Emirates Nuclear Energy Corporation (ENEC) has awarded nuclear-service contracts valued at $3bn to six foreign companies.
Under the ENEC fuel supply programme, US-based ConverDyn will provide conversion services; Canada’s Uranium One will provide natural uranium; and URENCO, headquartered in the UK, will provide enrichment services for nuclear plants at Barakah, which is under construction in the UAE.
Mining giant Rio Tinto will provide natural uranium; Russia’s TENEX will supply uranium concentrates, conversion services and enrichment services; and France-based AREVA will provide uranium concentrates, conversion services and enrichment services for future plants starting in 2014/15.
The companies won the contracts after entering a nuclear fuel procurement competition, which was launched by ENEC in July 2011.
The contracted fuel will enable the Barakah plant to generate up to 450m MWh for a period of 15 years starting in 2017, when the first nuclear energy unit is scheduled to begin operations.
Mohamed Al Hammadi, ENEC chief executive officer, said: "The completion of the fuel supply strategy is a key achievement to ENEC’s program and a clear example of how the UAE continues to set the gold standard for implementing a peaceful nuclear energy programme."
Image: The UAE will build four nuclear plants at Barakah. Photo: courtesy of Stefan Kühn