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Here is an interesting real life start from scratch nuclear story, in a Country that prior to the decision for nuclear, was full on fossil fuel.
Like I've said previously, I'm not fussed either way, just like to have a bit of honesty in the whole debate, rather than loony tunes.
The United Arab Emirates is installing nuclear-powered plants to meet their electricity demand, which is estimated to increase from 15 GWe to over 40 GWe in 2020.[1] In December 2009, the US and UAE signed a Section 123 Agreement for peaceful nuclear cooperation.[2] The UAE has also signed Nuclear Non-Proliferation Treaty (NPT), along with the additional protocol.[
The Barakah nuclear power plant is the first nuclear power station in the United Arab Emirates. Construction began in 2012, and four APR-1400 nuclear reactors were planned to start operating successively between 2017 and 2020.[4] As of March 2024, all four new nuclear reactors are now fully operational in the Barakah Nuclear station, producing 5,348 MWe of electricity[5] and allowing the UAE to produce 40 TWh of electricity per year, driving the proposed Net Zero economy.[6]
In December 2009, Emirates Nuclear Energy Corporation (ENEC) awarded a coalition led by Korea Electric Power Corporation (KEPCO) a $20 billion bid to build the first nuclear power plant in the UAE. Barakah, about 50 km west of Ruwais, was chosen as the site.[7][8] In 2011 Bloomberg reported that following detailed finance agreements, the build cost was put at $30 billion: $10 billion equity, $10 billion export-credit agency debt, and $10 billion from bank and sovereign debt. South Korea may earn a further $20 billion from operation, maintenance and fuel supply contracts.[9] However, a later Bloomberg report indicates the price as $25 billion.[10]
As of 2023, the United Arab Emirates began talks with the South Korean Nuclear power contractor (KEPCO) Korea Hydro & Nuclear Power Co. to potentially develop two additional reactors to the existing four operational (APR 1400) reactors at the facility. Soil preparation work has been partially outlined at the Barakah facility, indicating that steps are being implemented to develop the new reactors at the site. The addition of two additional APR(1400) reactors project is estimated at $15.3 billion US dollars. Large steps are being taken, showing the desire for the UAE and Korea to continue the project.[16]
Like I've said previously, I'm not fussed either way, just like to have a bit of honesty in the whole debate, rather than loony tunes.
Nuclear power in the United Arab Emirates - Wikipedia
en.wikipedia.org
The United Arab Emirates is installing nuclear-powered plants to meet their electricity demand, which is estimated to increase from 15 GWe to over 40 GWe in 2020.[1] In December 2009, the US and UAE signed a Section 123 Agreement for peaceful nuclear cooperation.[2] The UAE has also signed Nuclear Non-Proliferation Treaty (NPT), along with the additional protocol.[
The Barakah nuclear power plant is the first nuclear power station in the United Arab Emirates. Construction began in 2012, and four APR-1400 nuclear reactors were planned to start operating successively between 2017 and 2020.[4] As of March 2024, all four new nuclear reactors are now fully operational in the Barakah Nuclear station, producing 5,348 MWe of electricity[5] and allowing the UAE to produce 40 TWh of electricity per year, driving the proposed Net Zero economy.[6]
In December 2009, Emirates Nuclear Energy Corporation (ENEC) awarded a coalition led by Korea Electric Power Corporation (KEPCO) a $20 billion bid to build the first nuclear power plant in the UAE. Barakah, about 50 km west of Ruwais, was chosen as the site.[7][8] In 2011 Bloomberg reported that following detailed finance agreements, the build cost was put at $30 billion: $10 billion equity, $10 billion export-credit agency debt, and $10 billion from bank and sovereign debt. South Korea may earn a further $20 billion from operation, maintenance and fuel supply contracts.[9] However, a later Bloomberg report indicates the price as $25 billion.[10]
As of 2023, the United Arab Emirates began talks with the South Korean Nuclear power contractor (KEPCO) Korea Hydro & Nuclear Power Co. to potentially develop two additional reactors to the existing four operational (APR 1400) reactors at the facility. Soil preparation work has been partially outlined at the Barakah facility, indicating that steps are being implemented to develop the new reactors at the site. The addition of two additional APR(1400) reactors project is estimated at $15.3 billion US dollars. Large steps are being taken, showing the desire for the UAE and Korea to continue the project.[16]
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