ABU DHABI — The United Arab Emirates has selected a site for a
nuclear energy complex.
Officials said the UAE plans to construct a huge facility that would
house four nuclear energy reactors. They said the site has been selected and
would be announced over the next few weeks.
"We are studying a number of potential sites, but the first group will
be on one site," Fahd Al Qahtani, spokesman for the state-owned Emirates
Nuclear Energy Corp., said.
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Officials said the nuclear complex would be built along the Gulf, with
the first reactor expected for operation in 2017. South Korea's Korea
Electric Power Co. (Kepco) has been selected to build all four reactors in a project
valued at $20.4 billion. The state-owned Emirates Nuclear Energy, known as
Enec, would operate the facility.
"The value of the contract is the same as was announced in December," Al
Qahtani said along the sidelines of a nuclear conference in Abu Dhabi on
March 17.
In December 2009, Kepco was awarded what industry sources termed the
largest single nuclear contract. Under the contract, the South Korean firm
would complete all four nuclear reactors by 2020.
Officials said the UAE had examined 10 locations for the nuclear
complex. They said a site has been designated and would be announced by May
2010.
"Enec is doing everything it can to ensure accurate communication," Al
Qahtani said.