Business

Energy dept requests submissions for 2500MW nuclear build

Last updated on September 11th, 2021 at 02:45 pm

The Department of Mineral Resources and Energy said in a statement released on Sunday that it is giving members of the public a month to respond to its request for information for a 2500 MW nuclear build program.

This comes after Minister of Mineral Resources and Energy Gwede Mantashe said in May that The South African government planned to pursue nuclear power, if there an “appetite” in the market existed for it.

More than 77% of South Africa’s energy needs are being met by ageing coal-fired power plants that have been struggling after years of not being properly maintained.

Mantashe was addressing Parliament, when he also said the department would procure 2 500 MW of nuclear power by 2024.

“Given the long lead-time of building additional new nuclear capacity, upfront planning is necessary for security of energy supply to society into the future.

The statement said the Department would commence preparations for a nuclear build programme at a pace and scale that the country can afford because it is a no-regret option in the long term.

“This will enable the Department to gain insight into the cost of the programme, possible ownership structures, cost recovery, the end user cost and sustainability of the programme,” the statement said

(Fin24)

Albert Echetah

Recent Posts

South African Group Petitions For Chidimma Adetshina’s Removal FromInternational Miss Universe Pageant Over Identity Fraud Allegations

A group called Progressive Forces in South Africa has launched a petition against MissUniverse Nigeria Chidimma Adetshina, with the aim…

November 5, 2024

Mauritius Reopens Social MediaAccess in Response to PublicPressure

Mauritius on Saturday overruled its decision to prohibit social media until the election onNovember 10th which was caused by a…

November 5, 2024

UAE Crown Prince Arrives in Ethiopia for WorldWithout Hunger Conference

The UAE’s Crown Prince of Abu Dhabi, His Highness Sheikh Khaled bin Mohamed bin Zayed AlNahyan was in Addis Ababa…

November 5, 2024

Zimbabwe’s rich (Mbingas) linked to state looting

Gilbert Machokoto, a former teacher, said that setting up a business in the late 1980s, shortlyafter Zimbabwe's independence, was ‘like…

November 4, 2024

Historic Shift in Botswana as PresidentConcedes to Opposition Victory

Following elections in which the party that had ruled the diamond-rich nation for almost 60years suffered a historic setback. Botswana's…

November 4, 2024

Lightning Strike at Uganda Refugee CampClaims 14 Lives, Including Children

A lightning strike at a refugee camp in Uganda kills 14 people including children with 34 othershospitalized. The incident happened…

November 4, 2024

This website uses cookies.