Latest news with #PeacefulNuclearEnergyProgramme
Dubai Eye
29-07-2025
- Business
- Dubai Eye
UAE, South Korea companies sign deal to expand nuclear energy cooperation
The Emirates Nuclear Energy Company (ENEC) and South Korea-based Hyundai Engineering & Construction (Hyundai E&C) have signed an agreement to jointly explore international nuclear energy opportunities. Signed in Seoul, the deal provides a "comprehensive framework for knowledge sharing, collaborative evaluation of project participation, and assessment of strategic investment opportunities." It also includes the formation of a joint working group to identify areas of mutual interest and support the development of future nuclear energy initiatives. The collaboration between ENEC and Hyundai E&C builds on the longstanding strategic partnership between the UAE and Korea in the nuclear sector and supports both countries' shared goals of advancing peaceful nuclear energy in line with IEA and IAEA projections for a significant global scale-up of nuclear capacity by 2030 and 2050 respectively. With the Barakah Nuclear Energy Plant fully operational, ENEC said it is now focused on working with global partners to support the acceleration of nuclear deployment and is committed to working with all "responsible" nations looking to deploy new nuclear or expand their existing fleets. Hyundai E&C was the lead contractor in the construction of the Barakah Nuclear Energy Plant, and a proven contributor to the UAE Peaceful Nuclear Energy Programme, which is now recognised as a global benchmark for safe and efficient nuclear development. The signing follows a series of recent agreements between ENEC and leading global operators, technology developers, and energy companies. These partnerships form an integral part of ENEC's broader focus on identifying global investment, collaboration and deployment opportunities to support the rapid delivery of civil nuclear energy, driving energy security and sustainability through the provision of clean baseload electricity. The successful construction of the Barakah Nuclear Energy Plant, earned Hyundai E&C high praise from the global nuclear industry for demonstrating its unique risk management and construction capabilities.
Time of India
28-07-2025
- Automotive
- Time of India
UAE nuclear agency signs global expansion deal with Korea's Hyundai E&C after Barakah success
The UAE's nuclear agency and Hyundai E&C signed an MoU to collaborate on knowledge sharing, strategic investments, and future international nuclear projects/ Image: WAM The Emirates Nuclear Energy Company (ENEC) and Hyundai Engineering & Construction (Hyundai E&C) signed a strategic Memorandum of Understanding (dMoU) in Seoul, Republic of Korea, marking a significant step forward in international nuclear cooperation. This new agreement aims to explore global nuclear energy opportunities through joint initiatives, aligning with both the UAE's and Korea's shared vision of advancing peaceful nuclear energy development. The collaboration builds on a longstanding and successful partnership between the two nations in the nuclear sector. It supports mutual efforts toward the safe and efficient expansion of nuclear power, in line with projections by the International Energy Agency (IEA) and the International Atomic Energy Agency (IAEA), which foresee a substantial global scale-up of nuclear capacity by 2030 and 2050. A Framework for Global Expansion and Technological Advancement Under the terms of the MoU, ENEC and Hyundai E&C have committed to: Knowledge sharing in nuclear technologies and project execution. Collaborative evaluation of participation in international nuclear energy projects. Assessment of strategic investment opportunities in nuclear ventures around the world. Formation of a joint working group to identify areas of mutual interest and support the development of future nuclear energy initiatives. This agreement is part of ENEC's broader strategic direction as it enters a new phase of global engagement. With the Barakah Nuclear Energy Plant in the UAE now fully operational, ENEC is actively looking to invest in and collaborate on large-scale nuclear reactors and new nuclear technologies both domestically and internationally. ENEC emphasized its commitment to 'working with all responsible nations looking to deploy new nuclear or expand their existing fleets,' adding that 'MOUs with companies such as Hyundai E&C are a clear demonstration of this approach.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo Barakah Plant: A Model for Global Nuclear Development The MoU is also a continuation of the strong working relationship between ENEC and Hyundai E&C, the lead contractor in the construction of the Barakah Nuclear Energy Plant, a flagship achievement in the UAE's Peaceful Nuclear Energy Programme. Hyundai E&C, established in 1947, is one of South Korea's leading construction firms with expertise in civil, plant, and nuclear power projects. The company is now recognized globally for its expertise in nuclear infrastructure, and the Barakah project stands as a benchmark for safe, efficient nuclear development. The Barakah project involved the construction of four APR-1400 nuclear power plants, each with a capacity of 1,400MW, located west of Abu Dhabi. The USD 20 billion contract was awarded in December 2009 to a consortium led by Hyundai E&C, Korea Electric Power Corporation (KEPCO), and Korea Hydro & Nuclear Power, after intense competition from consortia in France, the United States, and Japan. Construction of the first unit began on the afternoon of 18 July 2012, and the plant became operational in 2020. Spanning an area 8 kilometers long and 1.8 kilometers wide, roughly four times the size of Yeouido in Seoul, the site showcases impressive engineering. Each reactor building, crowned with an 80-meter dome reminiscent of Islamic architecture, reaches the height of a 30-story building. Hyundai E&C's successful delivery of the project, on time and on budget, drew praise from the global nuclear industry for its project execution, risk management, and construction expertise. About ENEC The Emirates Nuclear Energy Company (ENEC) was established in December 2009 by a decree from UAE President Khalifa Bin Zayed Al Nahyan. ENEC is the national entity responsible for the deployment and ownership of nuclear energy plants across the UAE. Its founding purpose is to meet the country's growing electricity demand while diversifying energy sources and ensuring long-term energy security.
Zawya
23-04-2025
- Business
- Zawya
UAE, Korea review achievements of peaceful nuclear energy cooperation
The 6th meeting of the High-Level Consultations Committee on Nuclear Cooperation between the Government of the Republic of Korea (RoK) and the Government of the UAE was convened in Abu Dhabi. The meeting was chaired by Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Infrastructure, and Kang Insun, Second Vice Minister of Foreign Affairs of Korea, and attended by the senior leadership teams of the key nuclear energy stakeholders in the UAE and Korea. Al Mazrouei affirmed the strength of bilateral relations between the UAE and the Republic of Korea, highlighting that the strategic partnership between the two countries has led to major achievements, most notably the UAE Peaceful Nuclear Energy Programme. He added that the High-Level Consultations Committee on Nuclear Cooperation has played a pivotal role in deepening cooperation and establishing a strong foundation for further strategic partnerships. Al Mazrouei expressed confidence that both nations will continue working together to realise their shared vision. 'I am confident that we will work more together towards achieving our leadership directions, as well as our joint vision,' Minister Al Mazrouei noted. The UAE-RoK High-Level Consultations Committee on Nuclear Cooperation consists of three working groups: Cooperation on the Barakah Nuclear Power Plant and Overseas Projects; Nuclear Science and Technology R&D and finally Nuclear Safety and Security Regulation. Each working group has a joint programme of projects to strengthen nuclear cooperation relations, including sharing operating experience, cooperation in overseas nuclear energy projects, research and development, capacity building, and cybersecurity, amongst others. The meetings of the High-Level Consultations Committee come within the framework of the bilateral agreement on cooperation in the peaceful uses of nuclear energy, signed between the two countries. The agreement aims to expand and deepen the nuclear partnership to mutual interests in sustainable development and clean energy.
Emirates 24/7
17-02-2025
- Business
- Emirates 24/7
UAE marks Professional Day of Nuclear and Radiation Sector Workers
The UAE today observed the Professional Day of the Nuclear and Radiation Sector Workers, which was approved by the UAE Cabinet in January 2023 to mark the anniversary of the 16th of February 2020, when the Federal Authority for Nuclear Regulation (FANR) issued the licence to operate unit 1 of the Barakah Nuclear Power Plant. The Professional Day highlights the success stories, achievements, and dedication of workers in the UAE's nuclear and radiation sector. It aims to recognise their contributions to the development of the UAE Peaceful Nuclear Energy Programme, which has positioned the country as a global model for emerging nuclear nations. Christer Viktorsson, Director-General of the Federal Authority for Nuclear Regulation (FANR), said, 'The Professional Day of the Nuclear and Radiation Sector Workers is an opportunity to honour the relentless efforts of some 20,000 nuclear and radiation workers in the UAE for their dedication, expertise, and unwavering commitment to ensure the safe, secure and peaceful use of nuclear and radiation materials and technologies. Their contributions not only drive innovation and progress but also safeguard lives and the environment.' 'As the UAE celebrates this year as the Year of Community, FANR joins all stakeholders in shouldering its responsibilities to regulate the nuclear and radiation sector to ensure the protection of the community, workers and the environment,' added Viktorsson. According to Aayda Shehhi, Director of Radiation Safety at FANR, the Radiation Protection Committee dedicated its 2024 efforts to enhancing the UAE's radiation safety infrastructure. These initiatives demonstrate the UAE's commitment to ensuring the highest safety standards within the nuclear and radiation sectors. The progress achieved in the nuclear and radiation sector in the country is the result of the wise vision of the UAE's leadership and the government as well as the effective cooperation of the partners over the years. The UAE's impact on the nuclear and radiation sector has been recognised internationally. The International Atomic Energy Agency (IAEA), among others, commended the country for its robust radiation protection infrastructure. Follow Emirates 24|7 on Google News.
