nuclear-news

Russia’s state-owned energy company Rosatom is drumming up new nuclear business in Africa

 As the sabre-rattling over possible sanctions against Russia’s nuclear
industry intensifies, the country’s state-owned energy company Rosatom is
busily drumming up new business in Africa.

Last month, speaking at the
African Energy Indaba in Cape Town, Rosatom’s chief executive for central
and southern Africa, Ryan Collyer, urged the continent’s most
industrialised country, South Africa, to press go on its nuclear programme
to ensure “stable, affordable and environmentally friendly” power. It
was a message that resonated with South Africa’s energy minister Gwede
Mantashe, who said the country, which has been battling electricity
blackouts for the past 16 years, expects nuclear energy to be part of the
fix.

“The proposal to develop 2,500MW of nuclear power is not a dream —
there’s already an agreement, and the procurement capacity is being
worked on. We’re going to be investing in that capacity,” he told the
conference. While nuclear power provides about 10 per cent of electricity
generated globally, according to the Paris-based International Energy
Agency, the Koeberg plant in Cape Town is the only nuclear power station on
the African continent. Yet a number of African countries have announced
plans to build nuclear power plants in the past year — including Uganda,
Rwanda and Kenya.

 FT 2nd April 2024

https://www.ft.com/content/4f1d0d1d-3a98-4b03-8771-54d88ed0a023

April 4, 2024 - Posted by Christina Macpherson | AFRICA, business and costs, politics international, Russia