confirmed that the nuclear deal is off the table for now because the country simply cannot afford it.
He echoed President Cyril Ramaphosa’s statement at the World Economic Forum in Davos earlier this year, said procuring new nuclear power was not a priority as it was too expensive, and the country had electricity overcapacity at the moment.
“We cannot afford it. (But) it remains in the energy mix,” he said. The cabinet approved the revised integrated resource plan (IRP) in December last year. “We did not say we will start (procuring nuclear) immediately.”