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Koeberg Plant Maintenance Works Are 45 Days Behind Schedule
News24 reports that the project to extend the lifespan of Koeberg power station, the only nuclear power plant on the African continent, is running 45 days behind schedule, raising the risk of increased power outages in the winter period.
- The delay to maintenance works means that South Africa will likely have to spend the whole winter without one unit of the Koeberg plant. The unit has a capacity of 920MW, which would allow to reduce load-shedding by one stage.
- Electricity Minister Kgosientsho Ramokgopa confirmed the delay and noted that the unit will not return to service by 23 July as planned before. This pushes back the beginning of works on the other unit, which are now slated to start in November.
- Meanwhile, Ramokgopa said that he gives "the SA public the assurance that I don't foresee us moving to higher stages of load shedding, that is beyond Stage 6. When we get there we will run our peaking stations."
- Eskom is racing to complete the maintenance works by July 2024, when Koeberg power station's current license expires. The electricity utility has applied to the National Nuclear Regulator for an extension.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.