SA can’t afford (and don’t need) nuke energy – former energy “war room” advisor

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

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : SA can’t afford (and don’t need) nuke energy – former energy “war room” advisor


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Bob Martin’s new adverts celebrate how good pets are for humans

Bob Martin’s new adverts celebrate how good pets are for humans

Bruce Whitfield asks branding and advertising expert Andy Rice to critique the week’s advertising “heroes” and “zeroes”.

How to effortlessly trade rands for Bitcoin and Ethereum

How to effortlessly trade rands for Bitcoin and Ethereum

The Money Show’s Bruce Whitfield interviews Luno Country Manager Marius Reitz.

'New law threatens to wipe out vaping in South Africa'

'New law threatens to wipe out vaping in South Africa'

The Money Show’s Bruce Whitfield interviews Zodwa Velleman, CEO at the Vapour Product Association of South Africa.

The UAE is pumping billions into the Horn of Africa

The UAE is pumping billions into the Horn of Africa

The Money Show's Bruce Whitfield interviews Africa correspondent Lee Kasumba

If it was up to Dr Kelvin Kemm, SA’s future would look bright and nuclear

If it was up to Dr Kelvin Kemm, SA’s future would look bright and nuclear

Bruce Whitfield interviews newly appointed South African Nuclear Energy Corporation (Necsa) Chairperson Dr Kelvin Kemm.

Nuclear energy is very safe and may boost SA's economy - Dr Anthonie Cilliers

Nuclear energy is very safe and may boost SA's economy - Dr Anthonie Cilliers

Nuclear expert Dr Anthonie Cilliers discusses the suitability and affordability of the nuclear build programme.

Popular articles
The UAE is pumping billions into the Horn of Africa

The UAE is pumping billions into the Horn of Africa

The Money Show's Bruce Whitfield interviews Africa correspondent Lee Kasumba

'Minnie understood he might become a target'

'Minnie understood he might become a target'

Marianne Thamm wrote the forward to 'The Lost Boys of Bird Island' and worked with Mark Minnie in editing the controversial book.

'The Guernsey Literary & Potato Peel Pie Society film will leave you hooked'

'The Guernsey Literary & Potato Peel Pie Society film will leave you hooked'

Film reviewer Gayle Edmunds chats about 'The Guernsey Literary & Potato Peel Pie Society' film, and what movie-goers can expect.

[READ] Owner of CPT's YogaZone responds to racial claims made by yoga instructor

[READ] Owner of CPT's YogaZone responds to racial claims made by yoga instructor

Africa chats to the owner of YogaZone after a yoga teacher called in to speak about the racism she experienced from a co-worker.

'Black Tax'... working hard, earning well, but struggling financially

'Black Tax'... working hard, earning well, but struggling financially

Young(ish) South Africans tell stories of the mixed emotions they feel when supporting family members, and tips from an advisor.

Castro bodyguard shares tales of dictator’s double life and breath-taking wealth

Castro bodyguard shares tales of dictator’s double life and breath-taking wealth

Juan Sanchez shares stories of Fidel Castro that’ll make you re-examine everything you thought you knew about the Cuban dictator.

How Tracey Chambers is helping unemployed moms become entrepreneurs

How Tracey Chambers is helping unemployed moms become entrepreneurs

The Clothing Bank gives women access to discounted merchandise and 500 hours of training in money management and business skills.