United Arab Emirates is set to join the list of countries utilizing nuclear energy as a power source.
ProLeads has issued an ongoing feasibility study, Abu Dhabi Nuclear Programme, on the construction of an estimated $4 billion nuclear reactor of the latest design that is targeted to be built in less than a decade.
UAE's growing demand for thousands of additional megawatts to supply its growing population and ambitious projects brought about the move for the proposed nuclear power plant. This is also a part of the country's ideas for an oil-free economy as UAE's oil is predicted to last 90 more years.
According to reports, the project is expected to be commissioned in December 2013.
A Move for an Oil-Free Economy
Abu Dhabi Nuclear Programme
Trend Themes
1. Nuclear Energy - There are opportunities for disruptive innovation in the development of more efficient and sustainable nuclear power technologies.
2. Renewable Energy - The move towards an oil-free economy in Abu Dhabi highlights the potential for disruptive innovation in the renewable energy industry.
3. Energy Infrastructure - As Abu Dhabi plans to construct a new nuclear power plant, there are opportunities for disruptive innovation in energy infrastructure development and management.
Industry Implications
1. Nuclear Energy - The development of a nuclear reactor in Abu Dhabi presents opportunities for disruption in the nuclear energy industry, including advancements in reactor design and safety measures.
2. Renewable Energy - The push for an oil-free economy in Abu Dhabi creates opportunities for disruption in the renewable energy industry, such as the development of innovative solar and wind power technologies.
3. Construction - The construction of a new nuclear power plant in Abu Dhabi opens up opportunities for disruption in the construction industry, such as the development of specialized infrastructure and building techniques for nuclear facilities.