Russia to increase nuclear investment

1 January 2002

Minatom has adopted an investment policy for the nuclear energy sector based on an increase in the production of nuclear electricity from 138 to 168TWh by 2004. By 2010, the production of nuclear electricity will be equivalent to that produced by burning 67 billion m3 of gas.

The programme anticipates the implementation of 123 large investment projects by 2010, including enhancing safety at operating plants, and the construction of new units. A priority plan is to complete the construction of four new units at Kalinin (2003), Kursk (2002), Rostov-Volgodonsk (2005) and Balakovo (2009). Finance is also set aside for decommissioning 10 units at Novovoronezh, Beloyarsk, Bilibino and Kursk.

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