More indications of global growth in nuclear sector

More indications of global growth in nuclear sector

Strong indications of global growth persist in the nuclear sector. We point you to three recent news articles and a note on the nuclear program in the UAE, below:

The Russian Federation, via its nuclear arm Rosatom, recently pledged an in-kind contribution of RUB80.6 billion for the development of the nuclear industry, including a RUB22.45  billion (US$680 million) subsidy for constructing nuclear power plants abroad.

Russia invests in nuclear

According to Reuters, Pakistani officials recently announced that the China National Nuclear Cooperation (CNNC)  has committed $6.5 billion to finance the construction of a major nuclear power project in Pakistan’s port city of Karachi.

China commits $6.5 billion for Pakistani nuclear project

Source: Reuters, By Mehreen Zahra-Malik, Published Tuesday, December 24, 2013

Construction has started on the sixth unit at a nuclear power plant in China’s Guangdong province – the largest nuclear construction site in the world. The first two reactors there, together with several other units elsewhere in the country, are nearing start-up.

China celebrates construction milestones

The Emirates Nuclear Energy Corporation (ENEC) was launched in December 2009 to deliver nuclear energy to the United Arab Emirates. ENEC is building a total of four Units at the Barakah site. The first Unit will be operational in 2017, with one additional Unit becoming operational each year up to 2020. With four plants online by 2020, ENEC projects that nuclear energy will produce nearly a quarter of the nation’s electricity needs and save the UAE up to 12 million tons of CO2 emissions each year.

Powering the future of the UAE through safe, clean and efficient nuclear energy 

Source: Kivalliq Energy Corporation

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