Emirates Nuclear Energy Corporation

Top Tier Impact Investment Panel & Dinner: Accelerating the Energy Transition and Decarbonisation during COP28

Retrieved on: 
Tuesday, December 19, 2023

The evening commenced with a welcome by İlkay Demirdag , TTI Head of Global Events, followed by insightful opening remarks by Alessa Berg , Founder and CEO of Top Tier Impact.

Key Points: 
  • The evening commenced with a welcome by İlkay Demirdag , TTI Head of Global Events, followed by insightful opening remarks by Alessa Berg , Founder and CEO of Top Tier Impact.
  • The keynote presentations from David Scott ( Emirates Nuclear Energy Corporation) and Sweta Chakraborty, PhD ( We Don't Have Time , North America CEO) set a thoughtful tone for the discussions ahead in the energy space.
  • The heart of the event unfolded through two substantive panel discussions:
    "Accelerating the Energy Transition" - Moderated by Alessa Berg, this panel delved into the pioneering efforts of Tarkan Ozballar, EnerGreen CEO, in utilizing blockchain for renewable energy investment.
  • Top Tier Impact (TTI) was founded in 2019 by Alessa Berg to create more synergies in the climate and ESG space.

Terrestrial Energy and ENEC Sign MOU to Collaborate and Cooperate on IMSR Plant Development and Deployment

Retrieved on: 
Tuesday, December 12, 2023

Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC and Simon Irish, Chief Executive Officer of Terrestrial Energy.

Key Points: 
  • Mohamed Al Hammadi, Managing Director and Chief Executive Officer of ENEC and Simon Irish, Chief Executive Officer of Terrestrial Energy.
  • Terrestrial Energy is a leading technology company, and developer of a nuclear plant capable of suppling both high-temperature heat and electricity.
  • ENEC and Terrestrial Energy will collaborate to focus on the potential of IMSR plant for electricity generation and for large-scale industrial heat applications.
  • The parties will also consider frameworks for development and deployment of the IMSR plant in target industrial applications in the UAE and other markets.

UAE Pavilion Featured Events Underscore Cop28 Commitment to Multilevel Action, Focusing on Urbanization and Sustainable Built Environment/transport Initiatives

Retrieved on: 
Thursday, December 7, 2023

Dubai, UAE – 7 December 2023: During a series of high-level events hosted by the UAE Pavilion at COP28 on 6 December 2023, conversations focused on accelerating ambition and action on urbanization and sustainable built environment and transport initiatives to transform urban spaces and take progressive steps towards smart and sustainable transport systems that will help achieve Net Zero goals.

Key Points: 
  • Dubai, UAE – 7 December 2023: During a series of high-level events hosted by the UAE Pavilion at COP28 on 6 December 2023, conversations focused on accelerating ambition and action on urbanization and sustainable built environment and transport initiatives to transform urban spaces and take progressive steps towards smart and sustainable transport systems that will help achieve Net Zero goals.
  • The project supports the objectives of the UAE Net Zero by 2050 strategic initiative, drives the circular economy and will reduce the carbon footprint of the transport sector.
  • This strategy intends to reduce the environmental impact by the equivalent of 2.1million vehicles per year and operational costs by AED3.3 billion by 2050.
  • For more information about the pavilion and the schedule of events taking place, please visit the UAE Ministry of Climate Change and Environment Website , and the COP28 Website

Westinghouse and ENEC Sign Agreement to Explore eVinci™ Microreactor Deployment

Retrieved on: 
Tuesday, December 5, 2023

Westinghouse Electric Company today announced the signing of a Memorandum of Understanding (MoU) with Emirates Nuclear Energy Corporation (ENEC) to explore deployment of the eVinci™ microreactor in the UAE.

Key Points: 
  • Westinghouse Electric Company today announced the signing of a Memorandum of Understanding (MoU) with Emirates Nuclear Energy Corporation (ENEC) to explore deployment of the eVinci™ microreactor in the UAE.
  • (Photo: Business Wire)
    The MoU will facilitate joint exploration of technical and commercial deployment in the Emirates and overseas.
  • Last week, the Saskatchewan Research Council announced a funding award to begin development of the first eVinci microreactor in Canada.
  • Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle.

ENEC signs Memorandum of Understanding with UK's MoltexFLEX

Retrieved on: 
Monday, December 11, 2023

DUBAI, UAE, Dec. 11, 2023 /PRNewswire/ -- Emirates Nuclear Energy Corporation ( ENEC ) has signed a Memorandum of Understanding (MoU) with British advanced nuclear technology developer MoltexFLEX in a significant step towards bringing the FLEX reactor to market.

Key Points: 
  • DUBAI, UAE, Dec. 11, 2023 /PRNewswire/ -- Emirates Nuclear Energy Corporation ( ENEC ) has signed a Memorandum of Understanding (MoU) with British advanced nuclear technology developer MoltexFLEX in a significant step towards bringing the FLEX reactor to market.
  • "The UK's Department for Business and Trade team here in the UAE is delighted to be working in close collaboration with MoltexFLEX.
  • "We are excited to be part of the growing collaboration between the UK and UAE, and MoltexFLEX is looking forward to working more closely with ENEC."
  • The companies will jointly examine the commercial viability of deploying MoltexFLEX's innovative 60MWth/24MWe FLEX molten salt reactor in the UAE.

Uranium Royalty Corp. Endorses Net-Zero Nuclear Industry Pledge at COP 28

Retrieved on: 
Thursday, December 7, 2023

The panel was part of the United Nations Conference on Climate Change in Dubai, United Arab Emirates and hosted by the World Nuclear Association and Emirates Nuclear Energy Corporation.

Key Points: 
  • The panel was part of the United Nations Conference on Climate Change in Dubai, United Arab Emirates and hosted by the World Nuclear Association and Emirates Nuclear Energy Corporation.
  • While at COP 28, URC demonstrated its support to the Net Zero Nuclear Industry Pledge, as one of 120 industry signatories.
  • The Net Zero Nuclear Industry Pledge, launched at COP 28 on December 5, 2023, commits to industry support for a tripling of global nuclear capacity by 2050.
  • This growing demand for clean energy has reinforced nuclear power as an indispensable solution in global efforts to curb climate change."

Lightbridge Announces Upcoming Industry Events and Media Interviews

Retrieved on: 
Friday, September 15, 2023

RESTON, Va., Sept. 15, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that Lightbridge President and CEO Seth Grae will participate in a series of upcoming industry and media events taking place next week on the sidelines of New York Climate Week and the United Nations General Assembly.

Key Points: 
  • RESTON, Va., Sept. 15, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that Lightbridge President and CEO Seth Grae will participate in a series of upcoming industry and media events taking place next week on the sidelines of New York Climate Week and the United Nations General Assembly.
  • The Atlantic Council – in partnership with the Emirates Nuclear Energy Corporation – is hosting the Nuclear Energy Policy Summit 2023: Accelerating Net Zero Nuclear.
  • This session will be accessible via a livestream from the Atlantic Council’s Twitter handle @ACGlobalEnergy .
  • Bloomberg Markets live from New York is focused on bringing the most important global business and breaking markets news and information as it happens.

Biden Administration Announces Global Public-Private Commitment Up to $275 Million to Advance NuScale VOYGRTM Deployment in Romania at G7 Leaders Summit

Retrieved on: 
Monday, May 22, 2023

On the margins of the G7 Leaders Summit in Hiroshima, Japan, the Biden Administration announced, along with multinational partners, intentions to provide up to $275 million to advance the deployment of a NuScale Power Corporation (NYSE: SMR) VOYGR™ small modular reactor (SMR) power plant in Romania.

Key Points: 
  • On the margins of the G7 Leaders Summit in Hiroshima, Japan, the Biden Administration announced, along with multinational partners, intentions to provide up to $275 million to advance the deployment of a NuScale Power Corporation (NYSE: SMR) VOYGR™ small modular reactor (SMR) power plant in Romania.
  • The Biden Administration’s announcement was a part of the G7 Leaders’ commitment to mobilize $600 billion in infrastructure investments under the Partnership for Global Infrastructure and Investment.
  • Earlier this month, NuScale and Nuclearelectrica opened the first international NuScale Energy Exploration Center (E2 Center) in Europe, in collaboration with the U.S. and Romanian governments.
  • The E2 Center’s opening highlights the rapidly growing global support for NuScale as a clean energy leader.

Xcel Energy elects new board member as long-time board member retires

Retrieved on: 
Wednesday, June 24, 2020

Xcel Energy has elected a new board member, effective immediately.

Key Points: 
  • Xcel Energy has elected a new board member, effective immediately.
  • He is also the chair and director of the Committee on Nuclear Power for the Emirates Nuclear Energy Corporation in the United Arab Emirates.
  • He also sits on the nuclear safety advisory board for the Tokyo Electric Power company.
  • Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states.

UAE Delegation Meets with Senior U.S. Government Officials in Washington, DC to Commemorate Ten-Year Anniversary of Peaceful Civilian Nuclear Energy Cooperation

Retrieved on: 
Wednesday, January 22, 2020

Their visit to the United States also coincided with the ten year anniversary of the signing of the U.S.-UAE Agreement for Peaceful Civilian Nuclear Energy Cooperation (also called a 123 Agreement).

Key Points: 
  • Their visit to the United States also coincided with the ten year anniversary of the signing of the U.S.-UAE Agreement for Peaceful Civilian Nuclear Energy Cooperation (also called a 123 Agreement).
  • Delegation members had the chance to meet with existing and prospective U.S. suppliers and stakeholders from the nuclear energy sector.
  • While in Washington, members of the UAE delegation also participated in roundtable events at the Atlantic Council, and the Nuclear Threat Initiative, meeting with experts to discuss the UAE Peaceful Nuclear Energy Program and the Barakah Nuclear Energy Plant.
  • Located in the Al Dhafra Region of Abu Dhabi Emirate, UAE, the Barakah Nuclear Energy Plant is the first constructed nuclear energy plant in the Arab World and is being developed by ENEC as the cornerstone of the UAE Peaceful Nuclear Energy Program.