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U.A.E. Completes First of Four Korean-Built Nuclear Reactors [Bloomberg Business News]

Korea Electric Power Corporation (KEP) 
The United Arab Emirates, with help from Korea Electric Power Corp. , finished building the Arab world’s first commercial nuclear reactor, a milestone in the oil-rich U.A.E.’s effort to curb its reliance on fossil fuels and develop cleaner sources of energy. Unit 1 of the Barakah complex plans to begin loading fuel in May, South Korea’s energy ministry said in an emailed statement. South Korean President Moon Jae-in attended a ceremony on Monday to celebrate the facility’s completion, the U.A.E.’s official WAM news agency reported. It wasn’t clear when Unit 1 in Abu Dhabi, capital and largest emirate of the U.A.E., will begin generating power. The Federal Authority for Nuclear Regulation will issue an operating license for Barakah Units 1 and 2 “when the operator meets all regulatory requirements,” Christer Viktorsson, the regulator’s director-general, said in an emailed response to a request for comment. Barakah Unit 1 is the first of four nuclear plants th Show less Read more
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