Nuclear Energy

The deal supports nuclear innovation, UAE-Korea strategic partnership, and global clean energy transition

The partnership aligns with ENEC’s international strategy to export nuclear development expertise gained from the Barakah Nuclear Energy Plant in the UAE

To bridge the funding gap, the commission urges a blended financing model that leverages both public and private capital, coupled with risk-mitigation mechanisms to improve investor confidence

ENEC and newcleo aim to provide a model for cooperation between public and private nuclear energy companies