Eskom will follow Koeberg’s design-for-cost algorithm
ENERGY Minister Tina Joemat-Pettersson has confirmed in Parliament that the nuclear inquiry will be issued to the market on September 30. This process will, once and for all, stop the speculation about the price and affordability of the future nuclear programme.This will enable the integrated resource plan to be updated with realistic cost data from vendors and enable a realistic business case, including the funding plan, to be put together for approval by the authorities.Eskom and the government have always said the nuclear build programme will be delivered at a pace and a price that SA can afford. The programme will be designed to cost. The targeted levellised cost will be under R1/kWh, which is attainable based on the latest analysis of the cost of building nuclear power plants.This would make it an extremely attractive and affordable base-load option even compared to the best estimates for renewables and gas. The power plant will be designed for an operating life of 60 years, wi...
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