The emergence of nuclear power in the Middle East
How do you start a new nuclear build programme?
All North African and Middle Eastern countries (with the exception of Iraq) have either expressed an interest in, or are actively pursuing, a new nuclear build programme.
This is driven by the requirements for energy security, growing populations with increasing energy demands and the need for water desalination and air conditioning.
Minimising the risks are crucial.
Even prior to launching a programme it is essential that the commercial model is thought through. The high costs and long time scales involved represent significant risks to those financing such schemes. In many cases legislative reform will be needed in markets to ensure that the project delivers low carbon energy or security of supply.
Starting a new nuclear build programme from scratch presents unique challenges involving a complex mix of stakeholders and the need to not only meets the requirements of, but inspires confidence from both internal and external bodies such as government decision makers and the international nuclear community (IAEA)
How can PwC help:
We have a unique blend of industry experts with experience in all areas required for new nuclear build. They include ex nuclear operators, ex employees of the World Nuclear Association (WNA), economists with extensive experience of global energy markets and many who have carried out substantive work with key nuclear industry players.
We have advised on new nuclear build in a number of countries around the world and in the GCC.
