The activities of the second meeting of the joint Saudi Korean Steering committee of the small compact nuclear reactors project (SMART Reactor) were concluded today in Seoul city of South Korea, where the Saudi side was presided over by HE the Vice President of King Abdullah City for Atomic and renewable Energy K.A.CARE Dr. Waleed Abualfaraj with the participation of the members of the Steering Committee from K.A.CARE. The meeting was attended from the Korean side by the Vice Minister of Science and Information Technology and Future Planning of South Korea and the Vice President of the Korean Institute for Atomic energy research (KAERI) and the Executive President of Smart Company for Energy and the General Director of the nuclear National Plan for Research and Development in the Korean Organization for Nuclear Research. This meeting is considered one of a series of meetings arranged for the Project's Steering committee.
At the beginning of the meeting an opening speech was delivered on behalf of both parties by H.E the Vice President of King Abdullah City for Atomic and renewable Energy K.A.CARE Dr. Waleed Abualfaraj, followed by a review of the time table of the project's progress and works that were completed during the last period. The works of the Steering committee concentrates on the adoption of the strategic aspirations of the Project, overseeing its implementation and facilitating the execution of the activities associated with it.
It is worth to be mentioned that more than 20% of the engineering designs of SMART reactor have been completed as well as the successful completion of the first and second phases of the program of developing human capabilities in the techniques of small compact nuclear reactors (SMART) for Saudi engineers participating in the Project.
It is known that K.A.CARE has entered into a partnership with the Korean Institute of Atomic Energy (KAERI) to develop SMART technology and to build two units of SMART reactor in the Kingdom as the Kingdom owns this technique in partnership with the Korean side, knowing that SMART is one of the developed compact reactors of 110 mega Watt capacity of electricity. This Project is considered one of K.A.CARE initiatives included in the National Transformation Program 2020 approved in the current year for the purpose of acquiring, transmitting and Saudizing this technique in the Kingdom. The K.A.CARE hopes that this partnership enables the Saudization of nuclear knowledge and support value chains and allowing the Kingdom to enter the market as a developer, owner and exporter, in the future, of nuclear energy techniques. A specialized Saudi technical team is currently working side by side with the Korean Nuclear Research Organization for training and participation in preparing the reactors' engineering designs.