His Highness Sheikh Mohammed Bin Zayed, Crown Prince of Abu Dhabi and Moon Jae-in, President of South Korea celebrated the completion of the first nuclear power reactor in UAE at the Barakah Power Plant yesterday.
Four nuclear power reactors will be developed in UAE.
Development for the power plant started nine years ago when Korean Electric Power Company was awarded a USD $20 billion contract by Emirates Nuclear Energy Corporation. Today, overall completion of the nuclear power reactor project stands at 86%. The second nuclear power reactor is 92% complete, the third nuclear power reactor is 81% complete and the fourth nuclear power reactor is 61% complete.
Nuclear power will help cut carbon emissions drastically.
According to the green energy website ‘Conserve Energy Future’, nuclear power is “the most environmentally friendly source of energy” because “it produces fewer greenhouse gas emissions during the production of electricity as compared to traditional sources like coal power plants.” Once operational, it is estimated that the four power reactors can contribute to saving 21 million tonnes of carbon emissions every year.
UAE is the 33rd country to have nuclear power reactors.
Currently, 33 countries have nuclear power reactors and the US leads this industry with 99 operational nuclear power reactors, followed by France(58) and Japan(42). South Korea, the partner for developing nuclear reactors in UAE, has 24 nuclear reactors. Alongside, countries including Turkey, Egypt and Belarus have nuclear power reactors projects under construction.
The UAE and Korea are ambitious countries with a converging vision and an exceptional, model relationship. We have a productive partnership which serves our higher interests and we shall do everything to make it grow even stronger. pic.twitter.com/Q2XjQLrh9g
— محمد بن زايد (@MohamedBinZayed) March 26, 2018