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Jordan knocks back Russia’s $10 billion nuclear power plant , but contemplates”small floating reactor”

Jordan turns down a Rosatom plant, but dangles possible small reactor collaboration with Russia  In a blow to the international business interests of Russia’s state nuclear corporation Rosatom, Jordan has scrapped a plan to build a $10 billion nuclear power plant with Moscow’s help. Bellona,   by Charles Digges

In a blow to the international business interests of Russia’s state nuclear corporation Rosatom, Jordan has scrapped a plan to build a $10 billion nuclear power plant with Moscow’s help.

Jordan’s Atomic Energy Commission, the JAEC, said on Monday that the project, after three years of study and consideration, had collapsed over disagreements on how to finance the the build, which would have included two nuclear reactors built by Rosatom.

But canceling the larger plant, said the JAEC, doesn’t mean Jordan won’t be working with Russia on any nuclear projects at all. According to the commission, it’s possible that Rosatom would furnish the Mediterranean nation with small modular reactors instead.

On Monday, the commission said in a statement that the larger project was off because the commercial loans Rosatom wanted Joran to secure to finance construction would drive up the cost of the electricity the plant would eventually produce.
………Without specifically mentioning the cancellation of the larger plant, Rosatom said in a statement on May 27 that it and JAEC had decided to “intensify and step up” cooperation on small modular reactors and form a joint feasibility study for such a project based on Russian designs.

Yet what these reactors might consist of remains somewhat mysterious. Russia has signed agreements with other countries for work on small-scale reactors, most recently Sudan, to which it vaguely promised to build a floating nuclear power plant.

…… Rosatom repeatedly said that foreign customers would flock to Moscow to order floating nuclear power plants of its own.

Those orders have yet to materialize, but that hasn’t stopped Rosatom from repeating the mantra that floating plants will be a prime offering to its foreign customers. Whether an offer to build Jordan a floating plant will come to pass remains unknown. But increasingly, the notion of floating plants seems synonymous with Rosatom’s small reactor development schemes. http://bellona.org/news/nuclear-issues/2018-06-jordan-turns-down-a-rosatom-plant-but-dangles-possible-small-reactor-collaboration-with-russia

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June 15, 2018 - Posted by | Jordan, marketing, Russia

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