Saudi Arabia, says Energy Minister Prince Abdulaziz bin Salman, is interested in developing small modular nuclear reactors. These small reactors, also known as SMRs, will help to generate electricity to power remote areas.
The Minister indicated at GEC 2022 that Saudi Arabia is not asking for funding to help it with its energy transition plan from any country.
The Kingdom will create more technologies at home
The Prince stated that the Kingdom will create more technologies at home in order to reduce the risk to the environment. “The future of the world and society lies not in us waiting for someone else to build the things we should use, but for us to build them ourselves,” he explained.