| 6 December 2023, Wednesday |

UAE signs nuclear energy cooperation agreements with China bodies

The United Arab Emirates’ nuclear energy sector’s development agency, Emirates Nuclear Energy Corporation (ENEC), has inked three agreements with Chinese nuclear energy companies in an effort to advance low-carbon nuclear energy.

As part of its 2050 net zero goal, the UAE, which is hosting the COP28 climate meeting this year, has previously stated that China would be a crucial partner in its energy transition strategy. The UAE plans to meet 6% of its energy demands through nuclear power.

The three Memorandums of Understanding (MoU) cover cooperation in nuclear energy operations, in high temperature gas-cooled reactors, and in nuclear fuel supply and investment, ENEC said on Sunday.

They were signed with China’s Nuclear Power Operations Research Institute, the China National Nuclear Corporation Overseas, and the China Nuclear Energy Industry Corporation.

The UAE is already building the Arab world’s first multi-unit operating nuclear energy plant, the Barakah plant in Abu Dhabi, being constructed by Korea Electric Power Corp (KEPCO) <015760.KS >.

When completed Barakah will have four reactors with 5,600 megawatts (MW) of total capacity – equivalent to around 25% of the UAE’s peak demand.

  • Reuters