Ukraine rss

Energoatom awaits approval for energy bridge tender

Nuclear Policies

18 April 2018

Stanislavsky and Kulczyk meet Energoatom - 48Ukrainian nuclear power plant operator Energoatom expects the country's Cabinet of Ministers to approve soon tender documentation to attract a private partner for the 'energy bridge' project. The project aims to make the export of electricity to the European Union possible by disconnecting unit 2 of the Khmelnitsky nuclear power plant from the Ukrainian national grid, and to attract funding required to complete units 3 and 4 at the plant.

MOU sees Holtec SMR-160 for Ukraine

Corporate

02 March 2018

Holtec-Energoatom-MOU-(Holtec)-48A memorandum of understanding signed by Holtec International and Energoatom envisages the adoption by Ukraine of Holtec's small modular reactor technology with the country becoming a manufacturing hub for SMR-160 reactor components. Separately, the US Nuclear Regulatory Commission has begun a technical review of an application by Holtec for a consolidated spent fuel interim storage facility proposed for southeastern New Mexico.

Westinghouse extends Ukrainian fuel supply to 2025

Corporate

30 January 2018

Energoatom-Westinghouse - January 2018 - 48Westinghouse Electric Company announced yesterday it has signed a contract with Energoatom that extends its supply of nuclear fuel to VVER nuclear power plants in Ukraine from 2020 to 2025. The contract was signed by Aziz Dag, Westinghouse vice president and managing director for Northern Europe, and Yury Nedashkovsky, Energoatom president and CEO.

Energoatom counts cost of regulatory changes

Corporate

19 March 2018

Nedashkovsky briefing the Balancing Committee - 48Electricity prices in Ukraine are too low to enable the country's nuclear power plant operator to cover the cost of its fuel, its president and CEO said last week. In addition, the regulator's new methodology for calculating the cost of nuclear fuel purchases is restricted to new contracts.

Ukraine secures US funding for storage facility

Waste and Recycling

15 February 2018

Financing agreement for used fuel store - 48The Overseas Private Investment Corporation has overseen a "political risk insurance contract" for the Central Spent Fuel Storage Facility at the site of the Chernobyl nuclear power plant in Ukraine. OPIC, the US government's development finance institution, is providing insurance to support the project trust's $250 million fixed-rate bond securities issuance in US capital markets.

Chernobyl confinement structure nears completion

Waste and Recycling

29 November 2017

Chernobyl NSC - 48Installation of critical systems is progressing within the New Safe Confinement covering the damaged unit 4 of the Chernobyl nuclear power plant in Ukraine. The enormous arched structure was put in place one year ago and is expected to be commissioned in the first half of 2018.