South Korea, Kenya to cooperate on nuclear energy

PUBLISHED: Fri, 02 Sep 2016 10:03:02 GMT
Share

State-run utility Korea Electric Power Corp (KEPCO) on Friday agreed a deal on developing nuclear energy in Kenya, as the African nation looks to broaden its sources of electricity.

The company and the Kenya Nuclear Electricity Board (KNEB) signed a memorandum of understanding to cooperate on the construction of nuclear projects and sharing expertise, South Korea’s energy ministry said in a statement.

East Africa’s largest economy aims to add nuclear power with a total capacity of 4,000 megawatts by 2033, the ministry said.

Blackouts are common in Kenya, partly because of an ageing energy network and insufficient generation capacity. Many businesses in Nairobi and other big towns operate back-up generators.  

South Korea, the world’s fifth-biggest user of nuclear power, has developed its own nuclear industry, constructing and operating its reactors through KEPCO.

A KEPCO-led consortium in 2009 won a contract to build four nuclear reactors in the United Arab Emirates, which are under construction.

Sign Up for Our Newsletter Daily Update

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.

(Reporting by Jane Chung; Editing by Joseph Radford)