{"id":8410,"date":"2012-02-28T14:41:46","date_gmt":"2012-02-28T12:41:46","guid":{"rendered":"http:\/\/www.myza.co.za\/02\/update-1-s-africa-plans-more-funding-for-nuclear-plants\/"},"modified":"2012-02-28T14:41:46","modified_gmt":"2012-02-28T12:41:46","slug":"update-1-s-africa-plans-more-funding-for-nuclear-plants","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-s-africa-plans-more-funding-for-nuclear-plants\/","title":{"rendered":"UPDATE 1-S.Africa plans more funding for nuclear plants"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Adds details and quotes)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">CAPE TOWN<\/span> Feb 28 (Reuters) &#8211; South Africa plans to<br \/>\nallocate more funds towards the construction of nuclear power<br \/>\nplants as it aims to boost electricity supply in Africa&#8217;s<br \/>\nbiggest economy, Energy Minister Dipuo Peters said on Tuesday.<\/p>\n<p><span><\/span><\/p>\n<p>South Africa, which runs the only nuclear power plant on the<br \/>\ncontinent, allocated 300 billion rand ($39.55 billion) for its<br \/>\nnuclear build programme in its budget last week.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;The amount of money that has been allocated as an<br \/>\nindication for the nuclear build, it&#8217;s not a thumb suck and we<br \/>\ndon&#8217;t actually say that is the end amount, but we believe that<br \/>\nit is the beginning,&#8221; Peters told reporters.<\/p>\n<p><span><\/span><\/p>\n<p>South Africa&#8217;s new energy resource plan, expected to be<br \/>\nsigned into law by April, has called for nuclear and renewable<br \/>\nenergy to play a bigger role in plugging the country&#8217;s power gap<br \/>\nas it seeks to halve its reliance on coal, which supplies 85<br \/>\npercent of the country&#8217;s electricity needs.<\/p>\n<p><span><\/span><\/p>\n<p>The country&#8217;s power supply is just ahead of demand and<br \/>\nauthorities are scrambling to avert a repeat of blackouts in<br \/>\n2008 that hit the key mining sector and cost the economy<br \/>\nbillions of dollars.<\/p>\n<p><span><\/span><\/p>\n<p>French utility EDF said earlier in February it<br \/>\nwould make a joint bid with a Chinese partner when South Africa<br \/>\nlaunches a tender to build several nuclear reactors, expected in<br \/>\nthe first half of this year.<br \/>\n($1 = 7.5855 South African rand)<\/p>\n<p><span><\/span><\/p>\n<p>(Reporting and writing by Wendell Roelf, editing by Ed<br \/>\nStoddard)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Adds details and quotes) CAPE TOWN Feb 28 (Reuters) &#8211; South Africa plans to allocate more funds towards the construction of nuclear power plants as it aims to boost electricity supply in Africa&#8217;s biggest economy, Energy Minister Dipuo Peters said on Tuesday. South Africa, which runs the only nuclear power plant on the continent, allocated [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8410","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8410"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8410\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}