At the UAE summit on the 15th, President Yoon Seok-yeol announced the “quick restoration of the carbon-free nuclear power system” and “strengthening energy security.”
The joint statement between the two leaders specified nuclear power as a “clean economy,” stating that “the two leaders are at the core of energy security and a key factor for the growth of a clean economy.”
The United States and the United Arab Emirates (UAE) are investing an initial $20 billion in a pre-agreed $100 billion clean energy partnership to finance 15 new gigawatt renewable energy projects by 2035, UAE state news agency WAM said on the 14th. revealed
WAM is led by a consortium of US private investors and Masdar, a renewable energy company founded by Jaber, UAE's Minister for Industry, Petroleum and Energy, and head of state-owned oil company Jaber, with $7 billion in private sector cash assets, US debt financing and other Reuters reported that it would raise funds by mobilizing Sudanese $13 billion.
Zambia's state-owned power utility Zesco has signed a deal with UAE renewable energy company Masdar to develop a $2 billion solar project, South African President Hakainde Hichilema said on Wednesday.
The agreement between the two companies "would constitute a joint venture to promote investment in renewable energy in Zambia," the two companies said in a public statement. "The project will begin immediately with the phased installation of 500 MW," Reuters reported.
"Once completed, the project will generate an additional 2,000 megawatts of electricity in the country in the next few years," Hicilema told Reuters.
Zambia is shifting renewable energy from hydropower, which accounts for more than 75% of the country's electricity generation, to solar power, rationing electricity supply after the water level of Lake Kariba has dropped significantly.
After Sheikh Mohammed visited the Barakah nuclear power plant built in the western desert of Abu Dhabi on the border with Saudi Arabia on the 15th, President Yoon cited the Barakah power plant as an example at the summit held in the capital and said, “UAE Aviation and Korea will build nuclear fuel, small reactors, and other third countries. We hope to expand this 'new cooperation model' to include joint development on
In a speech at the 'Abu Dhabi Sustainability Week' on the 16th, President Yoon said, "Korea ... has declared a goal of carbon neutrality by 2050." We are trying to do it,” he pointed out nuclear power as a carbon-free clean energy.
Maeil Business Newspaper announced President Yoon's speech, "We are rapidly restoring the ecosystem of nuclear power plants, which are carbon-free power sources, and expanding the supply of clean energy such as renewable energy and hydrogen."
The Associated Press said, “Chairman Yoon’s acceptance of nuclear power also provides a kind of guarantee that South Korea continues to invest in the maintenance of the Barakah plant.”
The Associated Press said, "President Yoon also visited the Korean special forces stationed in the UAE, an ambiguous arrangement stemming from Seoul's deal with nuclear power plants."
The joint statement released by the Office of the President as an 'unofficial translation' is <The two leaders signed a "comprehensive and strategic energy partnership" to strengthen cooperation in key energy fields, including oil and gas, strategic crude oil reserves, renewable energy, hydrogen and hydrogen by-products ( CSEP) agreed to establish (omitted).
The two leaders recognized the importance of nuclear power as the core of energy security and a key factor for the growth of a clean economy. Regarding the high level of cooperation that the two countries have achieved so far in this field, the two leaders deepened and accelerated cooperation in the field of peaceful nuclear energy through the successful completion of the Barakah nuclear power plant construction project and the joint promotion of additional nuclear power plant projects in the UAE or third countries. It was decided to do it.> The nuclear power plant was defined as a 'clean economy'.
<UAE United States and 100 billion dollars South Korea 300 billion British India simultaneous 'agreement', January 17, 2022. ‘Agreement’ to Connect India and UAE Renewable Energy Bilateral Free Trade Agreement ‘Approach’, see Jan. 16>
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