The ugly truth behind Koeberg’s delays
Delays in the Koeberg nuclear power station’s life extension project in South Africa are reportedly due to a series of blunders by state-owned utility Eskom and French contractor Framatome.
Delays in the Koeberg nuclear power station’s life extension project in South Africa are reportedly due to a series of blunders by state-owned utility Eskom and French contractor Framatome.
Former World Bank president David Malpass has stated that South Africa has tremendous potential but requires significant governmental changes to fulfill it.
Elevated levels of load-shedding in South Africa in 2023 could cost the economy R1.6 trillion in lost economic activity, according to Electricity Minister Kgosientsho Ramokgopa. This is R400 billion more than the previous year.
Eskom has announced that maintenance on the first unit of its Koeberg nuclear plant will be completed five months later than originally planned, now expected to be finished in November.
Expanding South Africa’s electricity grid is projected to cost the country hundreds of billions of rands over the next five years.