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

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

702 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 702 community a safe and welcoming space for all.

702 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.

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

Read More
How to find a great property rental deal (or great tenant)

How to find a great property rental deal (or great tenant)

Renting? Letting? Bruce Whitfield checks out an amazing new platform that connects tenants with property managers.

SAB Foundation has an R83 million fund to help your small business grow

SAB Foundation has an R83 million fund to help your small business grow

The Money Show’s Bruce Whitfield interviews The SAB Foundation Director Bridgit Evans.

'We need 50 brave souls in the ANC to vote with their conscience'

'We need 50 brave souls in the ANC to vote with their conscience'

"We know people are scared. They [ANC MPs] need to see that South Africa is behind them," says Sygnia's Magda Wierzycka.

People are flocking to ‘F*ckUp Nights’ to discuss bouncing back from failure

People are flocking to ‘F*ckUp Nights’ to discuss bouncing back from failure

The road to success is paved with f-ups. This movement connects people who share stories of failure and strategies for success.

Robots may resemble gods by 2045 (but they'll take your job long before then)

Robots may resemble gods by 2045 (but they'll take your job long before then)

Is it even possible to stay ahead? Arabile Gumede interviews Creative Counsel CEO Gil Oved.

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
Meet self-made millionaire (net worth – R400m!) property mogul Sisa Ngebulana

Meet self-made millionaire (net worth – R400m!) property mogul Sisa Ngebulana

How did Ngebulana build his empire? The Money Show’s Bruce Whitfield interviewed him for his weekly “ShapeShifter” feature.

6 ways the new UIF bill benefits workers

6 ways the new UIF bill benefits workers

The broadened bill will see those who lose their jobs receive money for a longer period when they apply for unemployment benefits.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

NSFAS to reopen 2017 applications

NSFAS to reopen 2017 applications

National Student Financial Aid Scheme says it will reopen 2017 loan applications after receiving requests for deadline extension.

Right now, these are the best shares to buy on the JSE (according to Adviceworx)

Right now, these are the best shares to buy on the JSE (according to Adviceworx)

Bruce Whitfield interviews a Portfolio Manager about what she believes are the hottest stocks right now.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?