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UAE Pledges Millions For Nuclear Future | |
| Sumita Pawar |
The United Arab Emirates (UAE) has pledged to invest up to $275m alongside partners from the US, Japan and South Korea in nuclear energy projects in Romania.
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The contribution, facilitated by the Emirates Nuclear Energy Corporation, will be directed towards the deployment of a NuScale Small Modular Reactor (SMR) in Romania.
ENEC will assist with procurement, engineering and project management. The project will replace a coal plant and provide reliable, clean baseload energy, reducing emissions in heavy-industrial sectors and supporting sustainable economic development.
“As a global leader in large-scale nuclear programs, the UAE brings its expertise to support the deployment of advanced nuclear technologies in Romania,”said Mohamed Ibrahim Al Hammadi, Managing Director & CEO of ENEC.
“ENEC will contribute through the sharing of knowledge, personnel, and technical capabilities, further solidifying its role as a key player in the international nuclear energy landscape.”
The initiative marks the first major project under the Partnership for Accelerating Clean Energy, a global effort to promote clean energy adoption.