What does a Nuclear Plant Cost?

Coming soon

After the recent announcement by South Africa’s Minister of Energy regarding the construction of a new nuclear power plant, many in my audience may be curious about the funding source, the various options available and if we can really afford it. I plan to publish a more comprehensive article soon, detailing the typical structure of nuclear deals.

In the meantime, the graph below illustrates the current developments. It's essential to be cautious about purchasing the plant from a country experiencing challenges in its construction process!

I explained the price variation between western and eastern countries to the South African Free Market Foundation a few months ago.

Nuclear power is affordable, and in fact, the best deals are currently being negotiated in the developing world—countries characterized by high unemployment, low electricity prices, significant brain drain, and financial challenges.

Does this sound like South Africa?