The Kingdom of Saudi Arabia has taken the initial step in securing contracts for their first nuclear power plants, which could be the door opening on construction of two of the largest nuclear power facilities in the world.
The kingdom has not issued tenders, yet, but it has sent request for information to power plant suppliers in France, Russia, the United States, China, South Korea and Japan. “We sent a communication to suppliers,” said one Saudi official quoted by Reuters.
At the International Atomic Energy Agency conference in nearby Abu Dhabi, Edward McGinnis, acting U.S. assistant secretary for nuclear energy, said, “We work closely with the Kingdom of Saudi Arabia and we work with them in the areas of energy.”
Saudi Arabia envisions building the second and third nuclear power plants in the Middle East as a way of allowing more of their oil to be sold abroad. The target back up by the Crown Prince Mohammed bin Salman's Vision 2030 economic strategy, is for two new nuclear plants with a combined capacity of 17.6 gigawatts -- each approximately the same, if not larger, than the than the Kashiwazaki-Kariwa power plant in Japan, currently the world's largest by capacity.
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Congrats to Kacare for this new move enabling the Kingdom to diversify its energy mix
What's new about this target -- it has been moved uo two years? In 2013, the Saudis said they plan to build 17.6 gigawatts of nuclear power generation by 2032.