So now we have it: the cost of Nuclear 1 is “over R300 billion” (African Energy News Review quoting Eskom’s CEO Jacob Maroga.) not R100-120bn as first mentioned.
For R300bn you could fund the entire Inga III 4500MW hydroelectric scheme, 3000 MW of wind power,1600MW of solar thermal concentrator with salt storage, 5000MW of capacity displacement by solar water heaters and have a few Rbillion change for an upgrade of the distribution.
Nuclear1, 2, 3 would take up almost the entire Eskom budget of R1.3 trillion to 2025.
Rod Gurzynski
