Saudi Arabia shortlists Rosatom for its first nuclear project
The King Abdullah City for Atomic and Renewable Energy (KACARE) has also shortlisted Korea Electric Power Corp (KEPCO) for the project
Saudi Arabia’s first ever nuclear power project is gaining momentum with the Kingdom announcing that it had shortlisted the Russian State Atomic Energy Corporation (Rosatom) for the next stage of the bidding process.
The King Abdullah City for Atomic and Renewable Energy (KACARE) has also shortlisted Korea Electric Power Corp (KEPCO) for the project.
The United States, France and China are also among the contenders in the bid. The winner of the tender is expected to be chosen next year.
Rosatom said it was capable of offering its latest and the world’s first operational Generation 3+ reactor technology, the VVER-1200.
This technology comes equipped with the most advanced safety systems and complies with the most stringent international safety and security standards.
Generation 3+ reactor technologies has already proven itself in operation, with VVER-1200-based power units operating successfully at two NPPs in Russia (the Novovoronezh-2 NPP and the Leningrad-2 NPP).
More VVER-1200 units are currently under construction in several countries across the world, including Egypt and Turkey’s respective first nuclear power plants.
The project will make Saudi Arabia only the second Arab country after the United Arab Emirates (UAE) to go nuclear, in a bid to provide its 32 million population with electricity.