UAE, South Korea sign a raft of MoUs on green + nuclear energy: The UAE and South Korea have signed 19 cooperation agreements and MoUs including agreements on energy, nuclear power, and climate change during the presidential summit between President Sheikh Mohamed bin Zayed and his counterpart Yoon Suk Yeol, Korean news agency Yonhap reports.

What we know: The two heads of state also discussed enhancing cooperation in a myriad of fields of mutual interest including clean energy and nuclear energy during a meeting in Seoul and reaffirmed their commitment to invest USD 30 bn in South Korean businesses working in the two fields through Abu Dhabi’s sovereign wealth fund Mubadala, Wam reports.

Taking action on the nuclear energy front: The Emirates Nuclear Energy Corporation (Enec) signed an agreement with state-run Korea Electric Power Corporation (Kepco) to cooperate on building nuclear reactors in an unnamed third state, Yonhap reports. They also agreed to cooperate on potential “follow-up unit projects,” according to a joint statement.

REMEMBER- South Korea’s Kepco was awarded the contract to construct the four nuclear reactors in Abu Dhabi’s Barakah nuclear power plant in 2009, which connected its fourth reactor to the grid in March. The government is reportedly mulling a second nuclear power plant as it looks to double nuclear reactors and meet energy demands, Reuters reported recently, citing people familiar with the matter. Tenders for four reactors at the potential plant — which would be the second nuclear facility in the country after the Barakah nuclear plant — could be issued “within the next few months,” with tenders awarded sometime this year, Reuters’ sources say.

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