Alas, it appears that the figure quoted by Eskom chief executive Jacob Maroga for the cost of the new nuclear plant for South Africa was wrong. He said R300 billion. Seems that is the cost for the next THREE nuclear plants. Thus the cost of nuclear is not ZAR 75 million / MW but rather ZAR 25 million / MW. Still more than wind, and that is without overruns.
But, I am not sure what is more scary, the fact that nuclear is still expensive and we’ll do it anyway, or that the Chief Executive of ESKOM does not know what they cost!
Frank
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