ArabianBusiness.com - Middle East Business News
Thursday, 08 January 2009 04:02 UAE time

YOUR DIRECTORY /

Print this page Print this page | Email this to a friend Email this to a friend | Discuss this article (0 Comments) |

Energy minister says nuclear option vital for future

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Tuesday, 11 November 2008
NUCLEAR PLAN: The UAE is looking to develop nuclear power to meet surging demand. (Getty Images)

The UAE has reaffirmed its plan to develop nuclear energy to help meet power demand surging at 9 percent a year.

A nuclear energy programme will be set up as electricity demand is expected to jump to 40,000 megawatts by 2020, powered by the UAE's economic boom, Energy Minister Mohammed al-Hamli told a conference on nuclear energy in Qatar's capital Doha.

The UAE, the world's fifth-largest oil exporter, has signed deals with the United Sates and Britain this year for cooperation in the peaceful use of nuclear energy.

Story continues below
advertisement

Hamli reiterated UAE's plans to establish a body to run the programme and an independent nuclear regulator.

In October, the UAE awarded US-based engineering company CH2M Hill a 10-year contract to manage its civilian nuclear power programme.

The United States is at loggerheads with Iran, just across the Gulf from the UAE, over its nuclear programme and fears that Tehran is trying to build a nuclear bomb. Iran insists its nuclear programme is for peaceful power generation. (Reuters)

Print Print | Email Email | Discuss this article |


READERS' COMMENTS


Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments
Security Code * Code


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

RELATED LINKS

  1. Ministry of Energy»

 EMAIL ALERTS

  1. Ministry of Energy

  2. Energy



Rich List 2008
EMIRATES ID DOWNLOAD

READER COMMENTS

Read all user comments >

BUSINESS FEATURES

Qatar steps on the gas

The small Gulf state is hoping that its natural gas reserves will cushion it from the worst of the fallout.

Brain drain

The petrochemicals sector is losing skilled project managers due to outdated corporate structures.

Iran in focus

Hampered by US sanctions, Iran has its work cut out bringing petrochemical projects online.

BUSINESS INTERVIEWS

Burning ambition

Shell's Mounir Bouaziz reveals exclusively the details of the company's deal in Southern Iraq.

Global crisis sends ripples to oil price

Is the commodities supercycle over or will demand rise next year even in the face of the financial crisis.

The house that 'Charlene' built

The CEO of one of GE’s largest units says there’s no better time to sell productivity than in a recession.

MORE FROM ARABIANBUSINESS.COM