Nuclear Reactors 371 - 10 Billion Dollars Worth Of Deals Signed At Russian AtomExpo 2016

Nuclear Reactors 371 - 10 Billion Dollars Worth Of Deals Signed At Russian AtomExpo 2016

        The VIII International Forum ATOMEXPO 2016 was held on May 30th - June 1st of 2016 in Moscow, Russia. ATOMEXPO is the "largest exhibition venue for meetings and negotiations between world leaders of the nuclear power sector." "The goal of the Forum is to promote international cooperation between the Russian Federation and the countries of Latin America, Pacific Asia, Africa, Central and Eastern Europe in the field of nuclear power, and to discuss Russia’s proposal on developing national energy programs."

        Rosatom, the government owned nuclear company said that at ATOMEXPO, thirty documents were signed between clients and Rosatom dealing with nuclear fuel, project finance, human resources and international cooperation for the peaceful use of nuclear energy. Bolivia, Indonesia, Kenya, Nigeria, Tanzania and Zambia all signed agreement with Rosatom at the expo. Ultimately, the deals signed at the expo may be worth as much as ten billion dollars.

       Zambia signed agreements with Rosatom that deal with the establishment of a nuclear technology training center and training of Zambian nuclear technicians in Russia. The Zambia agreement also covers opportunities for the construction of nuclear power facilities in Zambia.

      Rosatom and Kenya signed a memorandum of understanding (MoU) that covers developing nuclear infrastructure, nuclear research, design and construction of power and research reactors, production and use of radioisotopes, management of radioactive waste, and education of specialists in nuclear technology.

     The Rusatom International Network (a subsidiary of Rosatom) and the National Nuclear Center of the Republic of Kazakhstan signed a MoU to cooperate on the exchange of information about experience in the peaceful use of nuclear power, including development of human resources and joint education program, research and development, and environmental programs.

      Rusatom Services (a subsidiary of Rosatom) signed a MoU with the Czech Republic company Skoda JS dealing with services relating to the modernization and extension of operational lifetimes of the aging Czech reactor fleet. The agreement also covers cooperation in the completion of two power reactors at the Mochovce nuclear power plant in Slovakia. The two companies will be collaborating on supplying services for maintenance, repair, operation support and supply of equipment and spare parts for nuclear power plants around the world.

    The Regional Network for Education in Nuclear Technology (STAR-NET) is a collaboration between educational institutions and nuclear industry training centers in Armenia, Azerbaijan, Belarus, Kazakhstan, Russia and Ukraine to facilitate education, professional training and promote knowledge transfer in the nuclear sector. STAR-NET signed documents on cooperation with the International Atomic Energy Agency at the expo.

      Rosatom's nuclear fuel manufacturer TVEL signed a "roadmap"  for cooperation on the nuclear fuel cycle with Indonesia's National Atomic Energy Agency. TVEL may supply nuclear fuel to a research reactor in Indonesia. 

      Rosatom and the French energy company Engie signed a MoU on cooperation to maintain and upgrade nuclear power plants that are based on Russian and non-Russia designs.

       The Rusatom International Network signed a MoU with Assystem, a French engineering group, dealing with nuclear engineering and certification in Europe, the Middle East, North Africa and other countries. The agreement also covered a mutual interest in participating in the construction of new reactors in third countries, the decommissioning of old reactors and the management of nuclear waste.