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Vladimir Vinogradov's picture

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  • Feb 24, 2022

N published - 22 February 2022 - Rosatom has registered a new company – JSC Rusatom Energy Projects — that will promote and contract on the world market the entire product line of the state corporation: from high-capacity nuclear power plants (NPPs) to microreactors.

"Taking into account the large-scale plans for the construction of new carbon-free generation facilities in the world as part of the global energy transition, additional concentration of Rosatom's efforts in the market for the construction of nuclear power plants abroad is necessary,” Rosatom said.

To solve this problem, Rosatom decided to create a new company based on JSC Rusatom Overseas (JSC RAOS), "which since its inception has significantly outgrown its original goals and objectives, in fact becoming a successful engineering and business development company".

Currently RAOS is building a Centre for Nuclear Research and Technology in Bolivia, several centres of nuclear medicine in the Russian Federation, is implementing a project to build the first low-power ground-based nuclear power plant in Yakutia, and is developing a promising area of hydrogen energy.

The function of the new JSC Rusatom Energy Projects, in addition to international sales of the integrated offer of NPPs, will also include the completion of the power and technological range of solutions (from ultra-low power to generation IV reactors) to meet the demand of various categories of potential consumers.

Andrey Rozhdestvin, who previously held the position of Regional Vice President for Western Europe at Rusatom - International Network, which also promotes Rosatom products to the world market – has been appointed General Director of JSC Rusatom Energy Projects.

Rosatom said it currently controls over 70% of the nulcear power plant export market. In the past few years alone, unique package agreements have been signed for the construction of eight new units in Egypt and China. The portfolio of orders for the construction of nuclear power plants abroad is unprecedented: 35 power units in 12 countries. Work continues actively on contracting new units in India, Uzbekistan, Kazakhstan, Saudi Arabia and other countries.

WOGNEWS, Global Energy Market News is a publicly available information portal about the global energy market and industry. The portal contains information in text, video and photo formats since January, 2014.
Bob Meinetz's picture
Bob Meinetz on Feb 24, 2022

Vladimir, I think Putin's deplorable aggression in Ukraine will force many countries to reconsider doing business with Russia - to the detriment of the Russian people, and the country's remarkable progress with nuclear energy.
These actions have repercussions - and right now, dependence on Russia for energy, especially for its neighbors, has dire implications for their sovereignty in the future.

Vladimir Vinogradov's picture
Vladimir Vinogradov on Mar 3, 2022

Bob, nuclear energy is a priority in Russia's energy strategy. Its share in Russia's energy balance should grow to 20%. This aggression is deplorable, you are right.

Bob Meinetz's picture
Bob Meinetz on Mar 3, 2022

Vladimir, Russia's economy and energy strategy are going nowhere until Putin withdraws from Ukraine. I don't think people in Russia realize the magnitude of the humanitarian crisis there, and how the world has unified in opposition to his war crimes.
Putin has two choices now: either leave Ukraine or accept his country will be reduced to a 19th-century agrarian autocracy, one on par with North Korea, isolated from the civilized world. He has no place here.

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Thank Vladimir for the Post!
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