An advisor at Cabinet’s now defunct energy war room says South Africa can’t afford nuclear energy and doesn’t require it in its power generation mix.
Anton Eberhard, Professor at UCT Graduate School of Business and member of the National Planning Commission on Energy, is calling on Government to remove uncertainty about nuclear and to “demonstrate that this initiative is not corrupt and will not be ruinous for the economy”.
The Money Show’s Bruce Whitfield interviewed Eberhard.
Scroll down for quotes from the audio below.
The Eskom war room doesn’t exist anymore.— Anton Eberhard
Studies have been done, but not released. This is telling.— Anton Eberhard
Treasury is asking serious questions. We’ve got a long way to go before South Africa will make any contractual agreements.— Anton Eberhard
Wind is down to 57 cents per kilowatt hour. I challenge any nuclear vendor to sign a long-term contract for less than R1 per kilowatt hour!— Anton Eberhard
Nuclear is not a very clever thing to do right now.— Anton Eberhard
The onus is on those who want nuclear to show that it won’t be ruinous for the economy and the initiative won’t be corrupt.— Anton Eberhard
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews ADvTECH CEO Roy Douglas.
It’s stock pick time on The Money Show! Bruce Whitfield interviews Cartesian Capital CEO Anthea Gardner.
The group refuses to admit guilt for any casualties. Bruce Whitfield interviews Tiger Brands CFO Noel Doyle.
If this is the only business content you consume all week; you’re all right.
Bruce Whitfield interviews newly appointed South African Nuclear Energy Corporation (Necsa) Chairperson Dr Kelvin Kemm.
Nuclear expert Dr Anthonie Cilliers discusses the suitability and affordability of the nuclear build programme.
‘I've never come across a child that sits in a naughty corner & reflects about their behavior.’ – Mia Von Scha, transformational coach
NPA boss Shaun Abrahams announced on Friday that the state will reinstate fraud and corruption charges against Jacob Zuma.
The former principal of the school in Pinelands in Cape Town allegedly used the money for a holiday and golf membership.
The Daily Maverick's Scorpio unit says more than R70-million was paid through third party payments for the benefit of Oakbay.
Premier Helen Zille talks about the Western Cape government's work on land reform and how far along it is.
The Recyclers remember Ian McPherson, who was stabbed to death in Fish Hoek on Tuesday.