South Africa’s key driver to the strategy choice for atomic power depends on the financial matters of the vitality source.
“As of now Koeberg is one of our most reduced cost power sources, and age III atomic power plants remain a decent monetary decision for South Africa. Age IV atomic power plants guarantee enhanced financial aspects and South Africa anticipates sending such propelled vitality frameworks for its advancement,” he said on Thursday.
Located in Cape Town, Koeberg is the only nuclear power station on the African continent.
The Department of Environmental Affairs has recently issued a positive record of decision for Eskom to proceed with an Environmental Impact Assessment into the suitability of the same site to host 4000 MW of nuclear generated electricity.
Minister Mahlobo said the Department of Energy welcomes this decision as it allows for a public participation process.
He told the gathering that the country has accumulated extensive experience in nuclear technology development and nuclear power generation.
“South Africa has made a policy decision to pursue nuclear energy as part of the energy mix and recognises the role of nuclear as a base-load source of energy in ensuring security of supply and climate change mitigation.”
Currently, nuclear constitutes about 6% of the South African energy mix – with 1 800 megawatts of electricity supplied to the national grid by the Koeberg.
The approved Integrated Resource Plan of 2010-30 provides for coal, gas, renewables and 9600 megawatt nuclear as part of the energy landscape by 2030.
Minister Mahlobo added that one of the most important facets of nuclear power is its safety.