The Emirates Nuclear Energy Company (ENEC) has partnered with Hyundai Engineering and Construction to explore civil nuclear opportunities beyond the UAE.
The signed memorandum of understanding (MoU) reflects the UAE’s recalibration strategy from domestic commissioning toward global deployment.
This note explores the ENEC-Hyundai MoU, including:
- Civilian nuclear expansion targeting emerging markets
- Financing models leveraging UAE and Korean sovereign institutions
- UAE’s ambitions for a second nuclear plant
- Abu Dhabi’s strategic integration beyond reactors
