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United Arab Emirates Procurement News Notice - 76082


Procurement News Notice

PNN 76082
Work Detail The oil-rich United Arab Emirates has announced the completion of the Arab world’s first nuclear power plant, calling it a “significant step.” Abu Dhabi’s Barakah Nuclear Energy Plant will produce 40 terawatt-hours of electricity annually after its fourth and final reactor has entered commercial operation. The state-owned Emirates Nuclear Energy Corporation (ENEC) noted these insights in a recent statement. It will generate 25 percent of the electricity needs of the hot, desert Gulf state, where air-conditioning is ubiquitous. The station will power companies, including the Abu Dhabi National Oil Company (ADNOC), one of the world’s biggest oil producers. It will also provide energy to the Emirates Steel and Emirates Global Aluminum, ENEC said. Barakah, which means “blessing” in Arabic, started operations in 2020 when its first four reactors entered service. Project Factsheet Location: Gharbiya region of Abu Dhabi Capacity: 40TWh of Electricity Annually Country: Abu Dhabi Significance: Arab World’s first nuclear plant Project status: Operational Cost of Construction: U.S. $24.4 Billion Contracted Operators: ENEC Significance of Implementing the Arab World’s First Nuclear Plant Implementing the Arab World’s first nuclear plant brings unprecedented significance to the UAE and the Arab world in general. Moreover, the Barakah nuclear energy plant curates an effective path in ensuring the Arab nation harnesses nuclear power. This is seen as Saudi Arabia, the world’s top oil exporter, has also said it plans to build nuclear reactors. Emirati President Sheikh Mohamed bin Zayed Al Nahyan hailed Barakah’s completion as a “significant step on the journey towards net zero.”“We will continue to prioritise energy security and sustainability for the benefit of our nation and our people today and tomorrow,” he said in a post on social media platform X. According to the International Atomic Energy Agency, the plant “will have to be disassembled at the end of its useful life, in around 60-80 years”. The UAE, which is made up of seven emirates, including the capital, Abu Dhabi, and economic hub Dubai, is one of the largest oil producers in the OPEC cartel. The State of Affairs Regarding the Barakah Nuclear Energy Plant The implementation and completion of the Arab World’s first nuclear plant is one that has received accolades as a commendable feat. The nation seeks to ensure that it provides amicable sources of energy that also prove eco-friendly. Last year, it hosted the COP28 UN climate talks that resulted in an agreement to “transition away” from fossil fuels. The country is largely built on oil but is spending billions to develop enough renewable energy to cover half of its needs by 2050.The UAE lies across the Gulf from Iran, which has a Russian-built nuclear power plant outside the coastal city of Bushehr. The nation also has a controversial uranium enrichment program. The UAE has repeatedly said its nuclear ambitions are for “peaceful purposes” and ruled out developing any enrichment program or nuclear reprocessing technologies. The country uses gas-powered stations for much of its electricity needs but also has one of the world’s biggest solar plants outside Abu Dhabi.
Country United Arab Emirates , Asia
Industry Energy & Power
Entry Date 06 Sep 2024
Source https://constructionreviewonline.com/construction-projects/arab-worlds-first-nuclear-plant-in-united-arab-emirates/

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