The truth of the matter, Chairperson, is that there is no off-the-shelf model. There is nowhere in the world where this technology that is safe and third-generation nuclear is available. If you want it, part of what you have to work with are the designs of nuclear engineers, but a lot of it is untested.
Part of what we have seen already includes the fact that, whilst a nuclear plant may be small, the heat plant which may drive a hydrogen economy into the future may be substantially larger. But, nobody will know this unless a prototype is built. If you want to build a prototype, somebody has to pay for it. Now, even the private sector or capital is a coward. Capital will sit back until there is substantially more development. We are advised that progress in this area in South Africa is quite unprecedented in the world. We don't want to take any risks but I think we understand that we can't rely on fossil fuels in perpetuity. Some changes to the scale of the low-cost electricity that we have become accustomed to in this country - something at that scale - will need to be done. You know, a few wind farms and so on are not going to generate it. Somebody has to bell the cat and that's what this process is about.
Research and development is expensive. You don't see the results in the short term but I think we need an association with Parliament on this issue, so that there is a higher level of trust, knowing that this project will be watched, that due diligence will be in place and that we will ensure that it isn't money down the tubes - which it could become. However, I think we have to provide the guarantees that Parliament is looking for on this issue. [Applause.]