Wednesday webinar at one: Governance success factors for new build nuclear programmes

Wednesday 06 October 2021 | 13:00 - 13:40 | Special Interest Group Led, Webinar

This session has been organised by CFA UK's Energy Transition Special Interest Group

The Barakah nuclear energy plant, located in Abu Dhabi, United Arab Emirates, comprises four APR1400 units, and until recently, was once the largest nuclear plant under construction globally. Today, it is now the first operating nuclear plant in the Arab World, with Unit 1 supplying thousands of megawatts of emissions-free electricity to the UAE grid, a second unit preparing for grid connection, and two remaining units in the final stages of commissioning.

CFA UK welcomes you to join Nasser Al Nasseri as he shares his insights into his role as Chief Finance Officer at the Emirates Nuclear Energy Corporation (ENEC), and as CEO of ENEC’s financial and commercial JV subsidiary, Barakah One Company. He will highlight the importance of a strong governance framework coupled with disciplined stakeholder management in order to successfully deliver power to the UAE grid.

Where recordings are made, these are a member benefit that are accessed through the member-only platform, CFA UK Discover.

Timings

Registration: 12:55

Event: 13:00 - 13:40

CPD Points: 0.75

Speakers

Nasser Al Nasseri, Chief Executive Officer, Barakah One Company

Nasser Al Nasseri is the Chief Executive Officer of Barakah One Company, the United Arab Emirates-based joint venture subsidiary of the Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO).

As CEO of Barakah One Company, Al Nasseri oversees all commercial and financial aspects of the Barakah nuclear energy plant project. With Unit 1 of the plant operating commercially and generating up to clean electricity 24/7, Barakah One Company sells the electricity generated in accordance with the power purchase agreement, signed with Abu Dhabi’s utility company in 2016. 

Al Nasseri has led the establishment of Barakah’s project structure for excellence in financing, demonstrating efficiency and responsibility to stakeholders and delivering a cost- and performance-efficient program while not compromising on safety. He plays an important role in the governance structure of the UAE peaceful nuclear energy programme, implementing a robust project financing framework and demonstrating the commercial viability of nuclear energy plant projects globally.