Eskom's nuclear RFP launch surprises markets

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Johannesburg – Market reaction to reports that Eskom will launch requests for proposals (RFPs) for its 9.6GW nuclear build has been negative, said Nomura economist Peter Attard Montalto.

In a statement issued on Tuesday, Montalto said that the news had come as a “surprise” as nuclear no longer seemed to be an issue after the Department of Energy (DoE) published its Integrated Resources Plan (IRP).

The approval of the Thyspunt site also contributed to the surprise, said Montalto.

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