Oh Goody – America is going to sell heaps of Holtec’s Small Nuclear Reactors to Ukraine!

“This cooperation agreement will lead to economic development, creation of jobs, establishment of modern manufacturing facilities, training facilities, R&D, and thus help Ukraine emerge as the regional hub for Holtec’s nuclear reactor technology…….”

Mass deployment of Holtec SMRs in Ukraine is part of accord’s aims

WNN 24 April 2023, Up to 20 Holtec SMR-160 plants will be built in Ukraine under a cooperation agreement signed between Holtec International and Ukrainian national nuclear operator Energoatom. The agreement calls for the first plant to begin supplying power by March 2029.

The agreement was signed on 21 April by Energoatom President Petro Kotin in Kiev and Holtec CEO Kris Singh in Camden, New Jersey, USA. The ceremony was also attended by Ukraine’s Minister of Energy Herman Galushchenko and the vice president of Holtec International operations in Ukraine Riaz Avan……………………………………………..

“This cooperation agreement will lead to economic development, creation of jobs, establishment of modern manufacturing facilities, training facilities, R&D, and thus help Ukraine emerge as the regional hub for Holtec’s nuclear reactor technology…….”

………………………………………………………… In June 2019, Holtec, Energoatom and Ukraine’s State Scientific and Technology Centre formally entered into a partnership to advance the SMR-160 for deployment in Ukraine. The partners ratified the creation of a consortium partnership that bound the three companies into a cooperative undertaking to progress the deployment of the SMR-160 small modular reactor in the country. The consortium is a US company registered in Delaware with each of the three parties owning allotted shares. Its technology operation centre will be based in Kiev, Ukraine.  https://www.world-nuclear-news.org/Articles/Accord-sees-mass-deployment-of-Holtec-SMRs-in-Ukra

April 25, 2023 - Posted by Christina Macpherson | marketing, Ukraine