Share

Costs, risks of nuclear have come down, says govt as it prepares for procurement

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
loading...
Loading, please wait...
The government has committed to pursuing nuclear only at a pace and scale it can afford.
The government has committed to pursuing nuclear only at a pace and scale it can afford.
Gallo Images

As government prepares to launch a tender for nuclear power before the financial year end, it says the cost of nuclear technologies is coming down, while the risks associated with such a project can be mitigated through the right business model.

That's according to Katse Maphoto, the Department of Energy's chief director of Nuclear Safety and Technology.

Although new nuclear is not part of South Africa's electricity infrastructure plans as detailed in the Integrated Resource Plan (IRP) 2019-2030, the document does recommend that preparations are made to procure 2 500MW of nuclear post-2030. As such, government has begun processes to procure the technology.

Read this for free
Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Try FREE for 14 days
Already a subscriber? Sign in
heading
description
username
Show Comments ()
Rand - Dollar
19.11
+0.5%
Rand - Pound
23.77
+0.4%
Rand - Euro
20.45
+0.4%
Rand - Aus dollar
12.72
+0.7%
Rand - Yen
0.14
+0.8%
Platinum
1,018.04
-2.1%
Palladium
1,387.24
-1.5%
Gold
1,942.34
-1.1%
Silver
23.47
-0.5%
Brent Crude
76.29
-0.6%
Top 40
71,833
+0.3%
All Share
77,126
+0.4%
Resource 10
70,231
+1.0%
Industrial 25
103,486
-0.4%
Financial 15
15,357
+1.4%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders