Rosatom

Czech Ministers Call for Russian Firm's Exclusion from Energy Bid

Monday, March 10, 2014

Human Rights Minister Says Rosatom Should Not continue with Temelin Bid

PRAGUE—Czech ministers for human rights and defense said on Monday that they think the Russian state-run nuclear engineering company Rosatom should be excluded from a $10 billion tender for new reactors following Moscow's occupation of the Crimean peninsula.

"I personally cannot imagine that the Russians would continue to participate in the tender to expand Temelin," said Jiri Dienstbier Jr, Minister for Human Rights.

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Czech nuclear power project in turmoil

Monday, February 10, 2014

The chief executive of Czech energy group CEZ says his company may be forced to pull out of building costly new nuclear reactors at Temelin power plant if the new government says it is not open to providing price guarantees on Temelin power generated by the new units.

The new Czech government’s threat to abandon a tender for the $15bn project would leave CEZ AS and the bidders to build the nuclear reactors with large losses.

A Russian-Czech group led by Rosatom has invested heavily in the tender for two new reactors at the Temelin announced in 2009, while rival bidder Westinghouse Electric LLC also said it’s incurred “very significant costs”.

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More partners pull out of Fennovoima nuclear project

Friday, November 15, 2013

The consortium of Finnish power companies backing a planned nuclear power plant in Pyhäjoki, western Finland is shrinking. Some 15 members of the Fennovoima public power consortium announced Thursday that they were pulling out of the project, leaving 45 partners still on board.

Thursday’s development saw 15 members of the Voimaosakeyhtiö SF announce their withdrawal from the planned nuclear power project in Ostrobothnia, western Finland. Voimaosakeyhtiö is a power consortium comprising 67 companies who jointly own Fennovoima.

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Bulgarian Parliament Confirms Decision to Scrap Belene N-Plant

Thursday, February 28, 2013

Bulgaria's Parliament confirmed Wednesday the country's decision to abandon the Belene nuclear power plant project.

The vote was prompted by a recent referendum on the construction of a new nuclear power plant in the country.

Under the law, the recent referendum results imposed for the Belene NPP to be put back on the Parliament's agenda, as voter turnout slightly exceeded 20%. 61% of the voters said "yes" to the construction of a new nuclear power plant; 39% cast a "no" ballot.

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Russia is keen in the Lithuanian nuclear power plant project

Tuesday, February 26, 2013

Vydas Gedvilas, speaker of the Lithuanian parliament, said last week that he had a meeting with representatives of Russian energy company Rosatom ten days ago to discuss possible involvement of Rosatom in the Visaginas NPP project.

Gedvilas said in an interview to TV3 that representatives of Rosatom had confirmed that they were interested in the project.

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Finland's Fennovoima says may downsize reactor project

Monday, February 25, 2013

HELSINKI, Feb 25 (Reuters) - Finnish nuclear consortium Fennovoima said it was considering scaling back its planned nuclear reactor project in northern Finland after the exit of its top investor German utility E.ON.

It said it would choose Japan's Toshiba if it went ahead with original plans for a large, 1,600-megawatt reactor, dropping Areva who was previously another candidate.

Areva, Toshiba and Russia's Rosatom could be suppliers for a medium-sized reactor, Fennovoima said.

It said it aimed to choose the reactor supplier this year.

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Privatisation of Russian state nuclear giant

Friday, February 3, 2012

Having spent five years combining its nuclear power, engineering and research enterprises into the single entity of Rosatom, the Russian government now sees privatisation of the firm as part of a plan for industrial modernisation.

Rosatom is just one of several vertically integrated state holding companies Russia established to "discourage the decline of the more intellectual sectors of national industry" in the post-Soviet era, wrote Vladimir Putin in the Vedomosti newspaper on 30 January.

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Siemens to quit nuclear industry

Monday, September 19, 2011

German industrial and engineering conglomerate Siemens is to withdraw entirely from the nuclear industry.

The move is a response to the Fukushima nuclear disaster in Japan in March, chief executive Peter Loescher said.

He told Spiegel magazine it was the firm's answer to "the clear positioning of German society and politics for a pullout from nuclear energy".

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Initial construction work at Belarus NPP to begin in Aug-Sep 2011

Tuesday, February 15, 2011

Initial construction work at the Belarus nuclear power plant will begin in August or September 2011, First Vice Prime Minister Vladimir Smeashko said on Monday, February 14.

"We are beginning to build a nuclear power plant this year. The preparatory period is drawing to an end, the document has been signed, according to which initial construction work will begin from the end of August or the beginning of September," he said.

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Rosatom could exit Belene nuclear plant project

Wednesday, February 9, 2011

Russian nuclear power engineering company Atomstroyexport has advised its owner, state power corporation Rosatom, to drop Bulgaria's Belene nuclear power project, French daily La Tribune reported, citing a letter that Atomstroyexport sent to its parent.

Rosatom told Dnevnik it would not comment on the letter as it was an internal document and the company was yet to decide whether to exit the project. The proposed withdrawal would be considered a possibility only if Rosatom failed to sign its 12th consecutive agreement with Bulgaria, the company said.

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