André de Ruyter moves to clarify Eskom modular nuclear tender

André De Ruyter, the new CEO of struggling utility Eskom, moved to address confusion over a tender released to the market, which suggests that Eskom wants to revive costly dreams of building small, modular nuclear plants.

The PBMR is an SA developed version of a small, high-temperature nuclear reactor, and the accompanying fuel, which never reached commercial viability and was folded into Eskom after the state cut funding to the project in 2009. “That costs us money we don’t particularly want to spend, and therefore we have approached the market with a view to understanding who would be interested in taking over that facility and relieving us of this burden.” intended to publicly solicit and to determine an interest from the market in the future takeover of the technology”.

The move to garner potential buyers for the technology comes as Eskom battles both severe financial and operating difficulties.

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