nuclear-news

Nuclear power doubts by South Africa’s industry and finance groups

SAfrica nuclear plan comes under fire by industry |   Reuters, By Agnieszka Flak, 4 Dec 10, JOHANNESBURG   South Africa’s proposed plan to build six new nuclear plants by 2030 came under scrutiny on Friday as industrial leaders, bankers and environmentalists questioned cost, timelines and feasibility in public hearings.
In a draft of its Integrated Resource Plan (IRP 2), the government proposed that nuclear and renewable energy play a bigger role in plugging South Africa’s power deficit as it seeks to halve its reliance on dirtier coal-fired plants…..
South Africa is keen to get private investors to help foot the bill for new plants and reduce the strain on Eskom.

The government has said the nuclear investment may need to be government-led, and CGNPC suggested that the power purchase agreement could be backed by government guarantees………..

December 4, 2010 - Posted by Christina Macpherson | business and costs, South Africa