What does the updated Integrated Resource Plan mean for SA's future in energy?

The Department of Energy has released the updated version of the much-anticipated Integrated Resource Plan that sheds more light on the country's energy needs.

The debate on whether nuclear should be added to South Africa's energy mix has become a contentious issue due to the exorbitant costs.

However, the newly-appointed acting Eskom CEO, Matshela Koko, has insisted that nuclear would benefit the country in efforts to stabilise the grid.

Solar is the story of the decade, it's come down by 90% in price in the last six years. I don't know how far more it will go down.

Dr Eddie O'Connor, Mainstream Renewable Power

702's Stephen Grootes spoke to CEO of Mainstream Renewable Power, Dr Eddie O'Connor about what lies ahead for South Africa's energy production.

He said that it would be premature at this stage for SA to pursue nuclear production as it may cost taxpayers R1 trillion.

Why would anybody build nuclear in South Africa and spend a trillion rand?

Dr Eddie O'Connor, Mainstream Renewable Power

Listen to the interview below:


Recommended

by NEWSROOM AI
Read More
Eskom insists renewable energy not an option

Eskom insists renewable energy not an option

Eskom has announced that it will go ahead with nuclear plan despite new information suggesting it will only be needed by 2037.

Eskom insists that nuclear will stabilise SA's power grid

Eskom insists that nuclear will stabilise SA's power grid

Nuclear energy remains a contentious issue in SA, with some experts arguing that other cheaper options are being ignored.

Eskom to issue requests for nuclear power proposals before year end

Eskom to issue requests for nuclear power proposals before year end

Parliament has also passed the Division of Revenue Amendment Bill after it failed twice when there were not enough MPs to vote

Finance Minister confirms Eskom will head up nuke programme

Finance Minister confirms Eskom will head up nuke programme

Eskom will be in charge of the nuclear procurement programme and the Department of Energy will be the coordinating agent.

South Africa doesn't need nuclear power- energy expert

South Africa doesn't need nuclear power- energy expert

University of Cape Town's Prof. Anton Eberhard says any decision by Eskom to build nuclear power stations would be irrational.

Energy department: Eskom will fund nuclear build on its own

Energy department: Eskom will fund nuclear build on its own

Minister of Energy Tina Joemat-Pettersson says the money to fund the nuclear energy programme will not come from Treasury.

Government delays nuclear power procurement

Government delays nuclear power procurement

Energy Minister has announced that South Africa will delay tendering for new nuclear power stations.

More consultation needed for nuclear

More consultation needed for nuclear

Minister Joemat-Pettersson would only make an announcement once Cabinet has ironed out various aspects on going nuclear.

Popular articles
[WATCH] London underground train singer performing Shallow on Ellen goes viral

[WATCH] London underground train singer performing Shallow on Ellen goes viral

Khabazela shares some of the videos that went viral on Twitter and Facebook.

Unions not happy with Mboweni's announcement to cut public wage bill by 1%

Unions not happy with Mboweni's announcement to cut public wage bill by 1%

Public Servants Association's Reuben Maleka says the government is trying to pit unions against the public.

Wait - why did that debit order go off so early?

Wait - why did that debit order go off so early?

Wendy Knowler, consumer journalist, on Nedbank's early debit orders.

Budget 2020: The big surprise was two billion rand in tax relief

Budget 2020: The big surprise was two billion rand in tax relief

Individual tax payers are actually better off as a result of Budget 2020.

$7 trillion could save the world but not in the way you might think

$7 trillion could save the world but not in the way you might think

A billionaire asset fund manager has told global CEO’s to focus on climate change.

Budget 2020: The good, the bad, and the ugly

Budget 2020: The good, the bad, and the ugly

The Money Show asked three economists for their views on the pros and cons of Budget 2020.

 Magistrate Desmond Nair provisionally suspended over Bosasa allegations

Magistrate Desmond Nair provisionally suspended over Bosasa allegations

Nair was charged with two counts of misconduct in November last year following a preliminary investigation by the ministry.

Literacy Project to empower caregivers of pre-school children

Literacy Project to empower caregivers of pre-school children

CEO Steven Roux says they identified that there is a significant number of children who are not getting access to good creches.

Frustrated judge tells Dudu Myeni to answer questions directly - report

Frustrated judge tells Dudu Myeni to answer questions directly - report

The former SA chairperson was giving evidence in the delinquency case brought by Outa and the SA Pilots Association

Mboweni allocates R60-billion for SAA and Eskom

Mboweni allocates R60-billion for SAA and Eskom

Economist Dr Sean Miller says Eskom is a national problem and it is going to need to be bailed out.