Nuclear energy vital for sustainable economy
Jeffrey, Rob
South Africa
2018
cd4ddc1cc29ba262062a524265efa7f9.jpg
Rob Jeffrey, Independent Economic Risk Consultant: “Although nuclear energy has a high capital cost, it has a large load factor that is about 90%, compared with other energy sources that have a much lower load factor and life capacity.” South Africa’s National Development Plan (NDP) set the country’s gross domestic product (GDP) growth target at more than 5% a year for the country to meet its economic, social and political objectives. These objectives include the three fundamental targets of reducing inequality, poverty and unemployment.