Speaking to thethe group said it is fed up with South Africa’s decade-long battle with load shedding – which has caused significant disruptions to daily life and economic activity – and has engaged in discussions with specialist venture capital firm C5 Capital which invests in nuclear energy, among other things.
AfriForum’s role will reportedly be to facilitate the investments and expertise needed for the development of the reactors. The consequences of load shedding are far-reaching and affect nearly every aspect of life in South Africa. The government has taken steps to address the load shedding crisis, including increasing investment in renewable energy and independent power producers and implementing measures to improve Eskom’s efficiency and financial stability.
Good to hear. Just a small correction: it is a Pebble Bed Modular Reactor, not Peddle Bed. The fuel is small spherical 'pebbles.'
I hate that it's AfriForum doing this But it's good that it get done
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