South Africa finds itself at a complicated crossroads of its energy development, and the direction many signals point towards force a questioning whether current and past experiences are lost upon the decision makers deciding the energy and economic fate of their nation.
Similar to sticking your face near the murky waters of the Limpopo to verify if a crocodile lies on the river’s bottom, so too is the precarious nature of discerning whether South Africa will lock a substantial portion of its economic future into the hereunto delivered promises of nuclear power at a cost of 1 Trillion Rand.
The numbers alone, originally estimated at USD $10 billion, shortly thereafter rising to 5 times that amount, and now sitting tenfold higher before any ink has dried, speak for themselves. It is almost a blatant absurdity that South Africa would pursue Russian nuclear at this cost, and there is limited evidence…
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