensive perspectives with substantial data support is essential to weigh the risks and benefits of each opinion.…

    • 1161 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Nuclear Proliferation Final

    • 8122 Words
    • 49 Pages

    Nuclear Proliferation CURRENT BUSINESS AFFAIRS Govt. College of Science Presented to [Sir Muhammad Adil] Presented by [AR SHAKIR] BBA 6th Semester Roll No: 1768 (54) Table of Contents Table of Contents History ________________________________________________________________ 1 Origins _______________________________________________________________ 1 Early Years ___________________________________________________________ 1 Developments _________________________________________________________ 2 Nuclear Proliferation ___________________________________________________…

    • 8122 Words
    • 49 Pages
    Powerful Essays
  • Good Essays

    Nuclear power has been around for quite a while and it’s about time to tap this untouched resource. With this power crisis in front of the Philippines, to look for a plausible answer to the problem requires us to think outside the box, look around and search for the most suitable power source for us. We’ve tapped geothermal energy, solar energy, and wind energy; and at the end of the list, we have no choice but to look at nuclear power. This paper explains why it is not so much a bad idea to spend time and money for nuclear energy.…

    • 1161 Words
    • 5 Pages
    Good Essays
  • Good Essays

    The study is all about the prospects of Nuclear energy as an alternative source of power in the Philippines. The country is experiencing high-cost payment in electricity bills in the past years and tend to even grow more costly. Since the topic is Nuclear energy, the study as well will take up the future perspectives of the Bataan Nuclear Power Plant as the main reactor or will just resemble an unfinished business. Interview with the Philippine Nuclear Research Institute (PNRI), Department of Energy (DOE), Department of Environment and Natural Resources (DENR), Energy Regulatory Commission, and National Disaster and Risk Reduction Management Council will be the prime sources of the information for the stated questions below.…

    • 850 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    underwater welding

    • 1880 Words
    • 8 Pages

    There are more than 400 nuclear power plants in the world. It is a very important issue to operate them…

    • 1880 Words
    • 8 Pages
    Satisfactory Essays
  • Powerful Essays

    Ramana, M.V. (2009). Nuclear Power: Economic, Safety, Health, and Environmental Issues of Near-Term Technologies. Annual Review of Environment and Resources, 34, 136.…

    • 2638 Words
    • 11 Pages
    Powerful Essays

Related Topics