SEARCH IN BRIEF

 
KEPCO in talks with UAE over four new nuclear power plants at $20bn cost

The construction date of four nuclear power plants in the UAE has been brought forward four months to 1 July and talks are being held regarding the creation of four additional plants reports suggest.

Korea Electric Power Corporation (KEPCO) is said to be holding exclusive talks with the UAE about the construction of these four additional plants with provisional completion dates set for 2021. The completion date for the first four plants is set for 2017-2020 with an estimated cost of construction, commissioning and fuel loads at $20bn.

International news source Reuters has quoted President and Chief Executive of KEPCO, Kim Joong-kyum as stating: “As far as I know, the UAE has not held talks with other countries. Our efficiency will increase as we build the first four. We will achieve cost competitiveness if the same type of reactor is chosen.

"We can shorten construction time, meaning earlier returns on investment. KEPCO has also been in talks with India, Kazakhstan, South Africa, Turkey and Vietnam over possible reactor exports, although any deals are unlikely to be signed this year.”

IN BRIEF
Tuesday 03 April 2012
Rising star gone too soon - Randall Stout dies at 56
Fri 25 Jul 2014
Maggie's Cultural Crawl tickets now available
Fri 25 Jul 2014
Post Tower wins CTBUH 10 Year Award
Fri 25 Jul 2014
Two winners announced for Archifest Pavilion
Thu 24 Jul 2014
Jane Duncan selected as next President of the Royal Institute of British Architects
Thu 24 Jul 2014
Longo Park Design Workshop's Jay Longo and Jennifer Park to join Forum Studio
Wed 23 Jul 2014
Three experts in sports design relocate from HKS Sports (Dallas) to Gensler
Wed 23 Jul 2014
"Are transport destinations the next typology?"
Tue 22 Jul 2014