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UAE's ENEC launches strategic subsidiary

news agency wam , 16 Jan 2025 - 22:43

Emirates Nuclear Energy Company (ENEC) announced the establishment of ENEC Consulting as a consulting subsidiary.


According to Amac News: Based on the UAE media, the purpose of establishing this company is to support countries and organizations in the development of peaceful nuclear energy programs and related infrastructure.
"With increasing demand for clean electricity, driven by heavy industry and energy-intensive sectors, including data centers needed for artificial intelligence, the role of nuclear power is becoming clearer every day," said Mohamed El Hammadi, CEO and President of ENEC.
He added that due to the UAE's proven ability to decarbonize its power grid, the country is ready to help other countries and organizations achieve energy security and sustainability.
ENEC Consulting provides advisory services in the areas of project management, legal frameworks, financing models and workforce development, all designed to foster strong and sustainable nuclear energy ecosystems.
The launch of ENEC Consulting seeks to strengthen ENEC's relationship with the many emerging nuclear nations established as part of the UAE's support for the declaration of tripling of nuclear capacity launched at COP28 in 2023 and supported by 31 countries and 14 international banks.
Leveraging more than 15 years of experience gained from the successful implementation of the UAE's Peaceful Nuclear Energy Program and the Barakh Nuclear Power Plant, which began full operations in September 2024, ENEC Consulting will focus on supporting all phases of nuclear power plant development — from strategic consulting and project management to operational readiness and empowerment.


Story Code: 2598

News Link :
https://www.amacnews.com/en/news/2598/uae-s-enec-launches-strategic-subsidiary

AMAC
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