ENEC awarded the Prime Contract for the UAE civil nuclear energy program to a consortium led by the Korean Electric Power Corporation (KEPCO) – one of the world leaders in safety, plant reliability and efficiency.
KEPCO is the world’s third largest nuclear energy company. It is recognised by the World Association of Nuclear Operators (WANO) as a leader in safety, plant reliability and efficiency, and currently receives among the highest scores in the WANO performance indicator program.
KEPCO was chosen following an exhaustive year-long evaluation process by a 75-member team of experts.
The KEPCO consortium will design, build and operate four 1,400 MW nuclear power plants in the UAE. The first plant is expected to start operating in 2017. The other three plants are scheduled to be completed and operational by 2020.
The US$20billion contract also calls for extensive training, human resource development and education programs as the UAE builds the capacity to staff a thriving nuclear energy industry.