Latest news with #BarakahNuclearEnergyPlant
Zawya
17 hours ago
- Business
- Zawya
ENEC, Hyundai E&C sign MoU to advance global nuclear energy collaboration
The Emirates Nuclear Energy Company (ENEC) and Hyundai Engineering & Construction (Hyundai E&C) today signed a strategic Memorandum of Understanding (MoU) in Seoul, Republic of Korea, to jointly explore international nuclear energy opportunities. The collaboration between ENEC and Hyundai E&C builds on the longstanding strategic partnership between the UAE and the Republic of Korea in the nuclear sector and supports both countries' shared goals to 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. The MoU 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. ENEC is pursuing a new phase of investing in, collaborating with and consulting on both large nuclear reactors in addition to advancing new nuclear technologies both locally and internationally. With the Barakah Nuclear Energy Plant fully operational, ENEC 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, and MOUs with companies such as Hyundai E&C are a clear demonstration of this approach. 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. As Korea and the UAE deepen their commitment to future cooperation in the energy sector, including nuclear, Hyundai E&C also plans to expand the horizon of their cooperation as a strategic partner, building on the trust and experience developed during the Barakah Nuclear Energy Plant project.
Emirates 24/7
21 hours ago
- Business
- Emirates 24/7
ENEC, Hyundai E&C sign MoU to advance global nuclear energy collaboration
The Emirates Nuclear Energy Company (ENEC) and Hyundai Engineering & Construction (Hyundai E&C) today signed a strategic Memorandum of Understanding (MoU) in Seoul, Republic of Korea, to jointly explore international nuclear energy opportunities. The collaboration between ENEC and Hyundai E&C builds on the longstanding strategic partnership between the UAE and the Republic of Korea in the nuclear sector and supports both countries' shared goals to 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. The MoU 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. ENEC is pursuing a new phase of investing in, collaborating with and consulting on both large nuclear reactors in addition to advancing new nuclear technologies both locally and internationally. With the Barakah Nuclear Energy Plant fully operational, ENEC 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, and MOUs with companies such as Hyundai E&C are a clear demonstration of this approach. 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. As Korea and the UAE deepen their commitment to future cooperation in the energy sector, including nuclear, Hyundai E&C also plans to expand the horizon of their cooperation as a strategic partner, building on the trust and experience developed during the Barakah Nuclear Energy Plant project.
Gulf Today
3 days ago
- Business
- Gulf Today
ENEC and Westinghouse ink deal to accelerate nuclear energy solutions
The Emirates Nuclear Energy Company (ENEC) and Westinghouse Electric Company signed a Memorandum of Understanding (MoU) exploring collaboration opportunities for the deployment of advanced nuclear energy solutions in the United States. Signed in Washington DC, the agreement is aligned with US priorities to quadruple the nation's nuclear generation by 2050 to meet rising power demand, including from the expansion of AI and the technology sector. The collaboration will leverage ENEC's world-class expertise in large-scale nuclear development and operations and Westinghouse's industry leading nuclear technologies. Under the MoU, the companies will explore ways to accelerate the deployment of the fully licensed, construction-ready AP1000 reactor in the US. In addition, ENEC and Westinghouse will look at ways to collaborate across a broad range of opportunities, including new build and restart projects in the US, development of commercial and operational deployment models for AP1000 reactors, and fuel supply chains, operations and maintenance services. Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC, said, 'The world is turning to nuclear energy as a necessity for delivering clean and reliable baseload electricity to meet power demand in parallel with protecting the grid. With ENEC's proven track record in developing one of the world's most advanced nuclear energy programmes, our collaboration with Westinghouse brings together two leaders in our fields. This marks a significant step in supporting the United States' bold ambitions to rapidly expand its nuclear fleet, reinforcing the deep and long-standing energy partnership between the UAE and the United States.' Dan Sumner, Interim CEO of Westinghouse, said, 'The US has a bold vision to have 10 large-scale nuclear reactors under construction by 2030, and Westinghouse is working closely with industry partners to make this a reality. Our AP1000 technology is the only fully licensed, construction-ready large modular reactor available today to deliver this goal. In addition to driving billions of dollars of direct economic impact for the nation, an AP1000 fleet deployment will create tens of thousands of good paying manufacturing, engineering, and construction jobs. We believe that ENEC's expertise in large-scale nuclear deployment will help us achieve this objective.' The partnership aligns with ENEC's broader strategy to pursue opportunities for investment, collaboration and deployment of nuclear technologies internationally, to support the rapid delivery of civil nuclear energy to boost energy security and sustainability. By sharing the expertise and insights gained from the successful delivery and operation of the Barakah Nuclear Energy Plant, ENEC is supporting other countries and organisations seeking to integrate nuclear energy into their clean energy strategies, accelerating responsible nuclear energy growth to meet rising global power demands while strengthening power grids. Meanwhile in November 2024, the Emirates Nuclear Energy Company (ENEC) announced it has signed a Strategic Collaboration Agreement (SCA) with Adnoc to research and explore developing innovative energy solutions to enhance energy efficiency in support of the UAE's energy diversification strategy. This agreement involves a comprehensive technical and economic assessment to identify the best-fit nuclear reactor technologies for Adnoc by leveraging ENEC's expertise in assessing technological performance in pilot projects as well as future technologies under development. The agreement also includes a joint effort to explore the use of excess heat from the Barakah Nuclear Energy Plant in Abu Dhabi, by conducting feasibility studies to assess excess heat usage opportunities, with recommendations for advanced technologies that can be demonstrated through existing or upcoming pilot projects. Ahmed Al Mazrouei, Nuclear Research and Development Vice President at ENEC, said, 'This strategic collaboration with Adnoc marks a significant step forward in our ongoing commitment to advancing new technologies and driving R&D in the UAE's energy sector. By focusing on cutting-edge nuclear innovations and exploring new methods to harness excess heat for industrial applications, we are strengthening the UAE's green economy. Together with Adnoc, we will leverage our combined technical capabilities and expertise to identify and develop nuclear solutions that enhance energy security and sustainability in parallel.' Ali Al Rawahi, Senior Vice President for Technology and Innovation at Adnoc, stated, 'In collaborating with ENEC, we will explore the deployment of small modular nuclear reactors as we develop innovative energy solutions to enhance our operational efficiency. Our partnership underscores our mutual commitment to scaling a reliable and clean energy source, as well as developing pioneering advancements in lower-carbon energy and technological innovation.' WAM
Zawya
4 days ago
- Business
- Zawya
ENEC, Westinghouse sign deal to accelerate nuclear energy deployment in US
WASHINGTON DC - The Emirates Nuclear Energy Company (ENEC) and Westinghouse Electric Company on Thursday signed a Memorandum of Understanding exploring collaboration opportunities for the deployment of advanced nuclear energy solutions in the United States. Signed in Washington DC, the agreement is aligned with US priorities to quadruple the nation's nuclear generation by 2050 to meet rising power demand, including from the expansion of AI and the technology sector. The collaboration will leverage ENEC's world-class expertise in large-scale nuclear development and operations and Westinghouse's industry leading nuclear technologies. Under the MoU, the companies will explore ways to accelerate the deployment of the fully licensed, construction-ready AP1000® reactor in the US. In addition, ENEC and Westinghouse will look at ways to collaborate across a broad range of opportunities, including new build and restart projects in the US, development of commercial and operational deployment models for AP1000 reactors, and fuel supply chains, operations and maintenance services. Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC, said, "The world is turning to nuclear energy as a necessity for delivering clean and reliable baseload electricity to meet power demand in parallel with protecting the grid. With ENEC's proven track record in developing one of the world's most advanced nuclear energy programmes, our collaboration with Westinghouse brings together two leaders in our fields. This marks a significant step in supporting the United States' bold ambitions to rapidly expand its nuclear fleet, reinforcing the deep and long-standing energy partnership between the UAE and the United States.' Dan Sumner, Interim CEO of Westinghouse, said, 'The US has a bold vision to have 10 large-scale nuclear reactors under construction by 2030, and Westinghouse is working closely with industry partners to make this a reality. Our AP1000 technology is the only fully licensed, construction-ready large modular reactor available today to deliver this goal. In addition to driving billions of dollars of direct economic impact for the nation, an AP1000 fleet deployment will create tens of thousands of good paying manufacturing, engineering, and construction jobs. We believe that ENEC's expertise in large-scale nuclear deployment will help us achieve this objective.' The partnership aligns with ENEC's broader strategy to pursue opportunities for investment, collaboration and deployment of nuclear technologies internationally, to support the rapid delivery of civil nuclear energy to boost energy security and sustainability. By sharing the expertise and insights gained from the successful delivery and operation of the Barakah Nuclear Energy Plant, ENEC is supporting other countries and organisations seeking to integrate nuclear energy into their clean energy strategies, accelerating responsible nuclear energy growth to meet rising global power demands while strengthening power grids.
Al Etihad
4 days ago
- Business
- Al Etihad
Emirates Nuclear Energy Company, Westinghouse Electric Company sign agreement to accelerate nuclear energy solutions in the US
25 July 2025 11:35 ABU DHABI (ALETIHAD)The Emirates Nuclear Energy Company (ENEC) and Westinghouse Electric Company have signed an agreement to explore collaboration opportunities for the deployment of advanced nuclear energy solutions in the in Washington DC, the agreement is aligned with US priorities to quadruple the nation's nuclear generation by 2050 to meet rising power demand, including from the expansion of AI and the technology sector. The collaboration will leverage ENEC's world-class expertise in large-scale nuclear development and operations and Westinghouse's industry leading nuclear the agreement, the companies will explore ways to accelerate the deployment of the fully licensed, construction-ready AP1000 reactor in the US. In addition, ENEC and Westinghouse will look at ways to collaborate across a broad range of opportunities, including new build and restart projects in the US, development of commercial and operational deployment models for AP1000 reactors, and fuel supply chains, operations and maintenance Excellency Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC, said: "The world is turning to nuclear energy as a necessity for delivering clean and reliable baseload electricity to meet power demand in parallel with protecting the grid. With ENEC's proven track record in developing one of the world's most advanced nuclear energy programs, our collaboration with Westinghouse brings together two leaders in our fields. This marks a significant step in supporting the US's bold ambitions to rapidly expand its nuclear fleet, reinforcing the deep and long-standing energy partnership between the UAE and the US.'Dan Sumner, Interim CEO of Westinghouse Electric Company, said: 'As the world's most proven, advanced Gen III+ technology in operation, the AP1000 reactor can be deployed rapidly to meet the needs of a power-hungry world. We look forward to partnering with ENEC to explore new AP1000 projects globally while providing ongoing support to Barakah Nuclear Energy Plant.' The partnership aligns with ENEC's broader strategy to pursue opportunities for investment, collaboration and deployment of nuclear technologies internationally, to support the rapid delivery of civil nuclear energy to boost energy security and sustainability. By sharing the expertise and insights gained from the successful delivery and operation of the Barakah Nuclear Energy Plant, ENEC is supporting other countries and organisations seeking to integrate nuclear energy into their clean energy strategies, accelerating responsible nuclear energy growth to meet rising global power demands while strengthening power grids.
