Friday, November 27, 2015

Nene will not sign up government for R500bn nuclear bill, says Louw | Energy | BDlive

Nene will not sign up government for R500bn nuclear bill, says Louw | Energy | BDlive: "FINANCE Minister Nhlanhla Nene is extremely unlikely to commit the government to spending at least half a trillion rand on building 9,600MW of nuclear power, given the country’s current debt levels, Free Market Foundation executive director Leon Louw said on Thursday.

The government’s firm undertaking to build new nuclear power stations to add baseload power has unleashed a storm of controversy on issues ranging from affordability to transparency, localisation and environmental effects."



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