nuclear-news

Russia’s Rosatom turning to wind power, as its nuclear export industry falters

Rosatom stakes out wind power to gird against blustery nuclear futures, Russia’s state nuclear corporation unveiled plans this week to build up to 600 megawatts of wind energy in the Krasnodar region in southern Russia in what appears to be part of the company’s tentative diversification within renewable energy.  Bellona,  February 23, 2018 by Charles Digges  

 “…….. the new wind farm and several battery production ventures the company is pursuing come as an evident bow to declining global demand for the nuclear power plant builds on which until recently the company had staked its future growth.

The new wind plant will be built by VetroOGK, a subsidiary of Rosatom,  and will comprise a 150 megawatt park in the Shovgenovsky and Giaginsky districts of the southerly Republic of Adygea using equipment supplied by Dutch wind turbine maker Lagerwey, according to a Rosatom release. It expects to obtain construction permits for the project in March or April, while commissioning is scheduled for December 2018 or January 2019.

The VetroOGK had likewise inked a letter of intention to install another 200 megawatts of wind power in the Krasnodar Region at a wind park the company says it will open by the end of 2018. For the two parks Rosatom has invested $364 million, though its release also anticipates further funding for a 300 megawatt wind park in the Rostov Region, though the start date for that project remains unclear.

Though it would be a stretch to suggest that the wind projects could financially buoy the consolidated bulk of Russia’s monolithic nuclear monopoly, they nonetheless acknowledge sour facts about the company’s prospects for building its AES-2006, or VVER-1200, reactor package on the foreign market.

Speaking last summer at Novosibirsk’s Tekhnoprom-2017 technical trade conference, the company’s deputy director, Vyacheslav Pershukov said Rosatom’s international nuclear market was “exhausted” – the starkest acknowledgment yet from the company that its marquee product was selling poorly. …….

Speaking last summer at Novosibirsk’s Tekhnoprom-2017 technical trade conference, the company’s deputy director, Vyacheslav Pershukov said Rosatom’s international nuclear market was “exhausted” – the starkest acknowledgment yet from the company that its marquee product was selling poorly. ……http://bellona.org/news/nuclear-issues/2018-02-rosatom-stakes-out-wind-power-to-gird-against-blustery-nuclear-futures

February 24, 2018 - Posted by Christina Macpherson | business and costs, renewable, Russia