Speaker
Description
The article comprehensively focuses on various factors of Small Modular Reactor SMR deployment in Saudi Arabia as one of the strategic decisions that the country needs to make in its quest to have a sustainable and resilient energy future. The study explores the opportunities, that stem from building nuclear infrastructure, as many SMRs would be deployed. The article emphasizes how the elements of a favorable framework are considered, which demonstrates the significance of strategic planning and prudent allocation of financial resources in an endeavor to establish a stable foundation for the safe and efficient integration of SMRs. To what extent does Saudi Arabia has to harmonize its elevating energy requirements with a sustainability pledge, the article explores the particularities of the Kingdom's energy environment. This highlights the major SMR advantages and disadvantages in meeting the increased electricity demand and makes it clear how they may be used in concert with renewables at scale and adapt to different conditions quickly. Regulatory technicalities have a crucial role in dictating how fast it is adopted. This article provides ways of creating a rule of law that will be effective, of paying attention to international standards while keeping in mind local details and specific features.
Economic viability is one of the aspects that are considered in the analysis, therefore, new financing mechanisms are to be looked into and potential ways of international collaboration are highlighted. The study analyses the long-term economic viability of SMRs in terms of operational costs, employment creation, and revenue streams, to ascertain their domesticated economic contribution to the Kingdom’s economic goals.
This article attempts to provide a full-scale guide to the policymakers, energy industry representatives, and the entire energy community in Saudi Arabia, as a means of better informed and logical decision-making to achieve a sustainable and diverse energy future.
| Country OR International Organization | King Abdulaziz City for Science and Technology |
|---|---|
| Email address | saalshehri@kacst.gov.sa |
| Confirm that the work is original and has not been published anywhere else | YES |
