Publication

On 18 February 2010, public enterprises minister Barbara Hogan announced that, in line with the 2010 budget, the South African government had decided to cut its financial support to Pebble Bed Modular Reactor (Pty) Ltd (hereafter the PBMR company). Given the immense cost, the minimal power dividend and the opportunity cost of foregoing smart development of clean energy resources, why did South Africa continue to sink huge resources into the PBMR project until recently?