Ukraine plans to sign an agreement to construct new nuclear power reactors by the end of this year, Ukrainian prime minister Arseniy Yatsenyuk told the country's cabinet of ministers today.
"The problem is that the [planned] units were designed according to Russian reactors, but we are finding a solution and intend to sign an agreement on the construction of new units by the end of this year," Yatsenyuk said, according to Russian news agency Itar-Tass.
Westinghouse, the Japanese-US atomic group, is pressing the EU to introduce competition rules that will break eastern Europe’s dependence on Russian nuclear fuel.
While the crisis in Ukraine has focused attention on Europe’s vulnerability to a cut in supplies of gas from Russia, Westinghouse argues that Brussels must also respond to similar security risks posed by Moscow’s control of nuclear fuel in the eastern EU.
SOFIA, Aug 1 (Reuters) - Bulgaria, one of five EU states that depend totally on Russia for nuclear fuel, and Westinghouse Electric Company signed a shareholder agreement on Friday paving the way for construction of a new nuclear reactor estimated to cost $5 billion.
The deal, which still requires the approval of Bulgaria's next government, will help the Balkan country reduce its energy dependence on Russia at a time of increased tensions between Moscow and the European Union over Ukraine.
It's not just natural gas that keeps Ukraine under Russia's thumb. Almost all the fuel for Ukraine's 15 nuclear reactors comes from Russia, too.
But just as Ukraine is struggling to diversify away from Russian natural gas, it is also eager to break Moscow's virtual monopoly over its nuclear fuel.
Pennsylvania-based Westinghouse Electric Co. told various media outlets this week it will renew a contract with Ukraine's Energoatom that will extend and expand its flow of nuclear fuel to the struggling nation. The deal is valued at $100 million.
During a regular maintenance of the nuclear power plant “Krsko” in Slovenia damages have been found on bars for the nuclear fuel. It was determined that one of the bars fell down to the bottom of the reactor with water.
Nuclear plant is still functioning, but it is not known until when, although reasons for this incident are unknown.
China is poised to make a dramatic intervention in Britain's energy future by offering to invest billions of pounds in building a series of new nuclear power stations.
Officials from China's nuclear industry have been in high-level talks with ministers and officials at the Department of Energy and Climate Change (DECC) this week about a plan that could eventually involve up to five different reactors being built at a total cost of £35bn.
The UK nuclear regulator said Wednesday it expects both the Areva EPR and the Westinghouse AP1000 reactors to have unresolved safety issues when the generic design assessment, or GDA, program completes next year. In a quarterly progress report released Wednesday, the NII said it has potential open issues in 10 out of 18 topical areas on the Areva EPR design review and in 16 out of the 18 topical areas on the Westinghouse AP1000 design.
MOSCOW — The Russian nuclear industry has profited handsomely from building reactors in developing countries, including India, China and Iran. Now it is testing the prospect of becoming a major supplier to the European Union, too.
CEZ AS, the Czech Republic’s largest power producer, will delay the construction of two additional reactors at its Temelin nuclear power plant, Hospodarske Noviny reports, citing Industry and Trade Minister Martin Kocourek.
The construction could be delayed by as much as several years, the newspaper said, citing an unidentified person from the company. The main reason is uncertain demand for electricity after 2020, according to the report.
KIEV, September 26 (RIA Novosti) - Ukraine's government has proposed allocating 450 million hryvnias ($90 million) in next year's budget to set up a strategic nuclear fuel reserve, the country's UNIAN new agency said.
"I think we will start gradually forming a fuel reserve next year," Yuri Nedashkovsky, head of state nuclear power utility Energoatom, was quoted as saying on Thursday.
He said the allocation had been included in the draft budget for 2009.
