We are talking about the decision "The OAE Fund for Atomic Energy" to change its identity to "OAE Atomic Energy Company", reinforcing the commitment to establishing a leading global company in the field of atomic energy. This important step was announced at an event dedicated to the launch of the new brand and underlines the company's commitment to the realization of plans for the full utilization of atomic energy and leadership in ensuring the safety of clean energy.
The company continues on the path as a new investor and developer of clean electricity at the global level, focusing on investments in new atomic energy technologies and strategic partnerships in the field of clean energy.
The new brand embodies a consolidated and simplified brand "OAE Atomic Energy", corresponding to its mission to contribute to the reduction of carbon footprints worldwide and the goal of establishing a leading global company in the field of atomic energy.
According to Mohamad al-Hamadi, the implementing director of "OAE Atomic Energy", the atomic energy station in Barakah produces 40 terawatt-hours of electricity annually, which constitutes 25% of OAE's electricity consumption. This is a significant contribution to the energy portfolio of the country and an important step in reducing the carbon footprint.
He added that the new identity represents a new stage in the company’s development and reflects its future ambitions in accelerating the development of atomic energy and related technologies, both within the country and at the global level. The company aims to be a model for countries striving for atomic energy as a clean, safe, and reliable source of baseline energy, especially in light of international efforts to reduce carbon footprints and achieve climate neutrality by 2050.
The new identity of "OAE Atomic Energy" emerges in a period when the world devotes greater attention to atomic energy, especially in light of the growing global demand for energy by 2050. Countries and banks, focused on their commitment to atomic energy as a safe renewable energy source, confirm their intention to increase the global production capacity of atomic energy by 2050.
The company "OAE Atomic Energy" is ready to support this global wave of growth, continuing to leverage its capabilities for establishing a regional center and chains of atomic energy supply in OAE.
