UAE picks South Korea as its nuclear partner

by snuffysmith | December 29, 2009 at 01:59 pm
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South Korean firms are to lead the construction of nuclear power plants in the United Arab Emirates (UAE), after the nation concluded its long-awaited nuclear tender.

 

Four South Korean-developed APR1400 reactors are to be built in a $20 billion order, with Korea Electric Power Company (Kepco) providing the "full scope of works and services". An array of South Korean firms are to take up roles in supply and technical support, notably Korea Hydro and Nuclear Power (KHNP) which will assist in operating the new reactors.

 

This will be "a partnership that endures for 100 years," said Khaldoon Al Mubarak, chairman of the Emirates Nuclear Energy Corporation (Enec), describing a South Korean consortium as the best fit for the UAE's nuclear power ambitions.

South Korean says the contract contains provisions that lower risk to the project and allow the UAE to model its nuclear industry on that developed by South Korea. Faced with limited resources and rapidly  fast growing demand for energy, South Korea imported Westinghouse System-80 pressurized water reactors in the late 1970s. The contract included terms that allowed Kepco to develop its own versions of the PWR - such as APR1400. Now, South Korea has a full nuclear design, manufacture and construction capability backed up by extensive skill resources. South Korea anticipates that nuclear power will  provide 55% of South Korean electricity by 2020.

And with the full design, manufacture, and construction capability, South Korea is on its way to becoming a full global nuclear power house capable of competing with the best that the US nuclear industry has to offer. And its not just expanding its business in the UAE. They are gearing up for big business across the Middle East. Turkey is next.

South Korea eyes nuclear deal with TurkeyKorea Electric Power is in discussions with Turkey for the construction of as many as four nuclear reactors, an official said -More-

Query: Is the US also losing this technological industrial power edge?

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SKorean-led group wins 20.4-billion-dollar UAE nuclear deal
Abu Dhabi (AFP) Dec 27, 2009 - The United Arab Emirates has awarded a 20.4-billion-dollar contract to build four nuclear power plants to a South Korean-led consortium, the Emirates Nuclear Energy Corporation said Sunday. The UAE "has determined that the Korea Electric Power Corporation (KEPCO) team is best equipped to fulfill the government's partnership requirements in this ambitious programme," ENEC chairman Khaldoon al ... more

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