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MoWE – King Abdullah City for Atomic and Renewable Energy – Riyadh - Project Profile

1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

MoWE – King Abdullah City for Atomic and Renewable Energy – Riyadh - Project Profile

Synopsis

"MoWE – King Abdullah City for Atomic and Renewable Energy – Riyadh - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "MoWE – King Abdullah City for Atomic and Renewable Energy – Riyadh - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

The Ministry of Water and Electricity (MoWE), is planning to undertake the construction of King Abdullah City for Atomic and Renewable Energy project in Riyadh, Saudi Arabia.

The project involves the development of a new city using only nuclear power and renewable sources on 6,000ha of land. It includes the construction of 16 nuclear reactors, power houses, substations, and the installation of turbines, transformers and lying of transmission lines.

It also includes the construction of 41,000MW of solar power, of which 16,000MW is photovoltaic and 17,000MW nuclear power.

It also features institutional, research, commercial, recreational and housing facilities, and infrastructure systems.

In April 2010, the Government of Saudi Arabia issued a royal decree for creation of King Abdullah City for Atomic and Renewable Energy (KA-Care), based in Riyadh, with offshoots across the country.

KA-Care will be supervised by a 13-member council, which will be responsible for national policy on nuclear energy development, supervising all commercial use of nuclear power, and handling of radioactive waste, as well as representing Saudi Arabia to the International Atomic Energy Agency.

In June 2010, Poyry consultancy firm has been appointed to prepare a draft of the national vision and high-level strategy in the area of atomic and renewable energy applications and define KA-Care’s strategy, operating model, and key long, medium, and short-term priorities, and the immediate initiatives and action plan.

In February 2011, France and Saudi Arabia signed a nuclear cooperation agreement for the project development.

In June 2011, it has been finalized that 16 nuclear power reactors will be constructed over the next 20 years.

In November 2011, WorleyParsons has been appointed to develop nuclear sites and tenders.

Gensler has been appointed as the master planner and Sets International as the project manager and technical consultant.

Oliver Wyman, Riyad Bank and BNP Paribas have been appointed as an advisory council for the project.

On October 3, 2013, Saline Water Conversion Corporation (SWCC) signed an agreement with KA-CARE to study and develop uses of atomic and renewable energy (solar photovoltaic (PV), solar thermal and wind) in water desalination.

In January 2014, Abdul Latif Jameel Energy and Fotowatio Renewable Ventures (FRV), a joint venture were appointed to develop solar energy of the project.

In February 2015, Saudi Arabia government suspended the supreme council of KA-Care and MoWE is in the process of reviewing options for atomic and renewable energy development.

On June 19, 2015, Russia and Saudi Arabia signed a cooperation agreement to develop nuclear energy.

Scope

The project involves the development of a new city using only nuclear power and renewable sources to generate electricity on 6,000ha of land in Riyadh, Saudi Arabia.

The US$209,000 million project includes the following:

1. Construction of 16 nuclear reactors

2. Construction of power houses

3. Construction of 41GW solar power plants

4. Installation of turbines

5. Installation of transformers

6. Laying of transmission lines

7. Construction of institutional and research facilities

8. Construction of commercial, recreational and housing facilities

9. Development of infrastructure facilities

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


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