Saudi government approves national nuclear policy to step back from oilStaff Writer | March 15, 2018
The Saudi government has approved its national nuclear program policy as tabled by Khaled Al-Faleh, energy minister and chairman of the King Abdullah City for Atomic and Renewable Energy (KACARE).
New era Transparency in organizational and operational matters
The government called on all involved to uphold transparency in organizational and operational matters and to comply with nuclear safety and security processes through an independent monitoring system.
It also called for compliance with the international standards for nuclear waste disposal — and to insure the continuity of the program through developing national capability in nuclear energy to maintain and improve the sector in the Kingdom.
Al-Faleh said in October that the nuclear program would start by building two reactors, each producing between 1.2 and 1.6 gigawatts of electricity.
The Saudi cabinet says its nuclear program will be in “full compliance with the principle of transparency” and meet nuclear safety standards “in accordance with an independent regulatory and supervisory framework.”
Energy consumption in Saudi Arabia has been rising at more than five percent per year although growth slowed in 2017 after the government cut subsidies and hiked prices.
Electricity consumption is expected to double over the next 15 years, reaching 120 gigawatts by 2032, said Abdullah Al-Shehri, governor of Saudi Arabia’s Electricity and Co-generation Regulatory Authority. ■