Small reactors top nuclear agenda
25 August 2023
This package also includes: Mena pushes for nuclear future

Small modular reactor (SMR) solutions could offset concerns about capital expenditure, construction delays and spent-fuel reprocessing that large-scale nuclear power plants present.
SMRs are advanced nuclear reactors that have a power capacity of up to 300MW a unit, which is about one-third of the generating capacity of traditional nuclear power reactors, according to the International Atomic Energy Agency.
They can be factory-assembled, transported and installed in locations not suitable for larger nuclear power plants, such as industrial zones or remote areas with limited grid capacity. This makes them more affordable and easier to build than large reactors.
So far, there are only two advanced SMR installations globally, one in China and the other in Russia. The US’ NuScale is also working towards deploying its first modules in Idaho.
Saudi Arabia and Jordan have been considering deploying SMR solutions as part of their nuclear power programmes.
In 2020, King Abdullah City for Atomic & Renewable Energy (KA-Care) and South Korea’s Science & ICT (Information & Communication Technology) Ministry set up a joint venture to undertake the commercialisation and construction of South Korea’s system-integrated modular advanced reactor technology in the kingdom with the help of Korea Hydro & Nuclear Power.
Nuclear energy is having a revival moment as a recognised part of climate mitigation
Karen Young, Centre on Global Energy Policy, Columbia University
Seeking partners
Jordan, for its part, signed an agreement with Russia for the construction of two 1,000MW reactors in 2015, but the project was cancelled three years later.
Jordan is now considering small nuclear reactors and is talking to potential partners including Russia, South Korea, France and the UK to determine the optimal technical specifications and how to adapt the reactors to the Jordanian environment, Khaled Toukan, chairman of the Jordan Atomic Energy Commission, said in April.
Jordan hopes to use small nuclear reactors for water desalination and power production.
“We have done all the studies,” Toukan said at the time. “The infrastructure is in place, and studies on site selection and the provision of cooling water are in place. Now, we are comparing technologies and we want to get the go-ahead from the government.”
According to Karen Young, a senior research scholar at the Centre on Global Energy Policy at Columbia University in the US, “nuclear energy is having a revival moment as a recognised part of climate mitigation”.
She says: “We simply do not have other ways of ramping up non-carbon energy production as easily. Technology innovations in SMRs, among others, make this look like a more viable option.”
However, SMRs are as yet unproven, points out Paddy Padmanathan, co-founder and vice-chairman of green hydrogen firm Zhero. He adds that solar and wind projects with battery energy storage systems cost significantly less, despite the subsidies some governments allocate to nuclear power plant projects.
We simply do not have other ways of ramping up non-carbon energy production as easily
Spent fuel
Regardless of a nuclear plant’s size, the storage or reprocessing of the resulting highly radioactive solid waste is a key safety and environmental concern.
Nuclear reactors require ceramic pellets of low-enriched uranium oxide. These are stacked vertically and encased in metallic cladding to form a fuel rod. The fuel rods are bundled into fuel assemblies that are placed into the reactor.
The fuel pellets remain in the reactors for five or six years of operation, or until the fission process uses up the uranium fuel.
The US, which generates about 2,000 tonnes of spent fuel a year, stores the solid waste across 70 reactor sites in the country. Research and development into how to recycle spent fuel, or to design advanced reactors that could consume it, is also under way.
With 58 nuclear power plants generating over 70 per cent of its electricity, France produces nearly 1,150 tonnes of spent fuel a year. Unlike the US, France recycles spent fuel through a process that converts spent plutonium – formed in nuclear power reactors as a by-product of burning uranium fuel – and uranium into a mixed oxide that can be reused in nuclear plants to produce more electricity.
In Iran, meanwhile, the policy at the 1,000MW Bushehr reactor entails cooling down spent fuel in an onsite pool, a process that takes at least five years. It is then transported in steel cylinders that are welded closed to a central storage location in the country’s Anarak region.
UAE policy
The UAE government is developing a long-term storage policy for spent fuel from its Barakah nuclear power plant, the first reactor of which began producing electricity in 2021. The current plan involves placing the fuel assemblies in concrete and steel-lined cooling pools located at the Barakah plant, after which they will be stored in dry casks either on site or at a long-term storage facility.
According to Emirates Nuclear Energy Corporation, the UAE still has plenty of time to make decisions about spent-fuel management, as the first batch of nuclear fuel will be stored for 20-30 years in the spent-fuel pool.
Exclusive from Meed
-
-
-
Qiddiya tenders Dragon Ball theme park package24 July 2026
-
-
Saudi Downtown awards Al-Khobar substation contract23 July 2026
All of this is only 1% of what MEED.com has to offer
Subscribe now and unlock all the 153,671 articles on MEED.com
- All the latest news, data, and market intelligence across MENA at your fingerprints
- First-hand updates and inside information on projects, clients and competitors that matter to you
- 20 years' archive of information, data, and news for you to access at your convenience
- Strategize to succeed and minimise risks with timely analysis of current and future market trends
Related Articles
-
Contractors submit interest for Riyadh expo substructure24 July 2026

Contractors have submitted expressions of interest on 23 July for a contract to deliver the early works and substructure works for several assets at the Expo 2030 Riyadh site.
Expo 2030 Riyadh Company (ERC) is tasked with delivering the Expo 2030 Riyadh venue. Saudi sovereign wealth vehicle, the Public Investment Fund, launched ERC – a wholly owned subsidiary – in June 2025 to build and operate facilities for the event.
The assets include the Icon; the convention centre; and thematic pavilions, including the Culture of Wisdom, Place & Planet and Adaptation & Innovation pavilions.
The Icon will be located at the entrance of the Expo 2030 Riyadh site, within the Collaboration Precinct.
The structure will be connected to the metro station and will serve as a gateway to the event.
It will be 66 metres tall and will comprise an observation platform, food and beverage (F&B) outlets and other features.
The convention centre will cover about 22,000 square metres. It will be the first point of arrival for visitors to the expo.
The Culture of Wisdom pavilion will be a 25-metre-tall building that will feature exhibition galleries, innovation laboratories and conference and learning spaces.
The Place & Planet building will also be 25 metres tall, and will include indoor and outdoor exhibition spaces, F&B and retail facilities and support areas.
The Adaptation & Innovation pavilion will be located within the Loop of Nations precinct and will comprise a 29-metre-tall building.
Construction progress
The tendering of the pavilion structures followed progress on the site’s infrastructure development works.
In April, ERC awarded two contracts for the next phase of infrastructure works at the site to local firm Al-Yamama Company.
The scope covered the construction of road networks and infrastructure for water, sewage, electricity, telecommunications and electric vehicle charging.
These awards followed ERC’s January award of an estimated SR1bn ($267m) contract for initial infrastructure works at the site to local firm Nesma & Partners. That scope covered about 50 kilometres of integrated infrastructure networks, including internal roads and essential utilities such as water, sewage, electrical and communications systems, and electric vehicle charging stations.
The overall infrastructure works – covering the construction of main utilities and civil works at Expo 2030 Riyadh – are split into three packages:
- Lot 1 covers the main utilities corridor;
- Lot 2 includes the northern cluster of the Nature Corridor;
- Lot 3 comprises the southern cluster of the Nature Corridor.
The masterplan encompasses an area of 6 square kilometres, making it one of the largest sites ever designated for a World Expo event. Situated to the north of the Saudi capital, the site will be located near the future King Salman International airport and will provide direct access to landmarks within Riyadh.
READ THE JULY 2026 MEED BUSINESS REVIEW – click here to view PDFStress test for Gulf aviation; Mixed performance as country outlooks diverge in the Levant; GCC tourism sector pivots from crisis to recovery mode.
Distributed to senior decision-makers in the region and around the world, the July 2026 edition of MEED Business Review includes:
> AIRPORTS: Dubai and Riyadh reaffirm airport ambitions> INDUSTRY REPORT: Dubai eyes tourism sector recovery> DATA CENTRES: Big Tech falls short on data centre promise> LEADERSHIP: Aramco’s citizen developers accelerate digital changeTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/17739044/main.jpg -
Oil price rises above $100 a barrel after Red Sea attacks24 July 2026
Oil prices rose to their highest level in nearly two months on 23 July after the latest escalation in the US-Iran conflict threatened severe new disruptions to global energy supplies.
Global benchmark Brent crude closed 7% higher, at $100.69 a barrel on 23 July. Earlier in the trading day, it rose as high as $102 a barrel. That is its highest level in eight weeks, since the end of May.
Brent was trading at over $100 a barrel in the early hours of 24 July, but later pared gains to settle around $99.63 a barrel as of 11am Gulf Standard Time (GST).
The surge in the Brent price came after Iran-backed Houthi rebels claimed attacks on two Saudi oil tankers in the Red Sea following their announcement of a naval blockade on Saudi Arabia.
It appeared to be the first time since the regional war began that attacks on oil tankers and other commercial ships had extended beyond the Strait of Hormuz, opening up a new front in the volatile conflict.
The Houthi threat is unsettling to oil markets because millions of barrels a day pass through the Bab El-Mandeb Strait to reach global markets.
ALSO READ: Opec+ holds the line on unwinding of production cuts
About 12%-15% of global maritime trade, worth more than $1tn, transits the waterway every year.
It has also served as an alternative to the Strait of Hormuz, where traffic remains largely at a standstill, with ship crossings falling to single digits on 21 July.
Since the start of July, oil prices have risen about 35%. Those prices are more than 60% higher than at the start of the year. This has erased much of the progress made in bringing prices down after the US and Iran signed a memorandum of understanding in mid-June.
The interim peace deal has now collapsed, with US President Donald Trump threatening on 22 July to blow up an Iranian bridge or power plant for every vessel Tehran attacks.
This was followed by the Houthi claim to have hit two tankers in the Red Sea.
The UK’s Maritime Trade Office reported a tanker “struck by an unknown projectile” north of the Bab El-Mandeb Strait, and state-run Saudi Press Agency (Spa) reported that a vessel named Encelia was set ablaze by an attack while it was sailing overnight in the Red Sea, citing an unidentified source from the General Authority of Transport. Spa did not mention the other vessel, which is understood to be called Layla.
READ THE JULY 2026 MEED BUSINESS REVIEW – click here to view PDFStress test for Gulf aviation; Mixed performance as country outlooks diverge in the Levant; GCC tourism sector pivots from crisis to recovery mode.
Distributed to senior decision-makers in the region and around the world, the July 2026 edition of MEED Business Review includes:
> AIRPORTS: Dubai and Riyadh reaffirm airport ambitions> INDUSTRY REPORT: Dubai eyes tourism sector recovery> DATA CENTRES: Big Tech falls short on data centre promise> LEADERSHIP: Aramco’s citizen developers accelerate digital changeTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/17739553/main4051.jpg -
Qiddiya tenders Dragon Ball theme park package24 July 2026

Qiddiya Investment Company (QIC) has tendered a contract to undertake the back-of-house works on the Dragon Ball theme park in Qiddiya, Saudi Arabia.
The scope covers the construction of plant rooms, facilities management buildings, workshops, storage warehouses and central processing kitchens.
It also includes a monorail service depot, a fire station, parking, utilities and other associated infrastructure.
The bid submission deadline is 13 September.
The Dragon Ball theme park will cover more than 500,000 square metres and will have seven themed zones inspired by the Japanese media franchise, including Kame House, Capsule Corporation and Beerus’ Planet.
The park will offer more than 30 rides with five main attractions, including a rollercoaster that passes through a 70-metre landmark based on the series’ wish-granting dragon Shenron.
The development will also include themed hotels.
In September 2024, US-based firm Falcon’s Creative Group announced that it is undertaking the masterplan and attraction design and is the creative lead for the theme park.
QIC formally launched the Dragon Ball theme park in March 2024.
The announcement came after QIC signed an agreement with Japanese firm Toei Animation, the producer of the Dragon Ball anime series.
The Dragon Ball theme park is one of several major projects within the wider Qiddiya development. Other projects include an e-games arena, Prince Mohammed Bin Salman Stadium, a horse racing venue, a performing arts centre, the Speed Park and Six Flags theme parks and Aquarabia waterpark.
The project is a key part of Riyadh’s strategy to boost leisure tourism in the kingdom. According to UK analytics firm GlobalData, leisure tourism in Saudi Arabia has experienced significant growth in recent years.
READ THE JULY 2026 MEED BUSINESS REVIEW – click here to view PDFStress test for Gulf aviation; Mixed performance as country outlooks diverge in the Levant; GCC tourism sector pivots from crisis to recovery mode.
Distributed to senior decision-makers in the region and around the world, the July 2026 edition of MEED Business Review includes:
> AIRPORTS: Dubai and Riyadh reaffirm airport ambitions> INDUSTRY REPORT: Dubai eyes tourism sector recovery> DATA CENTRES: Big Tech falls short on data centre promise> LEADERSHIP: Aramco’s citizen developers accelerate digital changeTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/17738622/main.jpg -
Saudi Arabia appoints developer for hybrid power plant24 July 2026

Saudi Arabia-based Lamar Holding has signed a contract to develop a hybrid power plant at the Empty Quarter (Rub Al-Khali) land port in Saudi Arabia, according to a source.
The public-private partnership (PPP) project aims to reduce diesel fuel use with renewable energy and ensure a long-term power supply at the Empty Quarter land port. It includes the construction of 15MW of total hybrid installed capacity, installation of a 7 megawatt-peak solar photovoltaic system and eight 1MW internal combustion engines.
In March, MEED exclusively reported that Lamar had been given preferred bidder status and was in advanced discussions with Saudi Arabia’s Zakat, Tax & Customs Authority (Zatca) for the contract.
MEED understands that the proposed plant will have the capacity to produce 25 gigawatt-hours of electricity annually. It will be implemented under a design, build, finance, operate, maintain and transfer contract model for 25 years, excluding the construction period.
US/India-based Synergy Consulting is acting as financial advisor to Lamar on the project. Egyptian firm Eternal Consultation Engineering Services is acting as the technical support consultant and Dubai-headquartered Aktech is the technical consultant for the project.
Lamar Holding and Dubai’s SirajPower submitted bids for the Empty Quarter hybrid power plant project in July 2025, as previously reported by MEED.
Zatca, in collaboration with the National Centre for Privatisation & PPP, had previously prequalified the following four companies to bid for the contract in October 2024:
- Alfanar Company (Saudi Arabia)
- Lamar Holding (Saudi Arabia)
- Olayan Energy (Saudi Arabia) / Enerwhere Sustainable Energy (UAE)
- Siraj Power for Renewable Energy (UAE)
Prior to that, in July 2024, 12 Saudi companies and local branches of international companies, along with 11 overseas-based companies, submitted statements of qualifications for the contract.
In addition to building and operating the power plant, the project scope includes ensuring the facility operates to defined requirements and output specifications. It also involves managing power generation and the connection to the Zatca interface point for the entire project term.
READ THE JULY 2026 MEED BUSINESS REVIEW – click here to view PDFStress test for Gulf aviation; Mixed performance as country outlooks diverge in the Levant; GCC tourism sector pivots from crisis to recovery mode.
Distributed to senior decision-makers in the region and around the world, the July 2026 edition of MEED Business Review includes:
> AIRPORTS: Dubai and Riyadh reaffirm airport ambitions> INDUSTRY REPORT: Dubai eyes tourism sector recovery> DATA CENTRES: Big Tech falls short on data centre promise> LEADERSHIP: Aramco’s citizen developers accelerate digital changeTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/17733327/main.jpg -
Saudi Downtown awards Al-Khobar substation contract23 July 2026
Saudi Downtown Company (SDC), a wholly owned subsidiary of sovereign wealth vehicle the Public Investment Fund (PIF), has awarded the local Al-Ojaimi Contracting a contract to design and construct a primary electrical substation for its Downtown Al-Khobar project.
It is understood that the facility will be the main electricity supply point for the wider development. The scope also includes the design and implementation of the associated electrical infrastructure.
SDC was launched in 2022 by Saudi Crown Prince and Prime Minister Mohammed Bin Salman Bin Abdulaziz Al-Saud, who also serves as chairman of the PIF.
The company is developing downtown districts in 12 cities in Saudi Arabia: Al-Khobar, Medina, Al-Ahsa, Buraidah, Najran, Jizan, Hail, Al-Baha, Arar, Taif, Dumat Al-Jandal and Tabuk.
Earlier in July, MEED reported that SDC had awarded a contract for infrastructure works in downtown Al-Khobar to Saudi-based contractor Ansab General Contracting Company. The deal covers the design and development of the project's infrastructure, road networks and street lighting.
SDC's mandate is to develop more than 10 million square metres (sq m) of land across its projects, supporting the objectives of Saudi Vision 2030.
The Al-Khobar project covers approximately 829,103 sq m of land and is designed as a mixed-use hub offering residential units, retail spaces, entertainment, hospitality and integrated public amenities.
Local firm Omrania & Associates was recently appointed as the main consultant on the project.
READ THE JULY 2026 MEED BUSINESS REVIEW – click here to view PDFStress test for Gulf aviation; Mixed performance as country outlooks diverge in the Levant; GCC tourism sector pivots from crisis to recovery mode.
Distributed to senior decision-makers in the region and around the world, the July 2026 edition of MEED Business Review includes:
> AIRPORTS: Dubai and Riyadh reaffirm airport ambitions> INDUSTRY REPORT: Dubai eyes tourism sector recovery> DATA CENTRES: Big Tech falls short on data centre promise> LEADERSHIP: Aramco’s citizen developers accelerate digital changeTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/17732450/main.jpg