The Emirates Nuclear Energy Corporation (ENEC) has announced the formation of a new subsidiary called Nawah Energy Company to operate and maintain the UAE’s first nuclear reactors at Barakah.
The ENEC board of directors have mandated ENEC management to proceed with the formation of the operating company and to ensure the transfer and provision of all required resources to form the operating subsidiary, a statement said.
“The formation of Nawah as ENEC’s subsidiary operating company will bring greater focus towards the safe and quality delivery of Units 1-4 at Barakah,” the statement said.
It added that Nawah’s mission will be to “safely and reliably generate electricity from nuclear energy”, and aims to become a globally recognized nuclear utility in the safe operation of nuclear energy plants.
ENEC said last month that the project at Barakah is progressing steadily – Unit 1 is now more than 87 percent complete, Unit 2 is 68 percent complete, Unit 3 is 47 percent complete and Unit 4 is 29 percent complete.
Overall, construction of Units 1 to 4 is now more than 62 percent complete. Pending regulatory approval, the four units in Barakah are scheduled to be delivered by 2020, providing nuclear energy to the UAE grid.
When the four reactors are completed, the UAE’s peaceful nuclear energy programme will provide approximately 25 percent of the UAE’s electricity needs and save up to 12 million tons of greenhouse gas emissions each year.
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