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Enec signs cooperation agreement with Romania’s top nuclear group

United Arab Emirates – The Emirates Nuclear Energy Company (Enec) has signed an agreement with top energy group Nuclearelectrica for bilateral cooperation in the field of nuclear energy to support the development of this critical energy source to address the twin challenges of energy security and climate change.

A statement from Enec said the objective of the MoU is to provide both parties with a favorable framework for potential cooperation in the development and expansion of nuclear energy programs in the UAE and Romania, as well as in Central and Eastern Europe.

Nuclear energy is seen by the UAE and Romania as an important clean energy source for accelerating the decarbonization of the power sector and other heavy industries, as well as wider applications including the production of clean hydrogen and other clean molecules and desalination.

Under the agreement, Enec and Nuclearelectrica will jointly evaluate potential partnerships in nuclear plant operation and maintenance support, capacity building and human capital development, and research and development (R&D).

It added that the two sides will share experience in developing financing and commercial frameworks for nuclear programmes, as well as exchange knowledge on project management capabilities.

Mohamed Ibrahim Al Hammadi, Managing Director and CEO of Enec, said: “Our partnership with Nuclearelectrica reaffirms our commitment to advancing net-zero nuclear energy globally. As more and more countries recognize nuclear energy as an International partnerships will become even more important to accelerate the development of nuclear programmes, while decarbonizing the power sector and heavy industry by generating heat, steam and clean hydrogen.

“Our country benefits from long-term investment in nuclear energy, which supports economic diversification and sustainable development,” he noted.

“With three commercially operating reactors at the Barakah Nuclear Power Plant, we are producing sufficient clean electricity 24/7 to sustainably power the UAE while inspiring a new generation of climate change advocates,” he said.

“The deal with Nuclearelectrica will allow Enec to explore opportunities to expand its global nuclear fleet and ensure reliable and sustainable operations, in addition to sharing knowledge on advanced technologies such as Small Modular Reactors (SMRs) and other advanced technologies,” he added .

Cosmin Ghita, CEO of Nuclearelectrica, said: “The nuclear industry has demonstrated over the past few years that development, technological advancement and timely implementation are the direct result of international cooperation and the involvement of governmental and non-governmental organisations, operators and partner entities.”

The nuclear industry is a strategic resource in countries with tradition and expertise, or where the development of nuclear capabilities is seen as a solution to various environmental or energy system challenges.

Nuclearelectrica is a major renewable energy company with ongoing strategic investment projects worth an estimated EUR 12 billion, including the refurbishment of Cernavoda Unit 1, Units 3 and 4 projects, the development of Small Modular Reactors in partnership with NuScale, and the current operational supporting projects, such as tritium removal facilities.

Its investment projects contribute clean energy to Romania’s energy stability, socio-economic development, nuclear industry development and training of a new generation of experts.

Copyright 2022 Al Hilal Publishing and Marketing Group Courtesy of SyndiGate Media Inc. (Syndicate Information).

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