nuclear-news

South Africa has signed five international nuclear agreements with Russia (which is seen as the preferred bidder), France, China, South Korea and the US as it moves ahead with the procurement for its nuclear energy programme. A decision is due in March 2016.

The DA said in a statement the annual report shows that the National Treasury had clearly done more work on the feasibility, financing and assessment of alternative energy options, including nuclear energy, than the minister has been prepared to disclose; and much of the work was completed before the end of the 2014/15 financial year.

The DA said the 2014/15 annual report shows the Treasury:

• conducted and completed extensive work on nuclear energy during the 2014/15 financial year;

• some of the work was included in the decision-making process and submitted to the Department of Energy during the 2014/15 financial year; and

• an official, or officials, from the National Treasury, received training, at an estimated cost of R500 000, in nuclear finance, which was sponsored by South Korea.

“We cannot sit back and allow the nuclear build programme to go ahead in secret given the massive financial implications for South Africa,” the DA said……..

According to annual report, the Treasury’s National Capital Projects Unit, also completed “several in-depth studies on short and long-term energy generation options for South Africa”.

The DA said on Sunday although there is no explicit mention of nuclear energy, the National Capital Projects Unit’s in-depth studies “almost certainly include nuclear energy as a possible energy generation option for South Africa”.

It said Joemat-Pettersson “is walking a political tightrope because the National Treasury has more than likely raised serious questions about the feasibility of the nuclear build programme”.

The DA said it will request the chairperson of the Standing Committee on Finance, Yunus Carrim, to schedule a briefing by the National Treasury on the work conducted and completed on the nuclear build programme by the National Treasury; and the economic and financial implications of the proposed nuclear build programme for South Africa. http://www.timeslive.co.za/politics/2015/09/27/Annual-report-exposes-Treasury-on-nuclear-says-DA