It’s funny how nuclear energy can sometimes be sucked into larger geopolitical considerations. Case in point, this week’s proposal by Russian Prime Minister Vladimir Putin to create a nuclear power holding company with Ukraine: “We have made massive proposals, referring to generation, nuclear power engineering, and nuclear fuel,” Putin told reporters after a meeting with Ukrainian President Viktor Yanukovych in Kiev today. Any cooperation may be phased, Putin said after the surprise visit to Kiev. On the face of it, it sounds good for both partners: “Ukraine will get $40 billion to $45 billion of investment from Russia in the next ten years because of a gas agreement reached last week, with fuel supplies subsidized by Russia’s budget, Putin said.” Russia gets “…to take “an active part” in upgrading Ukrainian reactors and will allow Ukrainian partners on the Russian market, Putin said. Nuclear cooperation in third countries is also possible, he said.” But t...
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.