Saudi Arabia has begun the process of choosing a vendor for the construction of the oil-rich kingdom’s first commercial nuclear power station with bids likely to come from South Korea, France, China and Russia.
According to Dan Yurman, who writes the Neutron Bytes blog, Riyadh wants to build two 1,400 MW nuclear power plants, a down-sized effort from an ambitious goal set in 2014 to build 16 units of about 1,000 MW each.
Neutron Bytes said that at $5,000/Kw, for benchmarking purposes, the cost of the two reactors would be $7bn each or $14bn.
According to Dan Yurman, who writes the Neutron Bytes blog, Riyadh wants to build two 1,400 MW nuclear power plants, a down-sized effort from an ambitious goal set in 2014 to build 16 units of about 1,000 MW each.
Neutron Bytes said that at $5,000/Kw, for benchmarking purposes, the cost of the two reactors would be $7bn each or $14bn.
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