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Electricity minister meets Amazon-backed nuclear company with South African ties

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The company in question counts at least two South Africans in its scientific and engineering leadership as well as a South African-owned venture capitalist firm as one of its biggest investors.

Minister of Energy and Electricity Kgosientsho Ramokgopa recently met with a nuclear reactor company that has received a $300-million funding injection from Amazon, RapportRamokgopa’s office told the publication that the minister visited US-based X-energy’s facility on Friday to assess its capabilities.

These spheres generate heat, which is transferred by helium to boil water and generate steam to turn a turbine, which produces electricity. The involvement of Amazon will be key to streamlining and ramping up SMR production, according to South African venture capitalist André Pienaar.Pienaar previously said that C5 Capital was working to raise a further R9 billion to build a 320MW power plant in the Western Cape.

Mulder was also the North-West University Potchefstroom Post Graduate School for Nuclear Sciences and Engineering director and a professor in the School of Mechanical and Nuclear Engineering. However, the power utility has been experiencing significant delays with the plant’s 20-year life extension programme.

 

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