US-Kingdom of Saudi Arabia Civil Nuclear Roundtable, Riyadh, Saudi Arabia
RIYADH, SAUDI ARABIA – Donald Wolf, Chairman and CEO of Advanced Reactor Concepts LLC (ARC) represented ARC at the US – Kingdom of Saudi Arabia Civil Nuclear Roundtable held December 17-18, 2017 in Riyadh, Saudi Arabia. The purpose of the Roundtable was to initiate a partnership process between U.S. civil nuclear energy companies and the King Abdullah City for Atomic and Renewable Energy (K.A.CARE) and more generally between the U.S. and Saudi civil nuclear industries.
The Roundtable provided an opportunity for in-depth information sharing and discussion of U.S. industry’s technologies, products, and services. The program was sponsored by U.S. Department of Commerce’s (DOC) International Trade Administration (ITA), with the support of the U.S. Department of Energy.
Mr. Wolf had numerous opportunities to discuss with the Saudi team the ARC-100 advanced small modular reactor and present its cost competitiveness, its inherent safety and its potential to solve the problem of nuclear waste. Potential partnership structures were presented and discussed.