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Power Generation

The International Ministerial Conference on Nuclear Power in the 21st Century in Abu Dhabi. (Image source: ENEC)

Nuclear energy drives global economic growth, supports sustainable development and is helping to meet growing worldwide energy demands ? that was the key message on day one of the International Ministerial Conference on Nuclear Power in the 21st Century, currently being held in Abu Dhabi, the UAE

GDP growth vs total GCC product consumption. (Image source: Apicorp)

An economic slowdown coupled with energy reforms has adversely affected domestic fuel consumption growth across most of the GCC, and in some cases led to negative growth, according to a recent study by Apicorp Energy Research

In the longer-term, Saudi Arabia is considering building 17.6 GW of nuclear capacity by 2032, KACARE says on its website. (Image source: 12923/Pixabay)

Saudi Arabia is expected to launch a tender process for its first nuclear reactors as early as next month and will reach out to potential vendors from countries including South Korea, France and China, industry sources said

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