Minister of Energy, Industry and Mineral Resources Khalid Al-Falih says that Saudi Arabia plans to supply electricity to Ethiopia through its privatization programs. During his inauguration of the Saudi Electricity Forum at the Faisaliah Hotel in Riyadh on Tuesday, Al-Falih explained that the Kingdom plans to supply electricity to Ethiopia through its grid in Egypt some time in the next three years. He added that, through its planned grid in Turkey, the Kingdom would also have the opportunity to supply power to European countries in the future.
He also confirmed that the Kingdom will use atomic energy to generate electricity for the first time in a bid to boost the national economy and to ensure a competitive energy sector. Addressing the forum later, Maher bin Abdullah Al-Odan, CEO of the Atomic Energy Sector of the King Abdullah City for Atomic and Renewable Energy (KA-CARE), said work is already underway to identify suitable sites for two nuclear reactors in the Kingdom to generate between 2,500 and 3,000 MW.
In a further boost for Saudi Arabia’s energy sector, Italian technical consulting and engineering company CESI SpA and GCC Electrical Testing Laboratory (GCC Lab) signed a term sheet for the development and operation of a state-of-the-art electrical testing facility in the Kingdom.
Source Credit: Arab News
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