Business Maverick: Eskom Weighs Nuclear Fuel Impact After US-South Africa Pact Ends

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 84%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

South African power utility Eskom Holdings SOC Ltd. is examining how the suspension of a pact that enables it to import nuclear fuel components from the US will affect its sole atomic plant.

The Agreement for Cooperation in Peaceful Uses of Nuclear Energy between the US and South Africa expired on Dec. 4. That resulted in Westinghouse Electric Co. losing itsfrom the US Nuclear Regulatory Commission to export fuel-assembly components to Eskom’s Koeberg plant near Cape Town.

“Eskom is exploring the implications of the withdrawal of the US NRC approval for Westinghouse, and what is needed to enable them to continue supplying fuel,” the utility said in a reply to questions. Eskom doesn’t anticipate that it will “have to establish new fuel contracts due to this current issue” and no nuclear fuel shortage is expected at Koeberg in the immediate future, it said.

The development may frustrate Eskom’s efforts to end record nationwide power outages that are crimping the economy. The matter may be raised with US Treasury Secretary Janet Yellen, who is visiting South Africa this week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Oh for fuck sakes.... can't these clowns do anything right?

Yeah good luck with that. This is the find out result of fucking around with Russia.

As long as the ANC retain national executive? That kak wil never happen. It's the reason why ANC was handed South Africa on a silver platter. Promise you ANC and nuclear supply is a recipe for disaster on a world scale. Always been the deal. ANC are not to have grubby paws on it.

ANC boss man wants nuclear power plants but cannot even buy reactor fuel.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines