Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, August 6, 2010

Arab States Go Nuclear to Close Power Gap, Catch Up With Iran

Map of the territory and area covered by prese...Image via Wikipedia
http://www.bloomberg.com/news/2010-08-05/arab-states-take-nuclear-option-to-close-power-gap-catch-up-with-iranians.html
A shortage of natural gas has Saudi Arabia and the United Arab Emirates looking to nuclear power to meet their increasing energy needs. The U.A.E. has already signed a $20 billion deal with a South Korea company to build four facilities, while Saudi Arabia recently announced it will develop a city centered on nuclear and renewable power. The shift, analysts say, will also serve as preparation for an era when countries are sanctioned for greenhouse-gas emissions. Bloomberg
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