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Russia May Need 40 New Nuclear Reactors By 2030

1 February 2006 -- The head of Russia's Federal Atomic Energy Agency says Russia needs to build another 40 nuclear reactors by 2030.

Rosenergoatom chief Sergei Kiriyenko said the reactors are essential if Russia is to increase the share of energy produced by nuclear sources to 25 percent, from the current 16-17 percent.

He also said Russia would need to restore production ties with nuclear-related industries in other former Soviet republics "to the maximum extent possible."

While the former Soviet Union's major nuclear-related industrial facilities are located in Russia, Kazakhstan is home to key uranium mining facilities and Ukraine manufactures turbines for nuclear power plants.

Kiriyenko also said today that his agency will be transformed into a joint-stock company within a year, but will remain fully state-owned.

(AP, Interfax)

Copyright (c) 2006. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036. www.rferl.org