Rosatom interested in the market of research reactors

28.06.2016

The market of research nuclear reactors is interesting for Rosatom. Director General of State Corporation Rosatom Sergei Kiriyenko talked about this in an interview with TASS new agency on the sidelines of the 20th St. Petersburg International Economic Forum. “Of course, newcomers are more interested in small and medium-sized reactors, because many of them do not have extensive networks on island territories where you need to ensure a guaranteed supply of energy. Transporting hydrocarbons or other sources of raw materials there is very expensive,” the head of Rosatom said.

Yuri Prokudin, an expert at FX BAZOOKA, said that nuclear power industry comprises a big number of important areas and is not limited to the construction of nuclear power plants and reactors only, BelTA informs. Today new technology is actively used in healthcare, science and other areas. This stresses the necessity for the development of other ‘products’ in the sector. Research reactors are one of such ‘products’. Their relevance is rising every year, especially for developing countries.

Rosatom does not view the market of research reactors as its major venue, even in the future. The Russian company, however, finds it very important. Research reactors may cost ten to twenty times less than one standard power-generating unit for a nuclear plant, and their construction takes considerably less time. Besides, Rosatom already has experience in building such reactors, and today there are half a hundred research reactors in Russia. Another 20 reactors were erected abroad using the Russian design.

Potentially, by boosting the output of research reactors Rosatom will get access to the markets that do not need nuclear power plants yet or at all, but have interest in such technologies. Eventually, this will also help the company increase its foreign order portfolio, which aligns perfectly with Rosatom’s plans to increase potential revenues in 2016 and beyond.

Tags: construction , cooperation , nuclear power industry , nuclear technologies , power plant , reactor , Russia , technologies

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