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The International Energy Agency’s (IEA’s) latest country report on Turkey and energy policy review notes that Turkey has seen considerable diversification of its energy sector since the previous review in 2016. “Turkey has made significant progress on liberalising energy markets in the last decade, successfully improving predictability and transparency in pricing. However, additional reforms toward establishing more competitive gas and electricity markets will help mobilise needed investments into these sectors,” says IEA Executive Director Dr Fatih Birol in his foreword to the 191-page report.

Date: Tuesday, 16 March 2021
Original article: neimagazine.com/news/newsiea-assesses-turkeys-energy-sector-8601270

South Korea and Saudi Arabia signed a memorandum of understanding (MOU) on comprehensive cooperation in nuclear research and development on the sidelines of the IAEA General Conference in Vienna on 17 September. They agreed to collaborate on the commercialisation of Korea’s SMART small modular reactor and to work together to licence and construct the first SMART unit in Saudi Arabia.

Date: Wednesday, 25 September 2019
Original article: neimagazine.com/news/newssouth-korea-and-saudi-arabia-to-co-operate-on-smart-smr-7421502