Free Newsletters - Space - Defense - Environment - Energy - Solar - Nuclear
..
. Nuclear Energy News .




CIVIL NUCLEAR
UAE announces $3bn in nuclear fuel deals
by Staff Writers
Dubai (AFP) Aug 15, 2012


The United Arab Emirates said Wednesday it had selected six companies to supply fuel to its four planned nuclear reactors in deals worth an estimated $3 billion (2.43 billion euros).

"The six contracts are valued at approximately US$3 billion according to ENEC forecasts," the Emirates Nuclear Energy Corporation said in a statement.

The UAE announced this month that it would begin building two of four 1,400 megawatt nuclear power plants in partnership with a South Korean consortium, the first of which is scheduled to begin production in 2017.

ENEC said the companies providing raw material and enrichment services include France's Areva, London-headquartered Rio Tinto, the US company ConverDyn, Uranium One Inc of Canada, Britain's URENCO and Russia's TENEX.

The companies will begin providing uranium and processing services beginning in 2014, and cover the needs of the four plants at Barakah for 15 years.

The enriched uranium will be supplied to KEPCO Nuclear Fuels KNF, which will manufacture the fuel assemblies for use in the four planned UAE units.

KNF is a member of ENEC's Prime Contract consortium, led by Korea Electric Power Corporation (KEPCO).

"These contracts will provide ENEC with long-term security of supply, high quality fuel and favourable pricing and commercial terms," ENEC's chief executive Mohamed Al Hammadi was quoted as saying in a statement.

Areva said separately that its eight-year contract to provide enriched uranium was worth 400 million euros.

Despite being a major oil exporter, the UAE has opted for nuclear, seeing it as a proven, environmentally promising and commercially competitive source of electricity, upon which it relies to produce all of its drinking water via desalination.

With the four plants scheduled to be operating by 2020, the UAE hopes nuclear can provide up to a quarter of its electricity needs, which are forecast to soar to 40 gigawatts from 15.5 currently.

.


Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





CIVIL NUCLEAR
Belgium nuke re-start seen as unlikely
Antwerp, Belgium (UPI) Aug 13, 2012
The chief of Belgium's nuclear power regulatory agency says he's "skeptical" the Doel-3 reactor near Antwerp can ever be re-started. Willy De Roovere, director of the country's Federal Agency for Nuclear Control, told the Belgian public broadcaster RTBF Friday that anomalies found in the tank holding the reactor's nuclear core could be cracks, in which case the plant would face imminent ... read more


CIVIL NUCLEAR
Major advance made in generating electricity from wastewater

New process doubles production of alternative fuel while slashing costs

Senegalese villagers vow to fight biofuels project

AREVA invests in bio-coal

CIVIL NUCLEAR
University of Houston researcher develops solar panel coating

Here Comes the Sun: NASA Picks Solar Array System Development Proposals

Lockheed Martin to Integrate Fuel Cells, Solar Power for Military Apps

Hanwha Solar Launches Project Development Business in North America

CIVIL NUCLEAR
Wind farms: A danger to ultra-light aircraft?

Off-shore wind power project considered

Obama whips up wind power attack on Romney

Clegg: Gov't 'committed' to renewables

CIVIL NUCLEAR
Drought hits U.S. power supply

Rwanda to begin geothermal drilling

Improved methods for predicting energy consumption

Paraguay row threatens Itaipu power deal

CIVIL NUCLEAR
Ban calls for South China Sea dialogue

Japan arrests five men on disputed island: police

Venezuelan petrol to China up 60% since February: officials

KIT Controls Fluctuation of Renewable Energies by Using Modern Storage Systems

CIVIL NUCLEAR
Five Potential Habitable Exoplanets Now

RIT Leads Development of Next-generation Infrared Detectors

UCF Discovers Exoplanet Neighbor

Can Astronomers Detect Exoplanet Oceans

CIVIL NUCLEAR
Myanmar names navy chief as new vice president

India's nuclear submarine nears sea trials

Navantia use Paramarine Advance Marine Design Software in the development of naval ships and submarines

India's first nuclear submarine set for trials

CIVIL NUCLEAR
India to launch Mars mission: PM

Mars rover captures crash landing

Obama to NASA experts: 'Let me know if you find Martians'

Opportunity Will Resume Driving Soon




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement