Mantashe must stop with his ridiculous nuclear fantasies
1 June 2023
Having lost all credibility on how to address the electricity crisis and secure new generation capacity for South Africa, the Minister of Mineral Resources and Energy, Gwede Mantashe, has now found a favorite past time – clamoring for fiscally unattainable nuclear power.
Oblivious to the fact that his ANC government has practically collapsed economy, leaving the state coffers empty, Mantashe still insists on forging ahead with plans for a 2500MW nuclear build programme. Even if the country could afford such an investment, it will be another 10 to 15 years before the first megawatt is supplied to the grid. Given our track record with Medupi and Kusile, even this seems unlikely.
South Africa does not have 10 years – the ongoing electricity crisis require the acquisition of new generation capacity in the shortest possible time. If reports from the government’s Operation Vulindlela are anything to go by, renewable energy currently offers the best distributed sources of energy to provide relief for loadshedding in the shortest possible time. Several projects are currently in the process of being connected to the grid, only a few years after they attained bid qualification.
The idea of a new nuclear build programme has been rejected across the board, including from within the ANC itself. In 2018, the then ANC’s Treasurer General, Paul Mashatile, rejected the notion of nuclear energy arguing that South Africa cannot afford large-scale expansion of its nuclear power fleet. This was just a few years after Treasury had also poured cold water on new nuclear projects because the country was essentially broke.