Saudi Arabia plans to build 16 nuclear reactors for peaceful purposes

A cost of 100 billion riyals, and aims to meet 20% of energy demand

Detect the First Vice-President of Executive Chairman of the corporate sector National Commercial Bank in Saudi Arabia Al-Sharif Khalid bin Malik Al-Ghalib that Saudi Arabia put into their strategic plans to build 16 nuclear reactors at a total cost estimated at SR 100 billion will be used in aspects of the peace, and confirmed during the first scientific session of the Environmental Forum (GCC) III, which opened under the auspices of the Custodian of the Two Holy Mosques in the city of Jeddah, under the title of a green economy, that the reactors planned to be created will end by 2030 and will meet 20% of energy demand in Saudi Arabia.
The Al-Ghalib, the population of Earth reached about 7 billion people by the end of 2011, which has increased the demand for natural resources by 50% and is expected to consume the world's 25.5 trillion kilowatts of electricity by 2020 .. With rising demand for electricity consumption in Saudi Arabia by between 7 and 8% annually.
The Al-Ghalib that 25% to 30% of Saudi Arabia's oil is used locally, and said: "Investing in renewable energy such as wind, solar and nuclear energy is expensive and can not be the private sectors banks or companies to engage in this type of investment must here of direct government support in this aspect. "