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Russia’s nuclear company Rosatom on a drive to sell nuclear technology overseas

Russia’s Rosatom Sees Foreign Revenues, New Products Fuelling Rapid Growth, The state nuclear company aims to triple its revenues through new projects.   Moscow Times, 24 June 19, Russian state nuclear company Rosatom aims to triple its revenues in U.S. dollar terms by 2030, driven by foreign projects from Belarus to Bangladesh and new product areas such as carbon fibre, its chief executive told Reuters.

Rosatom is the world’s only integrated nuclear firm, providing a one stop shop from uranium enrichment to handling nuclear waste, after its two biggest rivals Areva and Westinghouse hit financial troubles.

Alexey Likhachyov, 58, has led Rosatom since 2016, with goals to increase competitiveness, add new markets and products, and boost its share of global nuclear technology exports.

By 2030, he expects up to 70 percent of Rosatom’s revenue to come from outside Russia and up to 40 percent from new products, including non-nuclear ones.

“The first step is to implement our entire order book portfolio — this is around $190 billion overall, of which $133 billion is for this decade. Out of these, around $90 billion are (started) plants abroad. This is 12 countries,” he said.

Rosatom is the world’s biggest nuclear company by foreign orders, with a total of 36 nuclear blocks on order outside Russia, including in Belarus, Bangladesh, China, India, Turkey, Finland, Hungary and Egypt. …….. https://www.themoscowtimes.com/2019/06/24/russias-rosatom-sees-foreign-revenues-new-products-fuelling-rapid-growth-a66135

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June 25, 2019 Posted by | marketing, Russia | Leave a comment

China wants to sell nuclear technology to Argentina – but big problems plague the industry

 Once again, the media here mindlessly regurgitates nuclear lobby propaganda that nuclear power is “zero carbon”.   It’s not. Even the reactor’s operation emits a timy amount of carbon 14. But, more importantly, the entire fuel chain, and all its transport, from uranium mining through to the disposal of wastes and of the dead reactor –  is highly carbon emitting.

Even if nuclear power were low carbon (which it’s not), it would require thousands of reactors to be built very very quickly, in order to have any effect on global warming.
Meanwhile, funds, and energy are being diverted from genuinely useful measures, in renewable energy, and above all, in energy conservation.

                                  *************************************************************************

China eyes Argentina in global nuclear roll out, China Dialogue, Lili Pike, Fermín Koop, 04.06.2019  “……. Costs, emissions and safety at stake as Argentina and China look set to seal a nuclear power ……… With China looking to increase its nuclear power exports and countries seeking low-carbon electricity, the project in Argentina could be the beginning of a China-led renaissance. However, concerns over the cost and safety of nuclear power continue to plague the technology…….

https://www.chinadialogue.net/article/show/single/en/11293-China-eyes-Argentina-in-global-nuclear-roll-out

June 10, 2019 Posted by | China, marketing, SOUTH AMERICA | 1 Comment

Rosatom keenly pursuing international nuclear sales, especially nuclear-weapons related

Rosatom expects foreign business income to double by 2024, WNN,10 May 2019  Rosatom expects to double revenue from its overseas business, from USD6.6 billion last year to USD15 billion by 2024, its director general, Alexey Likhachov, has told Russian Prime Minister Dmitry Medvedev. In their meeting, on 6 May, Likhachov said foreign projects were the “key theme” of the state nuclear corporation’s future growth.

According to a transcript of their conversation published by Medvedev’s office, Likhachov also said the “open part” of Rosatom’s revenue had for the first time exceeded RUB1 trillion and that investment was also at a record level of one-quarter of a trillion rubles ….
It is also making progress with its new businesses. “It is important to emphasise here that more than 50% of the revenue from new businesses is provided by enterprises of the nuclear weapons complex, defence companies. …….. http://www.world-nuclear-news.org/Articles/Rosatom-sees-income-from-foreign-business-doubling

May 11, 2019 Posted by | marketing, Russia | Leave a comment

Russia using nuclear power loans and sales to have political influence – nuclear colonialism

Russia’s Nuclear Power Exports are Booming, Moscow Times, 10 May 19, 

Rosatom has been using nuclear power plants as a way of cementing ties with its fellow emerging markets.Russia’s state-owned agency Rosatom is on a tear. The company operates 35 nuclear power stations in Russia that produce 28 gigawatts (GW) of power, and it is actively exporting its nuclear technology to countries around the world.

Russia has been using nuclear power plants as a way of cementing ties with its fellow emerging markets with no nuclear power tradition and the BRICS countries, a group that started as a marketing tool for Goldman Sachs to sell equity but has increasingly turned into a real geopolitical alliance amongst the leading emerging market governments.

In recent years Rosatom has completed the construction of six nuclear power reactors in India, Iran and China and it has another nine reactors under construction in Turkey, Belarus, India, Bangladesh and China. Rosatom confirmed to bne IntelliNews that it has a total of 19 more “firmly planned” projects and an additional 14 “proposed” projects, almost all in emerging markets around the world.

Rosatom has become the world’s largest nuclear reactor builder as the financial problems of the two big Western firms Westinghouse Areva have crimped their ability to develop nuclear plants abroad . as the financial problems of the two big Western firms Westinghouse Areva have crimped their ability to develop nuclear plants abroad. Westinghouse and Areva, now owned by EDF, have for years negotiated deals to build reactors in India but have made little progress, partly because Indian nuclear liability legislation gives reactor manufacturers less protection against claims for damages in case of accidents.

The sales drive was organised by former Prime Minister Sergei Kiriyenko, who presided over Russia during the 1998 financial crisis but was given the job of running Rosatom after leaving office and tasked with selling 40 nuclear power plants internationally.

… Part of Rosatom’s appeal is not only Russia’s lower prices and state-of-the-art technology, but the fact that company usually provides most of the financing for the typically $10 billion price tag.

Last year the Russian firm said it had an order book worth $134 billion and contracts to build 22 nuclear reactors in nine countries over the next decade, including Belarus, Bangladesh, China, India, Turkey, Finland, Hungary, Egypt and Iran. The size of the order book puts nuclear power station exports on a par with Russia’s booming arms export business.

But underpinning the business is politics. Russia has long used energy as the sweetener when offering a package of trade deal to its international partners. Like gas pipelines, nuclear power stations are a way of binding countries to Russia, as nuclear power stations come with 60-year long maintenance deals and uranium supply contracts.

…. Iran Bushehr

One of the most controversial nuclear power stations built by Moscow was Iran’s Bushehr that was completed in 2013 over strong U.S. objections.

….Russia has been producing new parts for the second nuclear power plant to be built at Bushehr on the Persian Gulf and now Russia is preparing to push ahead with the construction of the second unit. ……

India Kudankulam…..

Hungary Paks……

Belarus Grodno……

Turkey Akkuyu……

Egypt El Dabaa…… https://www.themoscowtimes.com/2019/05/09/russias-nuclear-power-exports-are-booming-a65533

May 11, 2019 Posted by | marketing, politics international, Russia | Leave a comment

China keen to sell nuclear reactor to Bangladesh – an inflated and costly project

Chinese companies lobby for 2nd nuclear power plant in Bangladesh, New Age, Shakhawat Hossain | Apr 21,2019 Chinese companies are showing interest in constructing the planned second nuclear power plant in Bangladesh’s south although the site is yet to be selected.
Two Chinese companies — Dongfang Electric Corporation and China State Construction Engineering Corporation — have already lobbied the Bangladesh Atomic Energy Commission to win the deal, officials said. …….The officials said that some other Chinese companies, including Guangdong Nuclear Power Group, were making queries about the second nuclear power plant, site of which was likely to be selected in June 2019.

Science and technology secretary Anwar Hossain said that they were considering extending the duration of the site selection programme by six months.

………..Officials said that the Chinese corporation assured the commission of ‘timely commencement and completion’ of the project against the backdrop of criticism that many projects, including Padma Multipurpose Bridge, implemented by Chinese companies in Bangladesh caused cost overrun due to delay in construction.
National committee to protect oil, gas, mineral resources, power and ports member secretary Anu Muhammad said that he was not surprised to find the over enthusiasm of the Chinese companies for the planed second nuclear power plant.
Since the government hardly maintains transparency in the energy related projects, many Chinese companies are active to win projects through the ‘backdoor’, he noted.
He alleged that a ‘nexus between locals and foreigners’ was influencing the government to undertake inflated and costly projects, many of which had no national interest. …….http://www.newagebd.net/article/70470/chinese-companies-lobby-for-2nd-nuclear-power-plant-in-bangladesh

April 22, 2019 Posted by | China, marketing | Leave a comment

Conflicts of interest in the Trump group’s push to sell nuclear reactors to Saudi Arabia

April 18, 2019 Posted by | marketing, secrets,lies and civil liberties, USA | Leave a comment

China gambles on untested “Hualong One” nuclear reactor, and plans for international sales

China goes all-in on home grown tech in push for nuclear dominance, David Stanway, SHANGHAI (Reuters)17 Apr 19 – China plans to gamble on the bulk deployment of its untested “Hualong One” nuclear reactor, squeezing out foreign designs, as it resumes a long-delayed nuclear program aimed at meeting its clean energy goals, government and industry officials said.

China, the world’s biggest energy consumer, was once seen as a “shop window” for big nuclear developers to show off new technologies, with Beijing embarking on a program to build plants based on designs from France, the United States, Russia and Canada.

But after years of construction delays, overseas models such as Westinghouse’s AP1000 and France’s “Evolutionary Pressurised Reactor” (EPR) are now set to lose out in favor of new localized technologies, industry experts and officials said.

……….Though China has yet to complete its first Hualong One, officials are confident it will not encounter the delays suffered by rivals, and say it can compete on safety and cost.

Beijing has already decided to use the Hualong One for its first newly commissioned nuclear project in three years, set to begin construction later this year at Zhangzhou, a site originally earmarked for the AP1000. [nL3N2152KM]

……… EDF, France’s state-run utility, which helped build the EPR project at Taishan in Guangdong province, declined to comment. Westinghouse, now owned by Brookfield after entering bankruptcy restructuring, also did not respond to a request for comment.

INTERNATIONAL AMBITIONS

China’s ambitions for the Hualong One extend overseas as well. The first foreign project using the reactor is under construction in Pakistan and the model is in the running for projects in Argentina and Britain……..https://www.reuters.com/article/us-china-nuclearpower-hualong/china-goes-all-in-on-home-grown-tech-in-push-for-nuclear-dominance-idUSKCN1RT0C0

April 18, 2019 Posted by | business and costs, China, marketing, politics, safety | Leave a comment

More countries headed to go into nuclear debt to Russia

Rosatom forges more links with nuclear newcomers, 17 April 2019 Rosatom and its subsidiaries have this week signed a number of agreements with countries planning to introduce nuclear power to their energy mix, including Azerbaijan, Congo, Cuba, Ethiopia, Serbia and Uzbekistan. The documents were signed during the XI International Forum Atomexpo 2019 that the Russian state nuclear corporation is holding in Sochi. It also signed an agreement with established nuclear power country China. ………http://www.world-nuclear-news.org/Articles/Rosatom-forges-more-links-with-nuclear-newcomers

April 18, 2019 Posted by | marketing, Russia | Leave a comment

Saudi Arabia moves forward on developing a nuclear industry

Saudi plans to invite bids for nuclear power project in 2020  https://gulfbusiness.com/saudi-plans-invite-bids-nuclear-power-project-2020/ 7 Apr 19, The world’s top oil exporter wants to diversify its energy mix Saudi Arabia plans to issue a multi-billion-dollar tender in 2020 to construct its first two nuclear power reactors and is discussing the project with U.S. and other potential suppliers, three sources familiar with the plans said.The world’s top oil exporter wants to diversify its energy mix, adding nuclear power so it can free up more crude for export. But the plans are facing Washington’s scrutiny because of potential military uses for the technology.

Saudi Arabia, which aims to mine for uranium, says its plans are peaceful. But Crown Prince Mohammed bin Salman said in 2018 the kingdom would develop nuclear arms if Iran did.

U.S., Russian, South Korean, Chinese and French firms are in talks with Riyadh to supply reactors, a promising deal for an industry recovering from the 2011 Fukushima nuclear disaster.

“Saudi Arabia is continuing to make very deliberate steps forward although at a slower pace than originally expected,” one of the sources familiar with the plans told Reuters.

Saudi officials previously said they aimed to select a vendor in late 2018, which then slipped to 2019. The sources said the tender would now be issued in 2020.

Two sources said the project was proceeding slowly partly because the kingdom was still in discussions with all potential suppliers rather than narrowing them down to a short list.

The plans have also been delayed by strained ties with Washington, which criticised Riyadh after the murder of Saudi journalist Jamal Khashoggi in the kingdom’s Istanbul consulate in October, a source familiar with the talks said.

Riyadh needs to sign an accord on the peaceful use of nuclear technology with Washington to secure the transfer of U.S. nuclear equipment and expertise, under the U.S. Atomic Energy Act. U.S. Energy Secretary Rick Perry said last week that the negotiations which began in 2012 were continuing.

The source said Washington has also been seeking to convince Riyadh to sign the International Atomic Energy Agency’s Additional Protocol on extra safeguards for verifying nuclear technology is used for peaceful applications. The kingdom has so far resisted, the source added.

The fate of these negotiations could determine whether Riyadh reaches a deal with U.S. firms, the source said.

WORKSHOPS

Saudi Arabia, which sent a “request for information” (RFI) to nuclear vendors in 2017, is holding workshops with vendors from five nations as part of the pre-tender process, one source said, adding that this was expected to last 12 to 15 months.

The King Abdullah City for Atomic and Renewable Energy (KACARE), tasked with developing the nuclear programme, has brought in an executive from oil giant Saudi Aramco to help manage the pre-tender consultancy process, two sources said.

The Energy Ministry, overseeing the project, and the kingdom’s international press office did not respond to Reuters requests for comment.

KACARE has in the past said the kingdom was considering building 17.6 gigawatts of nuclear capacity by 2032, requiring about 16 reactors. But the sources said the focus for now was on the first two reactors and a potentially smaller programme.

Neighbouring UAE is building a nuclear power plant, the first in a Gulf Arab state. Iran, across the Gulf, has a nuclear plant in operation and has been locked in a row over its nuclear ambitions with the United States.

Saudi Arabia, which has long vied with Iran for regional influence, has said it will not sign any deal with the United States that deprives the kingdom of the possibility of enriching uranium or reprocessing spent fuel in the future, both potential paths to a bomb.

South Korea’s state-owned Korea Electric Power Corp (KEPCO), Russian state nuclear group Rosatom, French utility EDF, state-run China National Nuclear Corp and U.S. Westinghouse have expressed interest in the Saudi project.

April 8, 2019 Posted by | marketing, politics, Saudi Arabia | Leave a comment

Russia keen to market nuclear reactors to Kazakhstan

Putin Offers Russian Help To Build Kazakh Nuclear Plant, April 06, 2019 Radio Free Europe, By Bruce Pannier

Rosatom does the same thing. The company boasts a $100 billion portfolio, and its website says it has 36 nuclear reactor projects in 12 countries — in places like Bangladesh, Egypt, India, Belarus, Iran, Turkey, Hungary, and China. Rosatom submits bids for every nuclear-power-plant contract worldwide. And Rosatom also has nuclear cooperation agreements with countries in South America, Africa, Asia, and Europe.

The cost of a nuclear power plant starts at around $8 billion, and that is in cases where there is only one reactor, such as Rosatom’s VVER-1000. During Putin’s visit to India in October, Rosatom signed a contract to construct six VVER reactors at a new site in India, in addition to the four other reactors Rosatom is already contracted to build at India’s Kudankulum site. Two VVER reactors are already in operation there.

Russian financial institutions usually loan most, or nearly all, of the money to those countries for the construction of such plants, and Russian nuclear-fuel provider TVEL frequently receives the contract for fuel supplies.

Different Sort Of Customer

Kazakhstan would be a different sort of customer for Rosatom. It has been the world’s leading uranium producer and exporter since 2009. And Kazakhstan does more than just extract uranium. State company Kazatomprom has worked for years, and is now able to take uranium through all the cycles, from raw uranium to nuclear fuel. From 2007 to 2017, Kazatomprom owned a 10-percent stake in Westinghouse.

So Kazakhstan has a large domestic source of uranium and can produce its own nuclear fuel; and Kazatomprom has nuclear technicians trained mostly by Russia but also some trained in Japan, France, and other countries.

Russia and Kazakhstan cooperate to mine uranium in Kazakhstan. Putin mentioned “six Russian-Kazakh enterprises for extracting and enriching uranium.”
Kazatomprom exported nearly 15,290 tons of uranium in 2018, and about 17 percent of that went to Russia.

Kazakhstan and Russia established the International Uranium Enrichment Center in Angarsk in 2007. As its name suggests, the center will provide low-enriched uranium (LEU) to interested parties. The center has been internationally hailed as ensuring a steady supply of uranium for nuclear reactors while not transferring the technology to enrich uranium.

The International Atomic Energy Agency (IAEA) and Kazakhstan’s government also established an LEU bank at Kazakhstan’s Ulba Metallurgical Plant in Oskemen, “a physical reserve of up to 90 metric tons of low enriched uranium suitable to make fuel for a typical light water reactor.”

The IAEA and Russia have an agreement on transporting the uranium to the LEU bank in Oskemen.
The April 4 statement from Kazakhstan’s Energy Ministry said nuclear-power-plant technologies from five countries, “including Rosatom,” were being studied. But the ministry also said other projects were being reviewed, such as more gas-fired plants, hydropower projects, and coal-fired thermal plants.

Proposed Locations
Russian news agency Interfax noted in its report that Russian Ambassador to Kazakhstan Aleksei Boroodavkin said in February, “We are hopeful that a decision will be taken soon for the construction of an atomic power station that we hope Rosatom will construct.”………. https://www.rferl.org/a/kazakhstan-putin-offers-russian-nuclear-plant-help/29865177.html

April 8, 2019 Posted by | Kazakhstan, marketing, Russia | Leave a comment

U.S. Energy Secretary, Rick Perry, approved 6 secret nuclear technology companies’ sales to Saudi Arabia

March 30, 2019 Posted by | marketing, Saudi Arabia, secrets,lies and civil liberties, USA | Leave a comment

Orano (makeover of bankrupt AREVA ) not getting anywhere in selling nuclear reprocessing plant to China

Les Echos 23rd March 2019 Another place, another atmosphere. Xi Jinping’s visit to France is not expected to lead to any major breakthrough on Orano’s long-awaited contract to build a used nuclear fuel processing and recycling plant in China.

Fifteen months after Emmanuel Macron’s visit to Beijing during which the French industrialist and his partner CNNC had concluded a new memorandum of understanding , Orano (the former Areva refocused on the fuel cycle) is still far from to have won the bet. At the time, Orano and CNNC had given themselves until the end of 2018 to formally agree on this mega contract of more than 10 billion dollars.

ttps://www.lesechos.fr/monde/chine/0600942449579-la-gueule-de-bois-du-nucleaire-francais-en-chine-2254727.php#xtor=CS1-33

March 25, 2019 Posted by | China, France, marketing | Leave a comment

American nuclear lobby keen to market new nuclear reactors to overseas, to anyone!

The US is losing the nuclear energy export race to China and Russia. Here’s the Trump team’s plan to turn the tide

CNBC, MAR 21 2019 
 Tom DiChristopher@TDICHRISTOPHER 

  • Russian and Chinese companies are aggressively pursuing nuclear energy export deals and building more reactors overseas than U.S. firms.
  • The Trump administration aims to disrupt that progress by expanding early stage cooperation with countries interested in adopting nuclear energy.
  •  new initiative aims to make the U.S. the global leader in advanced nuclear reactors poised to hit the market in the coming years.The Trump administration is preparing a new push to help American companies compete in the race to build the next generation of nuclear power plants around the world — a competition the U.S. is currently losing.

    In doing so, the administration also aims to push back on the growing dominance of Russia and China in the space, preventing them from expanding their international influence by forging long-lasting nuclear ties with foreign powers.

    The State Department plans to expand cooperation with countries pursuing atomic energy long before those nations ever purchase a nuclear reactor. By facilitating early stage talks, the U.S. intends to put American companies first in line to build tomorrow’s fleet of nuclear power plants overseas

    We still lead the world in nuclear technology innovation. Our big challenge is taking that incredible IP and those incredible technological innovative breakthroughs and bringing them to market.

    To be sure, the Energy and Commerce departments actively facilitate U.S. nuclear cooperation with their foreign counterparts. But the State Department now intends to push the issue in talks at the highest levels of government, making it clear that Washington believes cooperation in the nuclear realm is central to its strategic relationships…….

    Rise of Russia and China

    The U.S. dominated nuclear energy exports decades ago, but faces stiff competition today, including from allies like France and South Korea. But it’s the growing dominance of adversaries in Beijing and Moscow that worries the Trump administration and nonproliferation experts……..

    Russia is also changing the rules of the game by offering generous financing that makes nuclear energy affordable to more nations. Moscow is targeting non-nuclear states in the Middle East and Africa with a model to build, own and operate the plants.

    The State Department intends to actively dissuade its partners from working with China and Russia, according to Christopher Ford, assistant secretary for international security and nonproliferation.

    Ford previewed that message last month at the Hudson Institute in Washington DC: “Russia and China also use reactor sales by their heavily state-supported nuclear industries as a geopolitical tool to deepen political relationships with partner countries, to foster energy dependence by foreign partners, and sometimes even to use predatory financing to lure foreign political leaderships into ‘debt traps’ that give Beijing or Moscow leverage that it can exploit later for geopolitical advantage.”

    New plan takes shape

    During the address, Ford outlined State’s plan to help American companies compete with Chinese and Russian firms.

    The department will more closely coordinate nuclear cooperation efforts across agencies and ramp up informal, non-binding talks with nations that might pursue nuclear energy technology. The goal is to expand the number of countries engaged in ongoing communication with U.S. government agencies, nuclear energy companies and researchers.

    The State Department will do this by signing nuclear cooperation memorandums of understanding with the countries……..

    State’s focus is on teeing up sales of a new generation of nuclear technology expected to come online in the next five to 10 years, the official said.Those include small modular reactors that can be bolted together to form larger units, Terrapower’s traveling wave reactor backed by Bill Gates and microreactors meant to provide enough power for a few thousand homes.

    Altogether, there are about two dozen serious designs for advanced nuclear reactors trying to break into the market, said McGinnis. Under McGinnis and Secretary Rick Perry, one of the Energy Department’s top priorities is facilitating the development of these new technologies…….

    On Tuesday, NuScale Energy signed a memorandum to explore deploying its small modular reactors in Romania, after signing similar agreements with Canada and Jordan.

    The U.S. will still have to reach so-called 123 Agreements with foreign countries before American firms can sell nuclear reactors overseas. These agreements place limits on the use of nuclear technology and must be approved by Congress.

    These agreements have recently drawn scrutiny from Democratic and Republican lawmakers as Westinghouse bids for nuclear power contracts in Saudi Arabia. The Saudis have long insisted on their right to enrich uranium, something the U.S. usually opposes. The bidding also comes as tension between Riyadh and Capitol Hill has escalated after Saudi agents killed Washington Post columnist Jamal Khashoggi in October. ……..  https://www.cnbc.com/2019/03/21/trump-aims-to-beat-china-and-russia-in-nuclear-energy-export-race.html

March 23, 2019 Posted by | marketing, Small Modular Nuclear Reactors, USA | 1 Comment

NuScale includes Romania in its desperate search for taxpayer funding for Small Modular Nuclear Reactors

Romania to explore NuScale SMR deployment, WNN, 19 March 2019 An agreement between US small modular reactor (SMR) developer NuScale Power and Romanian energy company Societata Nationala Nuclearelectrica SA (SNN SA) to explore the use of SMRs in Romania has been welcomed by the US Department of Energy (DOE). The two companies have signed a memorandum of understanding covering the exchange of business and technical information on NuScale’s nuclear technology, with the goal of evaluating the development, licensing and construction of a NuScale SMR for a “potential similar long-term solution” in Romania……… NuScale has also signed MOUs to explore the deployment of its SMR technology in Canada and Jordan. http://world-nuclear-news.org/Articles/Romania-to-explore-NuScale-SMR-deployment

March 21, 2019 Posted by | marketing, Small Modular Nuclear Reactors | 1 Comment

China trying to market nuclear technology to Argentina

Chinese delegation set to revive stalled Argentina nuclear power plant talks
Technical team expected to go to Latin American country to discuss project reportedly worth up to US$8 billion, SCMP, 16 Mar, 2019 A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, signalling possible progress in a deal that could increase Beijing’s deepening influence in the South American nation.

March 18, 2019 Posted by | China, marketing | Leave a comment