In energy and electricity system planning one doesnt hear any reference to the phrase build power plants at a scale and pace that we can afford'', in contrast to the use of such a phrase often coined by people with no energy planning knowledge and fundamentals.
This has often been the mantra or defence mechanism used by leaders at Eskom and in the government when nuclear or coal plants investment is mentioned. This is highly problematic and I will explain why it is a red flag issue.
Under investment in economic capital assets such as building power plants and energy generation, transmission and distribution infrastructure can never be a question of building at a scale and pace that a country can afford.
Countries that prioritise investments in economic infrastructure and socio-economic capital investment are today reaping economic boom return rewards.
So if you ever hear this affordability mantra, be worried. One is almost guaranteed that the country will end up underdeveloped and facing economic stagnation for several decades.
