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29 November 2017

S.Africa: energy minister refutes rushing nuclear deal

"There is no nuclear energy deal in South Africa that is being rushed and expedited by myself as Minister of Energy," says David Mahlobo.

According to the Business Day, Mahlobo was responding to a parliamentary question raised by EFF MP Mzingisi Dlamini who asked the minister why he was "seemingly in a rush to expedite a nuclear energy deal that South Africa cannot afford."

Last month finance minister, Malusi Gigaba said the country’s new nuclear build programme is not affordable and not necessary.

Revised integrated resource plan

To defend the importance of additional nuclear  energy in South Africa's energy mix, Mahlobo indicated that his department is concluding the revised integrated resource plan, which the new nuclear programme is a big part of.

He said: "The Department of Energy is currently updating the integrated energy plan and the integrated resource plan.

"The completion of the integrated resource plan is driven by the need to create policy certainty which is necessary to create a conducive environment to support investor confidence for increased investment in our economy. The three critical components of this process will be scale, pace and affordability."

The minister stressed that the integrated resource plan is a living plan that is expected to be continuously revised and updated as required by changing circumstances.

 

Featured image: Stock

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