Tag : expected

Sochi, Russia (The Hawk): Over the next two to three decades, a top corporate executive at Russia's integrated nuclear power giant Rosatom predicted that a number of new clients will join the firm's clientele. Speaking at the international nuclear power industry exhibition-cum-conference here, Director General Alexey Likhachev predicted that new members of the "nuclear club," such as Bangladesh, Uzbekistan, Kazakhstan, Kyrgyzstan, Turkey, Egypt, and Saudi Arabia, would experience the greatest growth in the company's portfolio over the next 20 to 30 years. Several African nations, according to Likhachev, have already finalised their first agreements with Rosatom and are planning their subsequent projects. He continued by saying that small nuclear power plant technology will advance over the next 10 to 15 years with the development of generation 3+ power units. The operation of thermal and fast reactors simultaneously with a closed nuclear fuel cycle will then resolve the transition to a dual-component nuclear power system by the middle of the 2050s. He added that thermonuclear fusion technology will be relied upon throughout the long run, or at least for the next 50 years. 11 power plants have been constructed by Rosatom in Russia and overseas in the fifteen years since its founding. It has already negotiated intergovernmental agreements for 34 power units while constructing 23 power units overseas in eight different nations. One of the nations for which Rosatom has contracted to provide six 1,000 MW nuclear power stations, of which two are operational and four are in the building phase, is India. Hungary is developing a practical and well-thought-out energy strategy, according to Peter Szijjarto, the country's minister of forei ...