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Romania’s Nuclearelectrica signs deal with UAE’s ENEC to collaborate on nuclear energy program development

Romania’s Nuclearelectrica and UAE’s Emirates Nuclear Energy Corporation (ENEC) have announced the signing of a Memorandum of Understanding (MoU) for bilateral cooperation on joint nuclear energy programs, Nuclearelectrica announced on Monday (20 March).

The MoU aims to provide both parties with an ‘enabling framework’ for potential collaboration on the development and expansion of nuclear energy programs in the UAE and Romania, as well as within Central and Eastern Europe.

ENEC and Nuclearelectrica will work together to assess potential cooperation in operations and maintenance support of nuclear energy plants, capacity building and human capital development, as well as synergies in research and development. The two parties will share experience in developing financing and commercial frameworks of nuclear programs, as well as exchanging knowledge on project management capabilities, the Romanian nuclear company said.

“Our partnership with Nuclearelectrica reaffirms our commitment to advancing Net Zero nuclear globally. As more and more nations recognise the crucial role nuclear energy plays as a proven solution to boosting domestic energy security and in parallel decarbonising the power sector, as well as a heavy industry through the generation of heat, steam and clean hydrogen, international partnerships will become even more critical to accelerating the development of nuclear programs. Our nation has benefited from long-term investments in nuclear energy, which supports economic diversification and sustainable development,” said His Excellency Mohamed Ibrahim Al Hammadi, Managing Director and Chief Executive Officer of ENEC.

“With three commercially operational reactors at the Barakah Nuclear Energy Plant, we are generating abundant clean electricity 24/7, sustainably powering the UAE, whilst inspiring a new generation of climate change champions. We look forward to working with Nuclearelectrica to explore opportunities to grow the 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,” His Excellency added.

The Barakah Nuclear Power Plant in Abu Dhabi Barakah provides ‘significant environmental benefits’ for the UAE for the next 60 years and beyond, which will be showcased at COP28 in November, Nuclearelectrica said in its press release.

“Over the past years, the nuclear industry has proven that development, technological advancement and timely implementation are a direct consequence of international cooperation, involvement at the level of governmental and non-governmental organisations, operators and partner entities. The nuclear industry is a strategic resource in countries with tradition and expertise or in countries that consider the development of nuclear capabilities as a solution to various environmental or energy system challenges. Experienced operators face the same challenges and see the same opportunities and we welcome this MoU with ENEC as we are sure that the exchange of experience in key areas, together with the identification of measures and new frameworks for cooperation and development will have a direct beneficial impact on both companies,” said Cosmin Ghita, Chief Executive Officer of Nuclearelectrica.

In the last few months, Nuclearelectrica has also made progress in its ‘strategic investment projects such as the refurbishment of Unit 1 of the Cernavoda nuclear power plant and the development of small modular reactors in cooperation with NuScale.

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