Saudi Arabia's nuclear, renewable energy plans pushed back 8 years
http://www.reuters.com/article/2015/01/19/saudi-nuclear-energy-idUSL6N0UY2LS20150119
Saudi Arabia's nuclear, renewable energy plans pushed back
ABU DHABI Mon Jan 19, 2015 11:17am EST
Jan 19 (Reuters) - Saudi Arabia's plans to build nuclear and solar energy projects will take about eight years longer to complete than originally intended, the head of the government body in charge of overseeing the projects said on Monday.
In 2012, the world's top oil exporter said it would install 17 gigawatts of nuclear power by 2032 as well as around 41 GW of solar capacity. Currently it has no nuclear power plants.
"The plan started by looking at 20 years down the road, with the year 2032 as the major milestone for long-term planning," Hashim Yamani, president of the King Abdullah City for Atomic and Renewable Energy, said at an energy conference in Abu Dhabi.
"Recently, however, we have revised the outlook together with our stakeholders to focus on 2040 as the major milestone for long-term energy planning in Saudi Arabia."
Yamani did not give a reason for the delay, or say when the first nuclear and solar plants would be operational. Although Saudi Arabia has ample financial resources to build the projects, it faces technical challenges, limited supplies of water for use in the plants, and potential bureaucratic obstacles.
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