R9-billion nuclear reactor for SA

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  • čas přidán 8. 04. 2024
  • A landmark agreement has been signed for a R9 billion innovative nuclear reactor in South Africa. In this conversation with BizNews, the partners to that agreement Stephen Edkins and Warren La Fleur of Koya Capital and Dr. Kelvin Kemm of Stratek Global, share the details and provide a timeline. The First of a Kind (FOAK) Small Modular Reactor (SMR) will have the capacity to generate 100MW of heat and 35MW of electricity. It is expected to break ground before the end of the year. Apart from the South African market, there's been “a lot of interest” in the venture, not only from African countries, but from countries like Australia, Canada, Indonesia, and the Middle East.
    Video production by Asime Nyide
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Komentáře • 255

  • @RG-jr8ym
    @RG-jr8ym Před 2 měsíci +69

    If only the ANC government looked at our engineers in a positive light and let them fix Eskom instead of firing all of them when they took over..

    • @schalkvandermerwe3838
      @schalkvandermerwe3838 Před 2 měsíci +11

      ANC don't lyyk whyyte...

    • @divexo
      @divexo Před 2 měsíci +9

      Put Cadre in and real engineers out = total mess

    • @dk.650
      @dk.650 Před 2 měsíci

      Anc have anti white policies used against minorities in SA, funny enough it's in contradiction of the constitution.

    • @johnlamb3101
      @johnlamb3101 Před 2 měsíci

      No brains - Houtkoppe!

    • @truth-Hurts375
      @truth-Hurts375 Před 2 měsíci

      Stop making a complete idiot of yourself....No one was Fired !!! They all left out of their own free will !!!!

  • @danglybit1
    @danglybit1 Před 2 měsíci +90

    We really like SA engineers except the SA Govt.

    • @Votanimestuvela
      @Votanimestuvela Před 2 měsíci +2

      Most of you people who have negative views about SA are the people who left the country thinking after 1994 it will doomed, you coming back now because you have been proven wrong

    • @davidkruger5590
      @davidkruger5590 Před 2 měsíci +9

      We weren't wrong.. The country is most definately poked..

    • @Wolf-hh4rv
      @Wolf-hh4rv Před 2 měsíci

      No engineers in the SA government. Only thieving criminals

    • @Gatis_
      @Gatis_ Před 2 měsíci

      ​@@VotanimestuvelaWrong? You have to be kidding.
      Water problems
      Load shedding
      Rampant violent crime
      Corrupt government

    • @Gatis_
      @Gatis_ Před 2 měsíci

      ​@@VotanimestuvelaWrong???
      Rampant violent crime
      Water problems
      Load shedding
      Corrupt government.

  • @kennyappany3805
    @kennyappany3805 Před 2 měsíci +37

    Wonderful 😊 what our engineers are doing. This nuclear power reactors we need and so also the rest of Africa. Just watch out who is handling the MONEY.

  • @Abby_KayGee
    @Abby_KayGee Před 2 měsíci +59

    It is not everyday when you hear positive news about South Africa 😊

    • @johannesnel8875
      @johannesnel8875 Před 2 měsíci

      Tech stolen from the old South Africa, hidden so that useless back riders now can claim glory.

  • @thabeloyanga
    @thabeloyanga Před 2 měsíci +28

    This should be on the main news channels. We need more of this good news

    • @johnlamb3101
      @johnlamb3101 Před 2 měsíci

      It sure will be - Pinnochio is vote gathering. After the election it all turns to shit. The new Cash Kow for Pinnochio - skim 33% off the top for the Cadres - O what a deal. Let’s do it says Pinnochio.

  • @nkosinathindala4745
    @nkosinathindala4745 Před 2 měsíci +17

    May that party and its cronies not f this one up for us 🤦🏾‍♂️

  • @simonsbergblinds7532
    @simonsbergblinds7532 Před 2 měsíci +10

    This is great news. Anyone, with a basic understanding of physics, knows there is no substitute for nuclear. I hope they can pull this of

  • @claravanrooyen4131
    @claravanrooyen4131 Před 2 měsíci +10

    When I see someone with grey hair who wants to help SA then I feel so positive and someone who seems to be young with no grey hair , has something for SA for the future to help the country

  • @elizeferreira9457
    @elizeferreira9457 Před měsícem +3

    I have been Saying This for Many Years .... South Africa 🇿🇦 Nuke Engineers are the World's Greatest and Best .... these Guys has been Setting the Pace on Small Correlated Reactors World wide .....
    Israel 🇮🇱 and Others were Schooled by our Palnendaba Engineers I Know what I am Talking 🗣 About !!!
    I were a Vetted Palendaba Suply Engineer .... I met and Worked with the Finest Cream of ZA 🇿🇦 Engineers !!!
    Go Guys I am Proud of You !!!

  • @craigtannous9087
    @craigtannous9087 Před 2 měsíci +14

    Come on BizNews... what details were shared and what timeline was given? This was a buddy chat not an interview.

  • @Scott.Silburn
    @Scott.Silburn Před 2 měsíci +17

    Fantastic!
    How will our government screw this up then?
    This could solve all our power problems...

    • @masterq2.033
      @masterq2.033 Před 2 měsíci

      The ANC shut it down as a government initiative about 20 years ago.Probably at the behest of their ideological masters.They also sold off a bunch of the technology to fund their shenanigans.

    • @FernandoWINSANTO
      @FernandoWINSANTO Před 2 měsíci +1

      ...electricity problems

    • @JohannSwart_JWS
      @JohannSwart_JWS Před měsícem

      Obvious answer - as soon as it starts lookin good, BEEE and equity crap will come knocking on the door....

    • @brunoklynsmith9169
      @brunoklynsmith9169 Před 15 dny

      Simple. With BEEE conditions.

  • @jjk358
    @jjk358 Před 2 měsíci +21

    Finally. Great stuff. Definitely on the right track. Well done.

  • @kenernstzen2407
    @kenernstzen2407 Před 2 měsíci +9

    Anything that is not reliant on huge distribution network requirements and water must be a winner anywhere in the world

  • @heshaamedries6656
    @heshaamedries6656 Před 2 měsíci +13

    are you serious this only generates 35MW South Africa needs 10 000MW, Koeberg is licensed for 6 REACTORS it only has 2, 4 more turbines will generate 4000MW

  • @derrickvanzyl6819
    @derrickvanzyl6819 Před 2 měsíci +8

    That is an awesome initiative and as a wind renewable proponent, I do support it. Regarding costing factors, have you factored in how much bribery money will have to be paid to some of the SA Government officials to get the project green lighted? Is there a budget for that? Like Elon Musk's Starlink project they wanted huge bribes. Musk refused and to this day we do not have Starlink in SA. I wish you guys all the best though.

    • @tonygassner5406
      @tonygassner5406 Před 2 měsíci

      Theres more wind (hot air) in parliament than teasing the blades of that tech in S.A. and not a millivolt generated... What can be expected in a kleptocracy?

  • @andrereyneke6139
    @andrereyneke6139 Před 2 měsíci +20

    Wonderful news.well done to all and good luck with your project.

  • @swartkat4394
    @swartkat4394 Před 2 měsíci +14

    I'm curious on how they are going to get past government red tape?

  • @MichaelVumile-jb3lb
    @MichaelVumile-jb3lb Před měsícem +2

    We need energy in South Africa 🇿🇦💪🏿

  • @justinsykes6203
    @justinsykes6203 Před 2 měsíci +11

    How many of these power plants would SA need to stop load shedding?

  • @joecruiser
    @joecruiser Před 2 měsíci +10

    Only noticing the R9Bn and not even watching your video, I can see Messrs Stealmore coming over the horizon.... with the Rus.
    😂

  • @EBBING2003
    @EBBING2003 Před 2 měsíci +7

    As long as 'you know who' don't try to embezzle the R 90 billion! 🤣

  • @sikadagamer1142
    @sikadagamer1142 Před 2 měsíci +8

    Great moment to be South African 🇿🇦 👏🏿

    • @Julian.watchingyt
      @Julian.watchingyt Před 2 měsíci +2

      Why? Is it online? Celebrate then rather. Who have they paid off? These are investors, they only care about a return in a nation run by unsophisticated individuals hungry for tender backhands

  • @davidtuer5825
    @davidtuer5825 Před 2 měsíci +4

    Are we talking about the pebble-bed nuclear reactor? because this was a major but unsuccessful project going back 25 years.

  • @brendonburdett7015
    @brendonburdett7015 Před 2 měsíci +5

    Imagine nuclear corruption...😮 if this falls apart it can be dangerous

  • @andreduvenage4066
    @andreduvenage4066 Před 2 měsíci +4

    How proud and greatfull can we be. 🙏

  • @user-xi1uj3nh3o
    @user-xi1uj3nh3o Před 2 měsíci +7

    Who Overseer!? How much ANC GETTING PAID!!😢😢😢

  • @nicholasfynn9170
    @nicholasfynn9170 Před 2 měsíci +4

    How will you get the consumers to pay for the energy consumed?
    SA has an extremely bad record in this regard.

  • @mallachsteve
    @mallachsteve Před 2 měsíci +26

    Pie in the sky. Everyone in the ANC will want their slice of that pie. By the time they're finished it'll cost 120 billion rand and perform the same way as Madupi and Kusile.

    • @nkosinathindala4745
      @nkosinathindala4745 Před 2 měsíci +2

      Some of us are at a point where we are so fed up, we are considering taking up arms to prevent such from happening. Sickening, honestly.

    • @StoepZulu
      @StoepZulu Před 2 měsíci +2

      @@nkosinathindala4745 Or just go Vote?

    • @deanchapman2302
      @deanchapman2302 Před měsícem

      Idiotic comment from an ignorant outsider.

  • @DenisDeCharmoy-fl3ht
    @DenisDeCharmoy-fl3ht Před měsícem +1

    Lets see a time line and the output capacity?
    Shalom
    Blessings

  • @russellhaikney3809
    @russellhaikney3809 Před 2 měsíci +2

    SMR's are the only solution.....they also mitigate a lot of the transmission repair costs as the transmission cables are degrading because of loadshedding...

  • @billgoodwin8013
    @billgoodwin8013 Před 2 měsíci +1

    I've followed the development and possible demise of the pepple bed reactor for many years. There are at least two excellent build sites, one of which alredt signigicant suitable infrastructure.
    Good luck to this important , sensible and positive project.

  • @yvonnecoetzee3508
    @yvonnecoetzee3508 Před 2 měsíci +2

    I know it is hard for South Africans to be positive, but lets try and see tye good in this and pray that the ANC has no fingers in this project

  • @rodneyblackwell7477
    @rodneyblackwell7477 Před 2 měsíci +2

    I guess if it's a success ANC cronies will take over.

  • @quintuswilliamson5262
    @quintuswilliamson5262 Před 2 měsíci +1

    Nuclear is indeed the way ... but the amount of R9 Billion should make all alarm bells go off the charts ... as it identifies who sits behind the curtain as investors ... the same people that satt behind the R9 Billion deal in renewable energy about a year or so ago ... The use of the same amounts for major projects tells a lot ...

  • @dewetrobertson1752
    @dewetrobertson1752 Před 2 měsíci +4

    Nuclear is the cleanest

    • @andrewtaynton3402
      @andrewtaynton3402 Před 2 měsíci

      A working nuclear power plants continusly releases radio active toxins into the environment and is the most expensive electricity in the world. Germany, the world's third largest economy has closed its last nuclear plant.

  • @shanewilson2484
    @shanewilson2484 Před 2 měsíci +1

    The diagram online looks a lot like the Ultra Safe Nuclear Corporation design that like this uses TRISO and appears to use blocks containing TRISO rather than billiard balls in some other TRISO designs.

  • @melekmatan1408
    @melekmatan1408 Před 2 měsíci

    Well done guys, sounds exciting!
    When will you be releasing a more detailed overview which includes running costs, waste management, etc.

  • @schalkvandermerwe3838
    @schalkvandermerwe3838 Před 2 měsíci +16

    Biltong... that's how we conquer the world... oh and with local nuclear knowledge... but mostly with biltong. South Africa, perhaps one day we'll be known for saving the world from veganism and power intermittancy.

    • @cjtannerza
      @cjtannerza Před 2 měsíci +3

      Normally I say daft stuff but today you win the prize😂

    • @schalkvandermerwe3838
      @schalkvandermerwe3838 Před 2 měsíci +1

      @@cjtannerza Fine, add some pinotage and brandy and coke to round it out. Tomorrow some bobotie and malva pudding.

    • @cjtannerza
      @cjtannerza Před 2 měsíci +2

      Boer maak n plan.....
      Im sure they will be knocking on the door one day to ask us how did you ous fix that....

    • @koosvonlandsberg5353
      @koosvonlandsberg5353 Před 2 měsíci +2

      Exactly 😅Boer maak n Plan 😊😊😊😊😊😊😊😊😊😊😊😊

  • @peterkoning21
    @peterkoning21 Před 2 měsíci +8

    Where would this first nuclear power station be ? Mt La Fleur talks and uses all the buzz words but says nothing.....!!!

  • @andrevisser7542
    @andrevisser7542 Před 2 měsíci +6

    Are the 9 billion including the eating of the ANC cadres or will it be 18 billion later?

  • @chrissnaproll26
    @chrissnaproll26 Před 2 měsíci +1

    As long as the SA Government is not involved it will succeed, if government has any say it’s doomed for failure

  • @juliocosta5818
    @juliocosta5818 Před 2 měsíci +1

    Wasn't this the same doctor kemm who was trying to convince us to ok the rosatom deal a few years ago?

  • @RichardBlackman-nu9jv
    @RichardBlackman-nu9jv Před 2 měsíci +3

    Wonderful

  • @hcbnett
    @hcbnett Před 2 měsíci +7

    Costs ....guess who pays via tax etc .....

    • @swartkat4394
      @swartkat4394 Před 2 měsíci +6

      Nope, this is private, investors will pay. You will pay for electricity thought.

    • @charmainemoodley2414
      @charmainemoodley2414 Před 2 měsíci +2

      Yep, privatization will be expensive for the people

  • @anikopienaar5757
    @anikopienaar5757 Před 2 měsíci +1

    How much of this money are the criminals going to pocket.? 😡

  • @fan-tastic2803
    @fan-tastic2803 Před 2 měsíci +1

    How much of that money will end up as misappropriated? And substandard quality materials and engineering? I’m pessimistic only for the reason of past experience.

  • @miltonhunkin6318
    @miltonhunkin6318 Před měsícem

    It is about time we had some good news in SA. Now if only they can keep the ANC's hands off the money, away from operations and none of their management.

  • @calvinbillett2140
    @calvinbillett2140 Před 2 měsíci +1

    Uncle Cyril, Patrice & Jeff Radebe destined to become the wealthiest dollar billionaires in the world

  • @danielburger1116
    @danielburger1116 Před 2 měsíci +3

    La Fleur already smells like ANC. Broken before it started.

    • @anthonyliphapang9102
      @anthonyliphapang9102 Před měsícem

      Because he's black. So u want us to vote apartheid DA. That mentality will not get u anywhere. The guy might be French and u already label him because he's black. U should hv seen his portfolio. He could be responsible for financing this project and u jst talking nonsense abt his colour.

  • @deanchapman2302
    @deanchapman2302 Před měsícem +1

    Is this part of Dr. Herman Rhom's work?

  • @samsonkjoseph6087
    @samsonkjoseph6087 Před 2 měsíci +25

    South African White Scientist and Engineers are the most talented persons in the entire World.

  • @user-sr8wg1bt3c
    @user-sr8wg1bt3c Před 2 měsíci +6

    Hi what is the cost per kwh

    • @charmainemoodley2414
      @charmainemoodley2414 Před 2 měsíci +1

      @@pietmuskiet5586😅then I will have to pinch myself to know that I’m not dreaming

  • @antonjohndell1519
    @antonjohndell1519 Před 2 měsíci +1

    WHERE IS THE MONEY COMING FROM. IN DEBT SELLING US OUT TO WHO?!!

  • @GentlemanH
    @GentlemanH Před 2 měsíci +1

    I hope this leads to fewer black outs due to load shedding

  • @francoisbezuidenhout4638
    @francoisbezuidenhout4638 Před 2 měsíci +1

    R27bn and 15 years after initial expected completion....

  • @SueLeo1
    @SueLeo1 Před 2 měsíci

    Where will this reactor be built?

  • @GaragePie22
    @GaragePie22 Před 2 měsíci +1

    The town of Frankfort built their own solar power farm. The ANCs Eskom closed it down! 😢

  • @karelgericke9172
    @karelgericke9172 Před 2 měsíci +6

    Election time votes votes now everything starts working suddenly. 😅lol.as if this is going to help the anc government 😅😅😅😅😅😅😅lol.

  • @user-ht7on6wv3g
    @user-ht7on6wv3g Před 2 měsíci

    Fantastic- so good to hear positive news

  • @Straightdeal
    @Straightdeal Před 2 měsíci

    I wonder where the first reactor will be placed. Pelindaba?

  • @mpilompanza9101
    @mpilompanza9101 Před 2 měsíci

    Excellent. It's good to hear that such minds are getting the recognition they deserve globally. I can only hope that my contribution to the country will be as significant.

  • @ace260386
    @ace260386 Před 2 měsíci

    That is such cool news!

  • @christiaancoetzee2964
    @christiaancoetzee2964 Před 15 dny

    So one of either Medupe or Kusile price tags could have paid between 25 - 30 reactors.

  • @eugeneleroux1842
    @eugeneleroux1842 Před 28 dny

    When the weapon sanctions were imposed against SA in the 80's, the SA engineers rose to the occasion, and answered all the needs of the defense force, so much so that SA even exported weapon systems. It was also in this time that SA developed its own nuclear weapon, only to be disposed off later. What was of equal value, was the general expertise, like advanced project management and System Engineering, and infrastructure that was established. To be successful again, one must realize that appointments must be made on merit only, so that the vast majority of the country can benefit. Beware of being penny wise and pound foolish.

  • @lord.jonrogers4636
    @lord.jonrogers4636 Před měsícem

    Forget it. The money has already been decided by the ANC.

  • @neeltjebooysen2688
    @neeltjebooysen2688 Před měsícem +1

    Good news but two things; who is paying for it with money from where and two who is going to operate it Cuba?

  • @JeffreyThomas-th2ps
    @JeffreyThomas-th2ps Před 2 měsíci +4

    At last

  • @quintinmclellan2671
    @quintinmclellan2671 Před měsícem

    Please just wait until the ANC is out of government, otherwise the effort will be absolutely useless.

  • @Ann-oi4kk
    @Ann-oi4kk Před 2 měsíci

    Brilliant news🎉

  • @user-rj4dr6bt6m
    @user-rj4dr6bt6m Před 2 měsíci +2

    Brilliant!
    Good luck with the project!

  • @user-dh9sp5iu9c
    @user-dh9sp5iu9c Před 2 měsíci

    Sure - will ANC manage this like Medupi and Kusile ?

  • @Carbonbank
    @Carbonbank Před 2 měsíci

    Let’s just put a lock on the door so the government can’t get inside

  • @gustabeumer688
    @gustabeumer688 Před 2 měsíci +1

    I wonder were they will get the money and how much they are going to fleece the citizens for.

  • @user-mk9ut2bj2y
    @user-mk9ut2bj2y Před 2 měsíci +2

    ANC cannot keep Eskom in a good condition, how will they look after a nucleur plant?

    • @Alias-gy3tz
      @Alias-gy3tz Před 2 měsíci

      Koeberg is a nuclear power plant that was built in 1976 already... duh! Under which rock have you been hiding?

  • @Invicibles77
    @Invicibles77 Před měsícem +1

    Good Bye Loadshedding!😃

  • @loyiso5803
    @loyiso5803 Před 2 měsíci +1

    Siyayifuna le nuclear

  • @husainalli
    @husainalli Před 2 měsíci +2

    Under uBaba such would have been silenced...

  • @cccmmm1234
    @cccmmm1234 Před 2 měsíci +1

    35MW is not an SMR, it is a teenie, tiny reactor. A bloody toy!
    She's so excited about it and it will do nothing. It would take 100 of these to replace Duvha or such.
    South Africans jump from hope to hope, the sight if truly desperate people.

  • @indrankistensamy3084
    @indrankistensamy3084 Před měsícem

    Any input to the grid is welcomed...the experienced engineers can also part knowledge to our young scientists. Greed and corruption is a obstacle to our progress. Together SOUTH AFRICA can ....

  • @fabianpetersen2452
    @fabianpetersen2452 Před měsícem

    It will soon be R190billion with only half a reactor installed thats in need of corrective maintenance before the unit goes live.

  • @arkexplorer9328
    @arkexplorer9328 Před měsícem

    Ok, where we going to plant this?

  • @mariethaackermann4980
    @mariethaackermann4980 Před 2 měsíci

    Only if everyone involved is South Africa no outsiders or foreign companies please

  • @antslim168
    @antslim168 Před 2 měsíci

    Hopefully no meltdowns

  • @JanBoshoff
    @JanBoshoff Před měsícem +1

    Sounds like a lot of money for 35MW. How is this economically feasible?

    • @mrmusanda3576
      @mrmusanda3576 Před měsícem

      But remember, nuclear has a high ROI due to the low cost of maintenance and operations

    • @mrmusanda3576
      @mrmusanda3576 Před měsícem

      Want important is to build a industry of manufacturing locally

  • @paulross9287
    @paulross9287 Před měsícem

    Doesn't mean a thing when the electric wires, and even the towers keep getting stolen.

  • @kenernstzen2407
    @kenernstzen2407 Před 2 měsíci

    AT LAST!!!!

  • @sureshramchunder6744
    @sureshramchunder6744 Před 2 měsíci

    South Africa sold a share ofPBR to China , then sold a share to a Canadian/US consortium . now we are buying back the same reactor at Astronomical prices.
    We are the fools

  • @pedalingparson
    @pedalingparson Před 2 měsíci

    Another example of private enterprise doing what Big Government can never do. Let us hope the government doesn't bugger this up with more onerous regulation.

  • @andresullivan6473
    @andresullivan6473 Před měsícem

    What will stop the gov from total corruption in this product or is this a private venture

  • @davidkotze4140
    @davidkotze4140 Před 2 měsíci

    Good news for a change !! 😁🙏

  • @Philjamon
    @Philjamon Před 2 měsíci +1

    9 Billion is a bargain considering that the Ingula hydro scheme cost over 40 billion and counting. Just do not allow any Italian Contractors to tender.

  • @frankdurant2201
    @frankdurant2201 Před 2 měsíci +1

    If this happens it is the end of SA, the present Government can't tar roads, they can't maintain the water system etc etc etc etc.
    All citizens will have to purchase radiation gear to wear & the poor who can't afford it will have to stand outside hospitals to get their radiation sickness shots.

  • @dk.650
    @dk.650 Před 2 měsíci +1

    As per the 2015 Gov Energy crisis document, the Nuclear plants were planned to go live in 2023.
    This is 5 years late.
    The solar and wind guys had a lead start by design.
    Citizens in SA will be rapped financially in time to come.
    Isn't this planned for farming activities?

  • @louismaritz6536
    @louismaritz6536 Před měsícem

    6 billion is already swipped

  • @marcquesnel1324
    @marcquesnel1324 Před měsícem

    I wonder how much of that will be for tsoe-tsoe.

  • @keithkenny4576
    @keithkenny4576 Před měsícem

    Who is going to really benefit from this venture, is it power for the country or just certain businesses

  • @Josephalive101
    @Josephalive101 Před měsícem

    Even if it uses gas to cooling down, you must still put the power station next to the ocean, FOR IN CASE, I DON'T TRUST NUCLEAR POWER STATION.

  • @chrisdestrieux2876
    @chrisdestrieux2876 Před 2 měsíci

    Great. Anyone considering nuclear waste management and risk mitigation?

  • @MichaelVumile-jb3lb
    @MichaelVumile-jb3lb Před měsícem +1

    My thoughts comfirmed by an expert wind and Solar is unreliable , Renewable energy is actually a sham.

  • @FrancoisStrydom-gl3dl
    @FrancoisStrydom-gl3dl Před měsícem

    Oh dear - our guys can't even keep a coal power station going properly - perhaps in the future we are in for a nuclear melt down.