(Corrects place of Bruce Smith of employment).
Even when radiation leaks from paralyzed to Fukushima plant, China in the Middle East countries are moving ahead with nuclear energy. March 28, Abu Dhabi has confirmed that it would proceed with plans for a civilian reactor despite the Japan disaster. "It is a technology that we bring to the region," said Abdulla Saif al-Nuaimi, Director General of the Abu Dhabi Water & Electricity Authority, when the Arabian Power & water Summit. Nuclear remains the most realistic option, said Jarmo Kotilaine, Chief Economist at the National Commercial Bank in Saudi Arabia: "" it's competitive, addresses some of the environmental risks involved in burning crude and can be built on a large scale. ""
Abu Dhabi power demand rises to about 10% per year, and nuclear energy is needed to help offset a lack of natural gas to burn in new generators, al-Nuaimi said: "with a shortage of gas iciNous must find other ways to produce energy." Plans are a reactor to be operational in 2017.
Efforts to increase the power of sources such as solar are not likely to be sufficient to meet the demand. The rise to generate approximately 7% of its power from renewable energy by 2020. This would require 1,500 megawatts of projects such as wind and solar power plants, says Bruce Smith, Adviser to the Abu Dhabi Water & Electricity Authority.
Saudi Arabia is facing, rapidly rising demand with domestic electricity needs of growth which is two times faster than its economy. By 2020, it plans to have spent more than 100 billion on power plants and distribution networks, with about one-third will plants and the rest to the national grid, said Abdullah al-Shehri, Governor of Electricity & cogeneration Regulatory Authority Saudi Arabia. King Abdullah of Saudi Arabia has recently ordered 500,000 new built homes that the Government is trying to prevent problems, which will add to the growing demand for electricity. The Kingdom also seeks to sources such as solar and nuclear power plants to boost energy production.
The bottom line: Far from backing away from nuclear energy, Abu Dhabi plans to construct its first civil nuclear plant to meet growing energy demand.
DiPaola is a reporter for Bloomberg News.
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