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China “looks to small nuclear reactors” – but it’s not really a very good look

This article is surely meant as a promotional boost for small nuclear reactors, SMRs.  BUT – it doesn’t quite read that way.  We learn that only the most enthusiastically pro-nuclear nations are interested in SMRs.

Another giveaway is that remarkable confession at the end  – that success of SMRs hinges on investors seeing new large-scale plants coming online and building on those successes.

Well, seeing that large nuclear reactors projects are now stalling, all over the place, with delays, safety problems, and ballooning costs –  those successes are looking very unlikely. Which leaves SMRs very much in the fantasy world – waiting for investors who never appear.

China looks to small nuclear reactorsnews.com.au, JUNE 27, 2017. David Stanway, Reuters China is betting on new, small-scale nuclear reactor designs that could be used in isolated regions, on ships and even aircraft as part of an ambitious plan to wrest control of the global nuclear market.

Within weeks, state-owned China National Nuclear Corporation (CNNC) is set to launch a small modular reactor (SMR) dubbed the “Nimble Dragon” with a pilot plant on the island province of Hainan, according to company officials.

…..But these so-called “third-generation” reactors have been mired in financing problems and building delays, deterring all but the most enthusiastically pro-nuclear nations.

The challenges of financing and building large, expensive reactors contributed to the bankruptcy of Toshiba Inc’s nuclear unit, Westinghouse, and to the financial problems that forced France’s Areva to restructure.

SMRs have capacity of less than 300 megawatts (MW) – enough to power around 200,000 homes – compared to at least 1 gigawatt (GW) for standard reactors.

China aims to lift domestic nuclear capacity to 200 GW by 2030, up from 35 GW at the end of March, but its ambitions are global.

CNNC designed the Linglong, or “Nimble Dragon” to complement its larger Hualong or “China Dragon” reactor and has been in discussions with Pakistan, Iran, Britain, Indonesia, Mongolia, Brazil, Egypt and Canada as potential partners.

“The big reactor is the Hualong One, the small reactor is the Linglong One – many countries intend to co-operate with CNNC’s ‘two dragons going out to sea’,” Yu Peigen, vice-president of CNNC, told a briefing in May.

…….The success of new small-scale reactors hinges on investors seeing new large-scale plants coming online and building on those successes, said Christopher Levesque, Terrapower’s president.

“We’re not competing with those folks, we’re rooting for them,” he told an industry forum in Shanghai last month. http://www.news.com.au/finance/business/breaking-news/china-looks-to-small-nuclear-reactors/news-story/fa30465507d75bb2efef3bb1de827eca

June 28, 2017 Posted by | business and costs, China, technology | Leave a comment

Russia’s nuclear marketing may create unhealthy dependency in Middle East nations

Russian Nuclear Power in the Middle East http://vestnikkavkaza.net/analysis/Russian-Nuclear-Power-in-the-Middle-East.html 26 June17 Eurasia Review Nuclear energy is losing its luster in many parts of the world. In the United States, the drop in the cost of renewables production is making them a more attractive electricity-generation option than nuclear power. France, a country long associated with nuclear power, is also looking to reduce its reliance on reactors. And even China is now investing more in developing wind farms than it is in nuclear infrastructure. Russia, though, is bucking the trend.Eurasia review reports in its article Russia And Nuclear Power that nuclear energy accounts for 11 percent of domestic power production, while the share of wind and solar power generation remains negligible, according to Bloomberg New Energy Finance. Overall, more than 40 percent of Russian power is generated by natural gas. Meanwhile, hydropower is the main renewable source of power in Russia, responsible for a roughly 20-percent share of the overall mix. Russia has taken steps in recent months to develop its wind power potential. But development efforts are hampered by legislation that requires at least 40 percent of all renewable-energy infrastructure to be locally produced. To meet the requirement, Russia needs to find a substantial amount of foreign investment. In the realm of international trade, Russia is trying to turn its slow embrace of renewables into an advantage.

Rosatom, Russia’s state-owned nuclear company, is by far the most active player these days in the international market for nuclear power technologies. Rosatom currently has agreements to provide plants, fuel or expertise in 20 countries in the Middle East, Africa, Asia and Latin America. With the notable exception of the Barakah Atomic Energy Station in the United Arab Emirates, which is being built by the Korea Electric Power Corporation, Russia is the most heavily involved of any nuclear-exporting countries in developing nuclear power facilities in the Middle East.

Rosatom’s most recent move in the Middle East was a deal, sealed in late May, to construct Egypt’s first nuclear power plant, pending final approval by the Egyptian government. The pact is the latest of four bilateral agreements signed by Egypt and Russia concerning the nuclear power station at El Dabaa, approximately 200 miles west of Cairo on Egypt’s north coast. The first of these, signed in late 2015, covered the construction and maintenance of the plant for a 10-year period, and included a stipulation that Russia would provide fuel for the plant for 60 years.

The plant would consist of four VVER-1200 reactors, a new design based on the earlier VVER-1000 model developed in the Soviet Union in the mid-1970s. The first VVER-1200 was brought online earlier this year at Russia’s Novovoronezh plant. It is projected to begin producing power in 2024. Egypt is one of four countries in and around the Middle East where Rosatom has built, or plans to build, nuclear power facilities. Rosatom’s subsidiary, Atomenergostroy, which handles the company’s overseas construction projects, has contracts to build plants in Jordan and Turkey. In addition, it is building additional reactors at Iran’s Bushehr facility. The company will provide financing, staff, and fuel, while retaining ownership of the plants and receiving revenue from the power they produce.

Russia has provided approximately 50 percent of the financing for Turkey’s plant at Akkuyu, and will provide fuel for its operation once construction is complete. Upwards of 85 percent of the financing for the El Dabaa project in Egypt is to come in the form of loans from Russia, a country in the midst of an economic downturn brought on by the global fall in fossil fuel prices. Egypt is also exploring options for a second nuclear power plant to be built on its coast.

During the Cold War, both the United States and the Soviet Union provided supplies, facilities, and training to Middle Eastern countries in an effort to promote nuclear power. The governments of Jordan and Egypt expressed interest at the time in developing nuclear power facilities in the mid-1950s, and the Soviet Union began construction on a research reactor in Egypt in 1961. Similar reactors were built in Iraq in 1967 and in Libya in 1981. In 1995, Russia’s Ministry of Atomic Energy signed a contract to take over construction of the Bushehr plant. In 2010, Rosatom was granted the right to open offices in embassies abroad by a change in laws governing its operations. It did so in Dubai and Beijing in April of 2016, and the company’s website now boasts over $133 billion USD in overseas orders for its products. Rosatom has also partnered with the International Atomic Energy Agency to fund nuclear infrastructure development internationally, pledging $1.8 million as well as equipment and expertise to equip countries that hope to develop nuclear power capacities in the future. Experts have expressed concern that these ambitious development plans are proceeding without adequate plans for disposal of nuclear waste. The Bellona Foundation, an organization that conducts independent research into international nuclear and environmental issues, has been critical of the lack of planning for nuclear waste processing and disposal, and has pointed out that dependency on Russia for nuclear fuel may leave countries particularly vulnerable in the event of a sour political climate.

June 28, 2017 Posted by | marketing, MIDDLE EAST, Russia | Leave a comment

Hinkley Point C nuclear project obsolete already, but would cost £22 billion compensation if it were to be scrapped

Times 27th June 2017,The lesson of the Hinkley Point C saga is not to repeat it. Contractors
started pouring concrete for the Hinkley Point C power station three months
ago and could be still at it in ten years‘ time.

By then, there is a chancethat the economics of energy will have suffered a surprise upheaval making
nuclear power genuinely affordable, but that chance is slim to vanishing.
It is more likely that current trends driving down the cost of renewable
and gas-fired power stations will continue.

Hinkley Point C will meanwhile be vulnerable to the sort of delays and cost-overruns that have plagued
every other reactor so far built to the same design, none of which is yet producing power. If experience is any guide, electricity from Hinkley Point will command more than twice the price of power from other sources,
including low-carbon renewables.

The value of subsidies to honour that “strike price”, which is meant to compensate the contractors for taking on
the risk of the project, will have more than quintupled since being agreed.

Hinkley Point C will create jobs but in a white elephant that will be technologically out of date before being connected to the grid. It is being built in part to keep the lights on without relying on highly polluting coal, but mainly because technology moves faster than bureaucracy. In complex matters politicians tend to rely on bureaucrats’ advice, and many
backed the plan before Theresa May gave her final approval last year.

Not one had the courage to cancel it when it was still possible to do so without exposing taxpayers to the risk of multibillion-pound compensation claims.

Sources close to an internal review of the project under way at EDF, the lead contractor, say that its budget is already edging up towards £20 billion from last year’s £18 billion estimate. Its completion date is now expected to be 2027 rather than 2025. The value to EDF and its Chinese partner of the “contract for difference” agreed in the deal has risen from
£6 billion to £30 billion as the price of gas and renewables, especially solar, has fallen.

The most alarming figure in the NAO report is an estimate of £22 billion that investors in Hinkley Point C could claim in
compensation were it to be scrapped. https://www.thetimes.co.uk/edition/comment/nuclear-options-n9b7sc5bq

June 28, 2017 Posted by | business and costs, politics, UK | Leave a comment

Russia’s Rosatom deputy director-general for international business urging increase in nuclear power capacity

Russia urges more ambitious nuclear capacity target, WNN, 27 June 2017Rosatom’s deputy director-general for international business has described the World Nuclear Association’s aim to add 1000 GWe of new capacity by 2050 as fully achievable and “perhaps modest”. Kirill Komarov spoke to World Nuclear News during the AtomExpo conference and exhibition held last week in Moscow.

Komarov, who becomes the chairman of the London-based Association next year, said the annual event had attracted a record number of participants, with about 6500 attendees, representatives from 64 countries (not including Russia) and 32 official government delegations.

He told WNN: “The consensus of everyone gathered here, including those who are not part of the nuclear community, is that nuclear energy has a place in the global energy mix…..

Komarov said investment in wind and solar power technology was ten times higher than in nuclear generation.

“That’s not because those technologies are better and ours are worse,” Komarov said. “Perhaps we as a nuclear community missed out and didn’t put sufficient effort into explaining safety and mankind’s need for nuclear power, not only in terms of energy, but also knowledge, education and science, as well as the non-energy uses of nuclear technologies.”…..

2016 was a “very successful year” for Rosatom, he said, and its portfolio of orders is worth $134 billion over the next decade. Many of these contracts are “now active” and cover the full life cycle of nuclear facilities, he said…….

Rosatom’s earnings and profit are growing, Komarov said, but that growth has been curtailed by lower nuclear fuel cycle prices. “The uranium enrichment spot price was once $180 per kg SWU, now it’s about $50/kg, and the uranium spot price has gone from $137 per pound U3O8 to about $20/lb.   We’re still profitable because we have worked seriously on our costs, even during years that were good for us,” he said. “We keep on expanding our business with new products and try to offset what we have under-earned by creating new business. ……http://www.world-nuclear-news.org/C-Russia-urges-more-ambitious-nuclear-capacity-target-27061701.aspx

June 28, 2017 Posted by | marketing, Russia | Leave a comment

Troubled SCE&G, Santee Cooper nuclear project could soon be scrapped

SCE&G, Santee Cooper nuclear project could be scrapped within 45 days, BY SAMMY FRETWELL AND CLIF LEBLANC, sfretwell@thestate.comcleblanc@thestate.com  27 June 17, South Carolina utilities SCE&G and Santee Cooper expect to decide by this fall, if not sooner, whether to pull the plug on a $14 billion nuclear expansion project that has been plagued by financial troubles, lengthy delays and intense criticism over the amount of money the effort is costing customers.

June 28, 2017 Posted by | business and costs, USA | Leave a comment

Nuclear Energy Institute lobbies USA govt to prop up failing nuclear industry

Nuclear Energy Institute urges FERC to take action to prevent nuclear plant closures June 27, 2017 by Daily Energy Insider Reports The Nuclear Energy Institute (NEI) recently sent a comment letter to the Federal Energy Regulatory Commission (FERC), recommending several actions aimed at helping prevent nuclear plant shutdowns….NEI urged FERC to make preserving nuclear plants a fundamental guiding principle and not to interfere with legitimate state public policy goals regarding nuclear energy. …

The letter also recommended that FERC direct RTOs and ISOs to develop mechanisms that provide additional revenues in recognition of nuclear’s attributes such as long-term rate stability, system resiliency and fuel diversity.

While comprehensive, enduring reforms are being developed, the commission should ensure that interim measures are in place to prevent further loss of secure and resilient nuclear generation,” NEI said…..https://dailyenergyinsider.com/news/6098-nuclear-energy-institute-urges-ferc-take-action-prevent-nuclear-plant-closures/

June 28, 2017 Posted by | business and costs, politics, USA | Leave a comment

Britain’s Hinkley Point nuclear project to cost billions more than was forecast

Nuclear plant to cost consumers ‘billions more’ News 24 24 June 17 London – A highly-controversial UK government deal for the new Hinkley Point nuclear power plant will cost British energy consumers billions more pounds than forecast, the country’s National Audit Office said on Friday.

“The Department for Business, Energy and Industrial Strategy’s deal for Hinkley Point C has locked consumers into a risky and expensive project with uncertain strategic and economic benefits,” the NAO said in a report.

Under the project, UK energy users will have sums added to their bills for a period of 35 years.

The NAO said the combined cost of such payments is set to surge to $38bn.

 “Delays have pushed back the nuclear power plant’s construction, and the expected cost of top-up payments under the Hinkley Point C’s contract… has increased $38bn,” the report said……

The contract for a French-Chinese consortium to build Britain’s first nuclear plant in a generation was signed in September after a string of controversies threatened to scupper the huge deal.

China’s involvement

The British government had delayed agreement over concerns about China’s involvement, while there were also questions about how the French state-owned power giant EDF would fund the construction of Hinkley Point.

But Britain finally gave the go-ahead last September for the complex, which is expected to provide seven percent of the country’s power needs. Beijing’s state-run China General Nuclear Corporation is set to finance £6bn of the cost of the Hinkley Point plant, with French state-owned power giant EDF providing the remaining £12bn.

Critics have focused on an electricity price guarantee to be paid to EDF of £92.5 for every megawatt hour of power produced by Hinkley for the next 35 years, rising with inflation, despite falling energy prices…….http://www.news24.com/World/News/nuclear-plant-to-cost-consumers-billions-more-20170624

June 26, 2017 Posted by | business and costs, politics, UK | Leave a comment

37 sites close, as world’s largest coal company winds down

The World’s Largest Coal Mining Company Is Closing 37 Sites https://motherboard.vice.com/en_us/article/kzqdme/the-worlds-largest-coal-mining-company-is-closing-37-sites,ANKITA RAO, Jun 23 2017,

As solar energy becomes cheaper than coal, India’s growth will depend on renewables.

Coal India—a government-back coal company–is reportedly closing 37 of its “unviable” mines in the next year to cut back on losses.

India is primed for an energy revolution. The country’s ongoing economic growth has been powered by fossil fuels in the past, making it one of the top five largest energy consumers in the world. But it has also invested heavily in renewables, and the cost of solar power is now cheaper than ever. In some instances, villages in India have avoided coal-powered electricity altogether, and “leapfrogged” straight to solar power.

Partly because of this shift, Coal India, which produced 554.13 million tonnes of coal in the 2016-2017 fiscal year (for comparison, the largest company in the US produced about 175 million in 2015) saw demand dip in recent months. This is not the first sign that coal is no longer the most economic option for emerging economies like India and China. Earlier this year, the heavily industrial state of Gujarat cancelled its proposed coal power plants. And a few weeks ago The Hindu reported that Coal India had identified another 65 mines in losses.

ndia’s energy situation is changing so fast that even expert predictions about its switch to renewables are wildly off: A study from last year claimed India would be building more than 300 coal plants in the next 10 years, but experts said the data was already outdated by the time the report was published, and that India would be moving toward renewables instead.

We are collectively moving away from fossil fuels“For the first time, solar is cheaper than coal in India and the implications this has for transforming global energy markets are profound,” said Tim Buckley, Director of the Institute for Energy Economics and Financial Analysis (IEEFA) in a statement. The decline of Coal India, which produces 80 percent of the country’s domestic coal output, is more evidence that we are collectively moving away from fossil fuels as cleaner, renewable technologies become more widely available. This reality is important to grasp in every country where coal used to be king. Even as Donald Trump promises coal jobs, let’s remember that those jobs don’t are unlikely to come back.

“One of the most popular mines today employs [a couple hundred people] who are doing the work that used to be done by thousands,” Jerome Scott, a left-leaning activist with the League of Revolutionaries for a New America, said at the Left Forum earlier this month in Manhattan. “That’s the fundamental contradiction within capitalism—it’s being disrupted because they’re able to hire fewer and fewer workers.”

And for countries like India, where companies like Coal India employ more than 300,000 people, training people to work in more viable energy markets will be increasingly important to provide sustainable livelihoods. Luckily, it looks like the solar industry will have some job openings.

June 26, 2017 Posted by | business and costs, climate change, India | Leave a comment

EDF braces for a multi-billion euro rise in costs at its Hinkley Point C nuclear site

Telegraph 25th June 2017,EDF is bracing for a multi-billion euro rise in costs at its Hinkley Point C nuclear site after a fresh evaluation of the project revealed yet another
likely delay. An internal review of the troubled project by senior
executives at EDF’s French headquarters is expected to confirm fears that
the state-backed energy giant will not be able to deliver Hinkley on time
or in line with its £18bn budget.

The French newspaper Le Monde reported over the weekend that sources close to the review have said no one believes
it can be delivered by 2025. Instead, the start-up date is likely to be
2027 and pile a further £870m on to the construction costs of the £18bn
project. The review is being led by Jean-Michel Quilichini, the group’s
audit director, and is expected to be made public later this summer. The
latest delay is likely to fuel concerns that Government has locked energy
bill payers into “a high cost and risky deal” that could fail to deliver on
its economic promises.
http://www.telegraph.co.uk/business/2017/06/25/hinkley-nuclear-costs-climb-deadlines-slip/

June 26, 2017 Posted by | business and costs, France | Leave a comment

Low morale in India’s nuclear industry: exodus of scientists

Scientists’ exodus hits Bhabha Atomic Research Centre http://www.newindianexpress.com/thesundaystandard/2017/jun/24/scientists-exodus-hits-bhabha-atomic-research-centre-1620535.html, By Richa Sharma  24th June 2017 NEW DELHI: The Bhabha Atomic Research Centre (BARC), which hogged the limelight for unnatural death of nuclear scientists in the past few years, is faced with a different challenge now: Attrition. As many as 85 scientists have left the country’s top nuclear research facility in the last five years, according to an RTI reply.

The reason ranges from lack of professional working environment to harassment. Early this year, a BARC scientific officer went missing after sending an email to her family in which she cited wok pressure and mental harassment by her senior. She, however, returned home a week later.
This was not the first time when such allegations were made. In 2015, a group of BARC scientists wrote to Prime Minister Narendra Modi, alleging harassment and victimisation by their seniors and sought his intervention.

Things seem to have not improved as the RTI query revealed that 85 scientists and technical officers— mostly in their early or mid level—have quit between 2012 and 2016. The centre did not give any reason for the same.
The number of deaths in the nuclear research facility presents a horrific story as 73 suicides, including by many scientists, were reported between 1995 and 2016. Many BARC scientists were also found dead in mysterious conditions and murdered.

According to the Department of Atomic Energy (DAE), adequate arrangements are in place at workplace and departmental residential township for security of scientists.
“Unnatural death of scientists/employees of DAE are always being accorded due importance and this office monitors sensitive cases of death from time to time in consultation with Units, Intelligence Bureau, local police,” said the DAE.

June 26, 2017 Posted by | employment, India | Leave a comment

Kewaunee Power Station decommissioned: nuclear wastes moved to dry storage

Nuclear fuel moved for decommissioning of Kewaunee Power Station, NBC26  Jun 23, 2017 Kewaunee Power Station achieved a significant milestone earlier this month when employees working to permanently decommission the facility safely transported the last of the used nuclear fuel to a dry fuel storage facility located on site, according to Dominion Energy.

June 24, 2017 Posted by | business and costs, USA | Leave a comment

Call for South Carolina Electric and Gas and Santee Cooper to Refund Ratepayers for Nuclear Project

Should SCE&G Refund Ratepayers for Nuclear Project? ft Free Times, By David Travis Bland, 23 June 17, 

The Sierra Club and Friends of the Earth are going for the throat of two nuclear power reactors under construction by South Carolina Electric & Gas (SCE&G) and Santee Cooper. While they’re calling for complete abandonment of the project, the environmentally focused duo also wants the utilities to pay back ratepayers.
On June 22 Tom Clements of Friends of the Earth and Bob Guild of the Sierra Club took to a podium outside the state Public Service Commission to announce they’ll be demanding that the regulatory entity direct SCE&G to “immediately cease expending further capital costs” on the V.C. Summer nuclear reactor project north of Columbia. A formal complaint was filed with the commission after the event in which the organizations asked for a hearing to plead their case. In what Clements says is an unprecedented move, the hearing was granted and scheduled shortly after the filing.

“One of the things we’re going to be asking for is accountability on the part of SCE&G for essentially creating this mess they’ve created for ratepayers,” Guild said before the press event.

In the Public Service Commission’s lobby, a dozen citizens stood behind the environmental representatives with badges declaring “Clean Energy For All.”

“We will be asking for repatriation of the money” to ratepayers, Clements said in an earlier phone call. State law allows the commission to call for “rate reparations,” essentially rebates for electricity users, from SCE&G if the commission finds the utility wasted money in attempting to build the nuclear reactors.

The official complaint comes before a June 26 deadline for an assessment period in which SCE&G is looking into whether they should halt or continue the nuclear energy project.

Started in 2008, the Fairfield County nuclear reactors have been burdened by cost overruns and delays. At only 37 percent completion with already $8.9 billion sunk, according to a presentation given to utility insiders, the total cost of the reactors is projected to be between $15 and $22 billion by the estimates of Friends of the Earth and the Sierra Club.

Then March 2017 rolled around with a bankruptcy announcement by Westinghouse, designer of the reactors and former lead contractor.

The project is “bleeding,” said Guild, and ratepayers foot a hearty chunk of the bill…….

If the project were abandoned and SCE&G could provide evidence that it was prudent to halt construction, state law also allows the utility to charge ratepayers to recover the company’s losses. To force ratepayers to bear the brunt of their losses, SCE&G needs the approval of the Public Service Commission.

“Will the Public Service Commission do as we believe they should and that is proportion responsibility where it belongs on SCE&G management and shareholders?” Guild asked. “That’s the open question.”

So far the regulatory body has given SCE&G every rate increase they’ve asked for. http://www.free-times.com/news/local-and-state-news/should-sce-g-refund-ratepayers-for-nuclear-project/article_72e59b4c-5815-11e7-a10b-c7206539c3b9.html

June 24, 2017 Posted by | business and costs, USA | Leave a comment

It’s official – Three Mile Island nuclear power station to shut down in September 2019

TMI another step toward shutdown, as Exelon notifies Nuclear Regulatory Commission, June 23, 2017 Press & Journal  Exelon Generation Co. officially notified the U.S. Nuclear Regulatory Commission this week of its intent to shut down Three Mile Island Nuclear Station in September 2019.

J. Bradley Fewell, senior vice president for regulatory affairs and general counsel, Exelon Generation, signed the letter sent to the NRC, which was dated June 20. Exelon is based in Warrenville, Illinois, in Chicago’s western suburbs.

The letter is part of the official process to shut down the plant “due to severe economic challenges,” it states. A nuclear plant cannot be reopened once permanently shut down…….

TMI has failed to clear the past three auctions held by PJM, which basically means that TMI is not able to produce electricity at the price that the market is willing to pay.

“Three Mile Island Unit 1 is unprofitable and has lost more than $300 million over the past five years despite being one of Exelon’s best-performing plants,” states the letter to PJM, signed by Bryan C. Hanson, senior vice president of Exelon Generation, and president and chief nuclear officer of Exelon Nuclear……

June 24, 2017 Posted by | business and costs, USA | Leave a comment

As the global renewable energy transition speeds up, Russia gambles on nuclear energy

Experts have expressed concern that these ambitious development plans are proceeding without adequate plans for disposal of nuclear waste. The Bellona Foundation, an organization that conducts independent research into international nuclear and environmental issues, has been critical of the lack of planning for nuclear waste processing and disposal, and has pointed out that dependency on Russia for nuclear fuel may leave countries particularly vulnerable in the event of a sour political climate.

Russia and Nuclear Power http://www.eurasianet.org/node/84076,June 21, 2017 , by Emma Claire Foley

In an age where sources of renewable energy are becoming an increasingly cost-efficient means of providing electricity, Russia is still going nuclear.

Nuclear energy is losing its luster in many parts of the world. In the United States, the drop in the cost of renewables production is making them a more attractive electricity-generation option than nuclear power. France, a country long associated with nuclear power, is also looking to reduce its reliance on reactors. And even China is now investing more in developing wind farms than it is in nuclear infrastructure.

Russia, though, is bucking the trend. Nuclear energy accounts for 11 percent of domestic power production, while the share of wind and solar power generation remains negligible, according to Bloomberg New Energy Finance. Overall, more than 40 percent of Russian power is generated by natural gas. Meanwhile, hydropower is the main renewable source of power in Russia, responsible for a roughly 20-percent share of the overall mix.

Russia has taken steps in recent months to develop its wind power potential. But development efforts are hampered by legislation that requires at least 40 percent of all renewable-energy infrastructure to be locally produced. To meet the requirement, Russia needs to find a substantial amount of foreign investment.

In the realm of international trade, Russia is trying to turn its slow embrace of renewables into an advantage. Rosatom, Russia’s state-owned nuclear company, is by far the most active player these days in the international market for nuclear power technologies. Rosatom currently has agreements to provide plants, fuel or expertise in 20 countries in the Middle East, Africa, Asia and Latin America. With the notable exception of the Barakah Atomic Energy Station in the United Arab Emirates, which is being built by the Korea Electric Power Corporation, Russia is the most heavily involved of any nuclear-exporting countries in developing nuclear power facilities in the Middle East.

Rosatom’s most recent move in the Middle East was a deal, sealed in late May, to construct Egypt’s first nuclear power plant, pending final approval by the Egyptian government. The pact is the latest of four bilateral agreements signed by Egypt and Russia concerning the nuclear power station at El Dabaa, approximately 200 miles west of Cairo on Egypt’s north coast. The first of these, signed in late 2015, covered the construction and maintenance of the plant for a 10-year period, and included a stipulation that Russia would provide fuel for the plant for 60 years.

The plant would consist of four VVER-1200 reactors, a new design based on the earlier VVER-1000 model developed in the Soviet Union in the mid-1970s. The first VVER-1200 was brought online earlier this year at Russia’s Novovoronezh plant. It is projected to begin producing power in 2024.

Egypt is one of four countries in and around the Middle East where Rosatom has built, or plans to build, nuclear power facilities. Rosatom’s subsidiary, Atomenergostroy, which handles the company’s overseas construction projects, has contracts to build plants in Jordan and Turkey. In addition, it is building additional reactors at Iran’s Bushehr facility. The company will provide financing, staff, and fuel, while retaining ownership of the plants and receiving revenue from the power they produce.

Russia has provided approximately 50 percent of the financing for Turkey’s plant at Akkuyu, and will provide fuel for its operation once construction is complete. Upwards of 85 percent of the financing for the El Dabaa project in Egypt is to come in the form of loans from Russia, a country in the midst of an economic downturn brought on by the global fall in fossil fuel prices.

Egypt is also exploring options for a second nuclear power plant to be built on its coast. During the Cold War, both the United States and the Soviet Union provided supplies, facilities, and training to Middle Eastern countries in an effort to promote nuclear power. The governments of Jordan and Egypt expressed interest at the time in developing nuclear power facilities in the mid-1950s, and the Soviet Union began construction on a research reactor in Egypt in 1961. Similar reactors were built in Iraq in 1967 and in Libya in 1981. In 1995, Russia’s Ministry of Atomic Energy signed a contract to take over construction of the Bushehr plant.

 
In 2010, Rosatom was granted the right to open offices in embassies abroad by a change in laws governing its operations. It did so in Dubai and Beijing in April of 2016, and the company’s website now boasts over $133 billion USD in overseas orders for its products.
 
Rosatom has also partnered with the International Atomic Energy Agency to fund nuclear infrastructure development internationally, pledging $1.8 million as well as equipment and expertise to equip countries that hope to develop nuclear power capacities in the future.
 
Experts have expressed concern that these ambitious development plans are proceeding without adequate plans for disposal of nuclear waste. The Bellona Foundation, an organization that conducts independent research into international nuclear and environmental issues, has been critical of the lack of planning for nuclear waste processing and disposal, and has pointed out that dependency on Russia for nuclear fuel may leave countries particularly vulnerable in the event of a sour political climate.

June 23, 2017 Posted by | marketing, politics international, Russia | Leave a comment

Russia holds AtomExpo – a triumph of nuclear marketing

Further agreements flow from AtomExpo, World Nuclear News, 21 June 2017  More cooperation agreements and contracts have been signed by Russian state nuclear corporation Rosatom and its subsidiaries during the IX AtomExpo International Forum it is hosting this week in Moscow. The latest agreements, with Asian and European companies, cover collaboration in a wide range of nuclear-related areas and beyond.

A cooperation program for 2017-2019 was signed yesterday by Rosatom and French energy company Engie. The document was signed by Kirill Komarov, first deputy director-general for international business at Rosatom, and Jan Bartak, Engie nuclear development director. The cooperation program contains more than 20 specific projects in the field of nuclear power plant maintenance and nuclear fuel cycle services.

Rosatom’s nuclear fuel manufacturing subsidiary Tenex signed an agreement with Belgium’s Synatom to extend an existing long-term enriched uranium supply contract. The document envisages extending the contract until 2022 and increasing the volume of enriched uranium exported. Tenex has been supplying uranium products to Synatom since 1975.

Czech Republic  An MOU to cooperate in repairing welding joints in steam generator vessels for VVER-440 units was signed between JSC Rusatom Service and the Czech Republic’s Skoda JS. The aim of the MOU is to develop cooperation between the two companies and identify specific projects for collaboration.

The two companies also signed a contract on the delivery of equipment for unit 2 of the Metsamor nuclear power plant in Armenia. Skoda JS will supply equipment for the control and protection system, which is to be replaced during a scheduled outage in 2018 as part of work to extend the operating period of the unit.

Rosatom’s Komarov also signed an MOU with the Czech Power Industry Alliance (CPIA) aimed at developing cooperation in nuclear energy. “That implies, first of all, CPIA member countries’ participation in Rosatom’s projects in Russia and abroad,” Rosatom said. “In its turn, the Alliance is ready to assist in obtaining export finance for Czech companies to be able to take part in the projects.”

Asian collaboration…….

Workforce development  An MOU in the area of personnel training for nuclear power programs was signed yesterday between Rosatom Central Institute for Continuing Education and Training (Rosatom-CICE&T) and global testing, inspection and certification services company Bureau Veritas.

Signed by Rosatom-CICE&T rector Iurii Seleznev and Bureau Veritas vice president of nuclear services in Europe Laurent Kueny, the MOU aims to foster cooperation in the field of research, education and training in nuclear science and technology. The organisations agreed to collaborate in such areas as the exchange of materials and lecturers, as well as distance learning……..http://www.world-nuclear-news.org/C-Further-agreements-flow-from-AtomExpo-2106174.html

June 23, 2017 Posted by | marketing, Russia | Leave a comment