
Russia’s Chernobyl-style reactors to keep operating until the end of the decade
Recent announcements by Russian nuclear officials that they will extend the runtimes of several Chernobyl-style RBMK nuclear reactors shed light on t...
News
Publish date: December 19, 2007
News
The state-run corporation has developed a new type of fuel assembly- the TVS Kvadrat – for use with reactors typically used in the West. The contracts are slated to be signed in early 2008.
TVEL, which accounts for 17 percent of the global nuclear fuel market, intends to almost double its share by 2030.
The company – which will soon become part of the Russian nuclear behemoth state corporation Atomenergoprom, which will oversee every aspect of the Russian nuclear fuel cycle, including oversight – has developed a new type of fuel assembly, the TVS-Kvadrat, for use in Western-type nuclear reactors.
"We plan to sign an agreement with General Electric to promote our fuel on the U.S. nuclear power plant market," TVEL President Yury Olenin said in a statement.
"We believe the situation is ripe for a major breakthrough on the U.S. market."
General Electric would license the Russian nuclear fuel in exchange for receiving TVEL’s technology, he said
Olenin was also upbeat about prospects for European markets, saying TVEL had received technical documents for fuel licensing from a European company, but did not specify the company’s name.
Olenin expressed optimism about TVEL’s prospects in European markets, saying the company TVEL received technical documents for fuel licensing from a European company, but declined to name the company, RIA Novosti said.
TVEL’s TVS-Kvadrat will undergo pre-reactor testing for three years, which will be followed by another three years of operation tests in a European reactor, which Olenin said had already been selected. The agreement with the European company could be signed in February 2008, Olenin said.
"We plan to attain a 30 percent share of global nuclear supplies, which in effect means leadership," he said.
Olenin said the company was seeking to bring in an additional 5.3 billion roubles ($215 million) with world market innovations and by opening new markets.
TVEL-produced fuel currently runs 73 commercial and 30 research reactors in 13 countries worldwide.
Recent announcements by Russian nuclear officials that they will extend the runtimes of several Chernobyl-style RBMK nuclear reactors shed light on t...
Europe’s only multi-source, injection-ready CO₂ storage site will more than triple its capacity by 2028. The decision follows an agreement with Stockholm Exergi to transport and store up to 800 – 900 kilotonnes of CO₂ per year. “This decision is years in the making, and the culmination of decades of hard work from many, Bellona included” says Bellona Europa Director Jonas Helseth.
Days after the Trump administration floated the idea of assuming control of Ukraine’s embattled Zaporizhzhia nuclear plant as part of the nascent pea...
During a call between President Volodymyr Zelensky of Ukraine and US President Donald Trump, the US leader reportedly floated an unusual idea—that Ky...