Jesus' Coming Back

Saudi media: Crown Prince laying foundation for first nuclear reactor

Saudi Crown Prince Mohammed bin Salman

Saudi Crown Prince Mohammed bin Salman speaks during the meeting of Islamic Military Counter Terrorism Coalition defence ministers in Riyadh, Saudi Arabia November 26, 2017.. (photo credit: BANDAR ALGALOUD/COURTESY OF SAUDI ROYAL COURT/HANDOUT VIA REUTERS)

X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew – Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

Saudi Arabia’s Crown Prince Mohammed Bin Salman is setting the foundations for the kingdom’s first nuclear “research reactor,” according to reports in Saudi media. During a visit Monday to King Abdulaziz City for Science and Technology, the crown prince laid “foundation stones” for a series of projects, many of which the kingdom views as “strategic” as it seeks to reform its economy and society in the 21st century. These include renewable and atomic energy, according to the Al-Arabiya television channel. They will also involve desalination, genetic medicine and aircraft manufacturing.

The “low-energy nuclear research reactor,” was one of many mega-projects Saudi Arabia appears to be embarking on. It’s not the first time that the kingdom has discussed the need for nuclear reactors and nuclear power. In 2011, Saudi Arabia said it wanted to build 16 nuclear reactors over 20 years. Construction was supposed to have begun two years ago. The country also founded the King Abdullah City for Atomic and Renewable Energy (KACARE) in 2010.

In October, the Saudi Arabian General Investment Authority and KACARE signed a Memorandum of Understanding to cooperate on atomic and renewable energy investments. The kingdom also hosted the Korea Electric Power Corporation for a “nuclear energy roadshow” last month. The visit by the South Koreans, who have 24 reactors, “looks to increase its odds of winning a nuclear energy product in the Gulf State,” a report at Construction Week Online in October noted.

KACARE president Dr. Khalid bin Saleh Al-Sultan, who had signed the MoU, was also key to the South Korean meetings. According to the reports, he conveyed a “strong desire” for the Koreans to bid for a 2.8 gigawatt nuclear plant project. The South Koreans also discussed an “advanced pressurized water nuclear reactor with a capacity of 1,400 megawatts, designed with local technology.”

A third report from Middle East Utilities also says that the International Atomic Energy Agency visited the KACARE headquarters this year. The IAEA said in July that the kingdom was seeking vendors for two nuclear power reactors. The report said that it was “well placed to finalize its plans for construction of its first nuclear power plant.” Saudi Arabia was making significant progress in establishing the infrastructure and other frameworks. Proposals for the reactors have been solicited from the Koreans as well as from China, Russia and Japan.

Around thirty countries current operate nuclear power plants and reactors. These include most of Europe, Russia, China, India, Pakistan, Japan, Argentina and several others. In the Middle East, Saudi Arabia will join the United Arab Emirates, Iran, Turkey, Israel and Jordan as one of several countries that are thought to be serious about dealing with nuclear energy or research.

The news about the Crown Prince’s visit appears linked to shoring up his image after the difficulties Saudi Arabia faced in October over the killing of journalist Jamal Khashoggi in its Istanbul consulate. The kingdom has faced criticism in the region, in the UN, the US and the West regarding the killing.

JPOST VIDEOS THAT MIGHT INTEREST YOU:

Shifting focus to the country’s economic strategy is important. This also comes on the heels of a major investment conference last month and Saudi Arabia’s “Vision 2030” that seeks to diversify the economy. Part of that diversification will involve laying the groundwork for a bunch of mega projects and local industry.

Nuclear energy and nuclear research is one step on this path. But it will take a decade to build a nuclear power plant, even after the deals are signed.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More