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Thursday, April 17, 2008

Russia eyes Kaliningrad site for 1 gigawatt nuclear power station

Rosatom nuclear energy agency head Sergei Kiriyenko said Russia wants build a nuclear power plant in the Kaliningrad territory in order to provide electricity to domestic and international markets, Interfax reported.

He added that Rosatom has already chosen a site for the plant, which will have a capacity of more than 1 gigawatt.

Rosatom also plans to call an international tender in order to select an investor for the plant construction.

The winning bidder will also be offered a 49 percent stake in the project.

Kiriyenko expects that European firms will supply 40 percent to 50 percent of the equipment for the plant.

(Source: Forbes)


Anonymous said...

Maybe if they go to 1500 MW this plant can supply the other Baltic countries after their reactors get shut down.

The EU seems super cautious and slow moving. While Russia is moving fast and going big.


Alexandra Prokopenko said...

That could be a solution. Finally, Russia is not an enemy to the Baltic states as someone might think. If you look at the trade volumes, cooperation in transport, military etc., in spite of the Baltics joining the EU, Russia is an important partner for them and vice versa. Oil pipeline to Ventspils in Latvia, for example, is also powered by electricity from Ignalina. So Russia is one of the interested actors and the one who can really sove this problem by replacing the Ignalina plant by another one in Kaliningrad region. Kaliningrad region, at least, needs more jobs.
The only problem here now that the reactor is not a cottage house to build, it takes time. And one of the Lithuanian reactors is already down, while the second one is planned to shut down next year.

Anonymous said...

I am a believer that high energy like heavy industry tends to be high paying good jobs. A 3 billion nuclear plant probably creates 400 or more permanent high paying jobs. Compared to financing costs wages are a small amount, so they can happily pay high wages.

Then connect it to like a giant smelter that drinks electricity that employs thousands at a high pay. And provides tax for local government.