[Saudi Arabia plans to add about 17GWe of nuclear power capacity by 2040] Clean energy generation, such as solar and wind, dominates Saudi Arabia's net-zero emissions plan by 2060, while the country is also slowly starting its nuclear energy program. Saudi Arabia, the world's largest crude oil exporter, plans to add about 17 GWe of nuclear power capacity by 2040 and plans to put two reactors with a total capacity of 3.2 GWe into operation over the next 10 years. Saudi Arabia's plans, while nascent, have received a boost, with the kingdom saying in its budget released in February 2023 that it had developed two 1.4GWe class reactors as part of the first phase of its atomic energy program. Consulting and accounting firm EY has been hired to advise on the deal for the project, which has accepted bids, the budget shows. The Saudi Energy Ministry did not comment on the status of the project. While the Saudi government manages a complex relationship with the oil world, the nuclear power plan has attracted significant interest from nuclear companies, financial firms and global policy makers.Russian officials have said publicly that Rosatom submitted a bid to develop a reactor in Saudi Arabia, but the kingdom has yet to announce a preferred bidder for the first nuclear power project. Other suppliers, including Korea Hydro and Nuclear Power Corp, are also reportedly in talks with Saudi Arabia. Editor/Xu Shengpeng
Click to see more live >>
Latest
  • 2024.10.09 10:18
  • [Qiongzhou Strait transportation new energy vehicle ship successfully docked]
  • On the afternoon of October 8th, under the on-site escort of the Guangdong Zhanjiang Maritime Bureau's "Haixun 0927" ship, the first flatbed cargo ship dedicated to the transportation of new energy vehicles in the Qiongzhou Strait, the "Green Source No. 1" ship, slowly entered the Xuwen Hai'an New Port, marking the successful trial operation of the ship's roll on/roll off transport route in the Qiongzhou Strait. It is reported that the deck cargo ship "Green Source No.1" has a total tonnage of 6731, a net tonnage of 3769, a length of 125.8 meters, and a width of 28 meters. The ship adopts a single-layer deck design, which can carry more than 160 new energy vehicles on a single voyage under full load conditions. The parking capacity is about 60% higher than that of existing passenger and roll on/roll off transport ships. The ship is planned to be deployed on the route from Hai'an New Port in Zhanjiang to Xiuying Port in Haikou. After being put into operation, it will add a new mode of sea transportation for new energy vehicles in the Qiongzhou Strait and effectively alleviate the tense situation of insufficient capacity for new energy vehicle transportation during the peak period of cross sea vehicle transportation in the Qiongzhou Strait. Editor/Zhou Yingwen
  • 2024.10.09 10:15
  • [Malaysia's energy transition has made progress]
  • On October 9, 2024, Malaysian Deputy Prime Minister Fadhila stated that Malaysia has made progress in improving energy efficiency and that "energy conservation" has become the key to energy transition. Meanwhile, Malaysia will promote the ASEAN power grid as a key topic of discussion at the ASEAN Energy Ministers' Meeting. At the 2024 Asia Power and Energy Exhibition, which opened on the 8th, Fadhila revealed that as of June, Malaysia has saved 8769 gigawatt hours of electricity, worth over 2.2 billion ringgit, and plans to reduce 38 million tons of carbon dioxide emissions by 2025. In addition, the Malaysian government has approved the establishment of an energy exchange aimed at selling green electricity to neighboring countries. As the rotating chair of ASEAN in 2025, Malaysia will promote the construction of the ASEAN power grid to promote the promotion of renewable energy and enhance the resilience and reliability of electricity supply in ASEAN member countries. Editor/Zhou Yingwen
Share

Retrieve password

Get verification code
Sure