Koeberg refurbishment costs vastly underestimated

Issues are mounting at the Koeberg nuclear plant as the life extension project gets further and further behind schedule, the exodus of skilled staff continues, the number of disputes between Eskom and the various contractors continues to mount alarmingly and the expiry date of the operating licence draws closer. Against this backdrop, analysts and activists have questioned the R21bn Eskom has provided for the project and are concerned that massive unreported costs overruns pose a substantial financial risk to Eskom and the Treasury.

Title page of submission on costs of Koeberg life extension

A collaborative effort was made to compose a detailed report titled Submission on Koeberg Refurbishment which was sent to Treasury in early July 2023 by Lydia Petersen, a member of the Koeberg Alert Alliance and the Southern African Faith Communities’ Environment Institute (SAFCEI). To-date there has been no direct response or acknowledgment of receipt of the report from Treasury.

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