Saudi Arabia Is Interested in Small Nuclear Reactor Technology - Bloomberg
Saudi Arabia Is Interested in Small Nuclear Reactor Technology - Bloomberg
Saudi Arabia Seeks to Study Small Nuclear Reactor Technology
- Energy Minister Prince Abdulaziz says nuclear part of shift
- Saudis pursuing hydrogen, geothermal energy for new sources
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Saudi Arabia said it’s interested in studying technology for small modular nuclear reactors, as the Middle East’s largest oil producer looks to diversify its energy sources and generate cleaner power for domestic use and export.
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Saudi Arabia Seeks to Study Small Nuclear Reactor Technology
Related Knowledge Center: ENERGY BASICS: nuclear
Nuclear energy provides almost 20 percent of the U.S. electricity supply. Advocates have called for an expanded role for nuclear as an emissions-free fuel source. But the economics of building new reactors are daunting. In addition, lingering safety concerns are an institutionalized part of the calculation of nuclear regulation, and highly radioactive nuclear waste remains a can that public officials have been inclined to kick down the road. The Energy Information Administration projects a sharp decline in nuclear power generation over the next decade, as new nuclear plants — two are planned — are more than offset by anticipated retirements of several operating reactors.