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.
Moscow Times 9th May 2019 read more »
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.
World Nuclear News 10th May 2019 read more »