Nuclear power reactors planned by Saudis

Saudi Arabia plans to build 16 nuclear power reactors by 2030 which could costs more than $100 billion, Reuters quoted local news reports as saying.

"After 10 years we will have the first two reactors," Abdul Ghani bin Melaibari, coordinator of scientific collaboration at King Abdullah City for Atomic and Renewable Energy, was quoted as telling Arab News. The plan is to add two additional reactors for a total of 16 by 2030.

The official estimated the cost of each reactor to be around $7 billion. He said the Kingdom is in the process of planning for the nuclear project and coordination with specialized companies.

Power demand is estimated to grow 7 to 8 percent during the next 10 years.

Subcribe to Nuclear Power International magazine.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...