KSA to build 16 nuclear reactors by 2030
The reactors will have an estimated combined capacity of 22GW
Saudi Arabia will build 16 nuclear reactors by 2030 with a combined capacity of 22GW, which is about half of the Kingdom's current electricity output. The project is estimated to cost of more than US $100bn.
Abdul Ghani bin Melaibari, coordinator of scientific collaboration at King Abdullah City for Atomic and Renewable Energy, said that the first two reactors would be ready within 10 years.
The cost building nuclear reactors in the Kingdom would be comparatively higher because of its extreme hot climate, Melaibari said. He also stressed the need to train Saudis to operate and maintain such plants.
Melaibari said the cost of building and operating nuclear plant differs from one country to another, depending on the technology they adopt, infrastructure facilities in place and the availability of cheap manpower.
"We would like to cover 20 percent of electricity needs using nuclear energy," Melaibari said.
He estimated the cost of each reactor to be around US $7bn, adding that the Kingdom is in the process of concluding deals with specialised companies to implement the project.