Rest in peace Pebble Bed Modular Reactor
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One of the few decisive actions of the Zuma government was last year’s brave decision by then Minister of Public Enterprises Barbara Hogan to withdraw from the Pebble Bed Modular Reactor (PBMR) project, which had consumed R8.8 billion of government funds since its commencement in 1999. Of these, R6 billion had been allocated over the three-year period been 2007 and 2010 in terms of the government’s medium-term expenditure framework, specifically for the construction of a demonstration plant. The rationale for this was that once the technology was proven to be functional, foreign investment would be forthcoming.