The Arctic as a resource base
What’s wrong with Russia’s official documents on the Arctic.
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Publish date: August 26, 1997
Written by: Igor Kudrik
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The power plant is to be constructed under supervision of the Institute for Atomic Energy Research (NITI) in Sosnovy Bor. The Institute has three research reactors in operation, which are mainly used to research new technology for use both in submarines and civilian nuclear installations. The experimental plant will both produce energy and be a showcase for Russia’s newest reactor design, aimed at increasing sales to foreign countries.
The time schedule has not been made public yet, but according to Sosnovy Bor environmental group The Green World, NITI has started to recruit personnel for the project. Safety measures for the plant are worked out in close co-operation with German Siemens.
Estimated construction costs exceed 2 billion USD. The funding is to come through the federal budget, the Leningrad county budget, and from profits earned through energy exports from the currently operating Leningrad nuclear power plant. In addition, Minatom plans include loans from Russian banks and European financial institutions.
What’s wrong with Russia’s official documents on the Arctic.
As uranium supplies from Russia fall under the shadow of potential sanctions, and while Ukraine’s allies look to wean themselves off nuclear fuel produced by Moscow’s Rosatom corporation, owners of left-for-dead mines in the US are looking to revive their deposits.
The European Union doubled its purchases of Russian nuclear fuel in 2023, data from Eurostat and the UN’s international trade service Comtrade show.
The output of Russian nuclear power plants in 2023 decreased by 2.8% compared to 2022. A decrease in output occurred for the first time in 10 years a...