South Africa’s nuclear procurement programme is far from a done deal and could collapse at any point, according to energy expert Chris Yelland.
While Cabinet approved the next stage of the new build plan for 9 600 MW of nuclear power on December 9, Yelland cautioned that there are many hurdles to overcome before any deal is made.
“The nuclear new build is far from a done deal, either with the Russians or any other vendor country, especially with Finance Minister Pravin Gordhan now taking a firm grip on the till, with the question of affordability high on his mind,” he told Fin24.
Cabinet approved a process whereby the response of the market to the RFP will determine the final funding model, Thabane Zulu, director general of the Department of Energy, told Fin24 in a statement on Saturday.
Thyspunt is the preferred site for a nuclear power station, despite flaws in the Impact Studies and concerns that the infrastructure of Kouga is unable to handle a mega project worth R 200 billion.