EGA Head Discusses Zero-Carbon Energy With Emirates Nuclear Energy Corporation

EGA Head Discusses Zero-Carbon Energy With Emirates Nuclear Energy Corporation

Emirates Global Aluminium PJSC (EGA) hosted the head of the Emirates Nuclear Energy Corporation (ENEC) at its aluminium plant at Al Taweelah in Abu Dhabi.

EGA’s chief executive officer Abdulnasser Bin Kalban received ENEC managing director and CEO Mohamed Ibrahim Al Hammadi at the plant to discuss clean energy and its future in UAE. ENEC operates the country’s biggest source of zero-carbon energy in the country already with two of its four 1,400 MW units online.

EGA is already committed to buy energy from ENEC as it weans itself from gas-fired power plants. Ultimately EGA will become the largest single buyer on ENEC’s grid.

Al Hammadi said in a press release that EGA is a vital partner in the UAE’s quest for zero-carbon power.

“The Barakah Nuclear Energy Plant provides a significant amount of EWEC’s clean electricity and will continue to deliver the majority of its emissions-free energy for decades. As the only source of carbon-free power that generates baseload, 24/7 electricity in the UAE, nuclear energy has a central role to play in securing the decarbonization of the UAE’s power sector. Key industrial players like EGA who are looking to decarbonize their operations are already benefitting greatly from the reliable and clean electricity produced at the Barakah Plant.”

Bin Kalban said that it will continue to work toward the goal of decarbonization.

“The UAE’s ambitious energy transition provides the largest single opportunity for decarbonisation at EGA. Alongside solar, nuclear power will be a major part of EGA’s energy mix over the decades ahead, enabling us to provide the low-carbon aluminium the world needs to make modern life possible.”

Based in Abu Dhabi, United Arab Emirates, Emirates Global Aluminium is an aluminium conglomerate created by the merger between Dubai Aluminium (DUBAL) and Emirates Aluminium (EMAL) in 2013. EGA had an estimated enterprise value of US$15 billion at the time the merger took place. The firm is owned equally by Mubadala Development Company of Abu Dhabi and Investment Corporation of Dubai. Emirates Global Aluminium holds interests in bauxite/alumina and primary aluminium smelting.