ENEC moves forward with UAE's first nuclear energy plant
The Emirates Nuclear Energy Corporation (ENEC) has made further progress in the development of the country’s first nuclear energy plant, with the successful installation of its Unit 3 Reactor Vessel (RV) at Barakah.
The installation is a critical step in the continued progress and delivery of the country’s third nuclear energy unit - the RV is one of the most important features and largest components in a nuclear energy plant.
Weighing over 400 tonnes and measuring almost 15 metres in height, the RV will eventually contain the controlled nuclear reaction that will generate the nuclear energy that will feed into the UAE grid. It is also one of the many defense-in-depth barriers that ensures the safety of nuclear energy plants.
The installation was celebrated at an event held at the Barakah Plant hosted by ENEC’s CEO, Mohamed Al Hammadii. He said: “The safe and successful installation of ENEC’s third reactor vessel is the culmination of many years of hard work and dedication. All teams involved have worked to the highest standards of safety and quality and I would like to personally thank the KEPCO and Doosan teams for their commitment to the Barakah project’s development. ENEC is committed to delivering a world-class nuclear energy program and as we move from construction through to operations we continue to improve, particularly in the overall project management.
"The phased approach to completing each unit with a substantial amount of time between each one, means each unit’s development adopts the efficiencies learned from the previous one. Safe, clean and reliable nuclear energy has an important role to play in the future of our nation. The peaceful nuclear energy programme is instrumental and will bring many benefits, from the creation of high-value job opportunities to the emergence of a new sophisticated industrial sector to support operations in Barakah."
When the four reactors are completed, the UAE’s nuclear energy program will provide approximately 25 percent of its electricity needs.
Read the July 2016 issue of Business Review Middle East magazine
5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly
Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.
Here, Business Chief talks to Janthana about her leadership style and skills.
What do you do, in a nutshell?
I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.
How would you describe your leadership style?
I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.
What’s the best leadership advice you’ve received?
Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.
How do you see leadership changing in a COVID world?
I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.
They say ‘from every crisis comes opportunity’, what opportunities do you see?
The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless.
What advice would you give to your younger self just starting out in the industry?
Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.