| 29 Jul 2010 |
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Jordan: 'Financing to influence choice of nuclear technology'
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AMMAN - Financing will be a deciding factor in Jordan's selection of technology for its first commercial nuclear reactor, according to a senior energy official.
A sustainable funding scheme will be a major consideration in selecting an international company to build the country's first nuclear power plant, Jordan Atomic Energy Commission (JAEC) Chairman Kahled Toukan told The Jordan Times in a recent interview.
The JAEC and consultant Worley Parsons are currently weighing three offers in the reactor's technology selection phase.
In May, the commission short-listed three technologies: Canadian AECL's Enhanced CANDU 6 reactor, the AES-92 VVER-1000 reactor by Russian firm Atomstroyexport and the ATMEA1 reactor by a French-Japanese consortium comprising AREVA and Mitsubishi Heavy Industries.
Negotiations are focusing on technology, financing and organisational support for future operation of the plant, the commission said in a previous statement.
In parallel with the negotiations, the commission is holding specialised workshops on financing with the final bidders for providing technology for the nuclear power plant.
The JAEC and Worley Parsons are expected to select one vendor to negotiate a final contract for the design and construction of the plant, slated to be established 25 kilometres outside Aqaba and several kilometres inland
The reactor, a 1,000-megawatt Generation III reactor with a closed loop cooling cycle, is expected to be online by the end of the decade.
The Kingdom's peaceful nuclear power programme aims to meet rising electricity demands, expected to double by 2020, and to wean the country off energy imports, which cost 13 per cent of gross domestic product in 2009.
By Taylor Luck
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