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Publish Date : 17-Jul-2015

South Africa's energy ministry has announced that the country will launch its nuclear power procurement process at end of July and choose a strategic partner or partners by the end of the current fiscal year.

The ministry said that some of the major government objectives for its nuclear new build program include: achievement of global leadership and self-sufficiency in the nuclear energy sector in the long term; a contribution to the national program of socioeconomic transformation, growth and development; enhancement of the quality of human life and to support the progress of science and technology.

The Cabinet sanctioned and promulgated in March 2011 a 20-year Integrated Resource Plan, the government's power plan, which the ministry said is "a mixed energy agenda" that puts nuclear energy at 23% (9600 MWe) of South Africa's energy sources by 2030. In line with this plan, the commissioning of the first reactor will be done by 2023.

The ministry said, "The National Development Plan, approved in 2012, enjoins us to conduct thorough investigations into various aspects of the Nuclear New Build Program before a procurement decision is taken. In line with this policy the government undertook detailed studies on various aspects of the nuclear fuel cycle value chain, including amongst others, costs, financing, funding models, skills development, and the economic impact of localisation. These studies have confirmed the program is fundable and will contribute positively to the economy of the country."

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