The Science Of ...

Eskom explains why we need nuclear (and why corruption shouldn't be a problem)

We’re looking at R100 billion per unit… I’m weary of quoting numbers…

David Nicholls, Eskom

I’d be naïve to say I can guarantee there won’t be any corruption, but we’re going to do an open tender process. The bids will be evaluated against criteria that needs the support of the National Treasury.

David Nicholls, Eskom

If you believe that wind and a bit of gas is cost affective then surely it has worked somewhere else in the world?

David Nicholls, Eskom

Splitting atoms to create electricity…

Eskom owns and operates Koeberg, the only nuclear power station in Africa.

There are currently intense debates raging around whether or not South Africa should build more nuclear power stations.

The Money Show’s Bruce Whitfield interviewed Eskom Chief Nuclear Officer David Nicholls for his weekly “The Science Of” feature.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

…the more nuclear the less greenhouse gases and the lower the costs…

David Nicholls, Eskom

A plant like Koeberg should last at least 60 years.

David Nicholls, Eskom

No-one has given me a chequebook and said ‘go out and build a plant’.

David Nicholls, Eskom

You would end up with 50% of the grid being nuclear…

David Nicholls, Eskom

The lowest cost options are driven by nuclear.

David Nicholls, Eskom

PV [solar] does nothing for you during the evening peak.

David Nicholls, Eskom

What people want is a stable power supply.

David Nicholls, Eskom

Quoting costs without referring to when it’s generated is not very useful.

David Nicholls, Eskom

The cost of storage hasn’t moved.

David Nicholls, Eskom

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Article brought to us by Old Mutual.

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