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UAE Nuclear Power Sector Opportunity Analysis

06-29-2017 06:04 AM CET | Energy & Environment

Press release from: Kuick Resarch

As UAE is embarking upon clean energy sources for power generation – a major shift from its predominantly natural gas based power sector, nuclear power is slated to form one of the building blocks of the new energy policy. The new energy policy of focusing on nuclear and renewable energy sources is intended to address the issues of threatened energy security and rising environmental concerns due to 100% dependence on fossil fuels for power generation. Setting up nuclear and renewable energy based power plants is the part of new energy policy adopted by the UAE government.

UAE decisive steps for starting nuclear energy programme, as the first country in the GCC region marks a transition in the energy sector as well as the whole economy. This transition is likely to lead the way of sustainable growth and likely to surge economic growth manifold. The plan for embarking on nuclear energy for power generation was discussed in more than 5 petroleum rich countries in the GCC region but the UAE has come as the pioneer in it and going fast to start electricity generation from the first nuclear power generation unit in 2017. As of now, four nuclear power plants with capacity 1400 MW each are being constructed and expected to be operational between 2017 and 2020. In 2012, UAE started the construction of Unit 1 of its first nuclear power plants becoming the first country in 27 years to start a new nuclear reactor.

Download Report:

https://www.kuickresearch.com/report-UAE-Nuclear-Power-Sector-Opportunity-Analysis.php

The approach taken by the UAE to build its first nuclear power plants is based on international best practices, along with the most advanced infrastructure available with necessary modifications to adapt to the conditions in the UAE. The reasons for its smooth and fast progress in planning and construction of the first nuclear power plants in the UAE lie in its strong government commitment, well-organized regulatory bodies including the legal framework and nodal agency to develop, operate and maintain the plants, choosing the right and experiences contractor, international cooperation and efficient management of the national stakeholders.

“UAE Nuclear Power Sector Opportunity Analysis” report also highlights how the UAE has been successful to offset its lack of technology or expertise in nuclear sector by signing bilateral agreement with several countries and partnering with various international institutions. It is to be noted that the UAE has signed total 27 bilateral agreements for cooperation in planning, setting regulatory framework, in setting safety standards and supply of materials of various kind. The nuclear energy programme strictly adheres to the safety requirements set by the IAEA or other renowned institutions. The progress in nuclear energy programme is being closely monitored and consulted with the IAEA in every step to ensure 100% safety. In order to manage and regulate the entire process, the institutions like Federal Agency of Nuclear Regulations (FANR) and Emirates Nuclear Energy Corporation (ENEC) have been established. Another striking feature of the policy is extensively promoting the educational course curriculums in some top ranked educational institutions in various levels.

“UAE Nuclear Power Sector Opportunity Analysis” Report Highlight:

* UAE Energy Policy beyond Oil & Gas
* UAE Nuclear Power Sector Overview
* UAE Nuclear Power Sector Dynamics
* Nuclear Power Sector Management & Regulatory Framework
* Nuclear Power Sector Regulations
* Details of Nuclear Power Plants in UAE
* UAE Nuclear Power Sector Future Outlook

For Report Sample Contact: neeraj@kuickresearch.com or

visit: https://www.kuickresearch.com

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Kuick Research is a market research and analytics company that provides targeted information for critical decisions at business, product and service levels. We are quick, predictive and known by the recommendations we have made in the past. Our result-oriented research methodology offers understanding of multiple issues in a short period of time and gives us the capability to keep you full with loads of practical ideas. By translating research answers into strategic insight and direction, we not only rate the success potential of your products and/or services, but also help you identify the opportunities for growth in new demographies and find ways to beat competition.

Neeraj Chawla
neeraj@kuickresearch.com
KuicK Research
Avanta Business Center 4th Floor,
Statesman House Barakhamba Road,
Connaught Place New Delhi – 110 001, India
+91-11-47067990

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