Nuclear power ‘could trigger price increase’

Business Day LIVE

24 April 2013

FURTHER electricity price hikes could be triggered if the government forges ahead with plans to build at least six nuclear power stations, says National Energy Regulator of South Africa (Nersa) CEO Phindile Nzimande.

Answering questions before Parliament’s portfolio committee on energy on Tuesday, Ms Nzimande said the regulator was trying to give certainty to investors, but that “other programmes could trigger a price increase.”  Read more

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