Nuclear industry peters out
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30/05/1995
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Down To Earth
RUSSIA's nuclear industry faces a battle for survival in the coming years. Last year, the industry produced 97.8 billion kilowatts (kw) of electricity, 18 per cent less than in 1993 - the decline apparently caused by fuel shortages, transmission problems and reduced demand.
The main problem is finance. At present, the nuclear plants are receiving only 45 per cent of w 'hat they are owed for the electricity supplied by them. Two of the biggest production associations - Mayak in the Urals which. reprocesses spent fuel and stores waste, and Atom-Mash in the Volga region which used to make reactors - have become insolvent.
The minister of atomic energy, Victor Mikhailov, does not believe that the industry is dying. He has drawn up a plan for nuclear power development which focuses on modernising existing plants, replacing old reactors and boosting nuclear trade.
The industry had requested, in vain, a budgetary allocation of 1,000 billion roubles as long-term credit. Promised international funds to help improve plant safety have also not been forthcoming.
The main problem is finance. At present, the nuclear plants are receiving only 45 per cent of w 'hat they are owed for the electricity supplied by them. Two of the biggest production associations - Mayak in the Urals which. reprocesses spent fuel and stores waste, and Atom-Mash in the Volga region which used to make reactors - have become insolvent.
The minister of atomic energy, Victor Mikhailov, does not believe that the industry is dying. He has drawn up a plan for nuclear power development which focuses on modernising existing plants, replacing old reactors and boosting nuclear trade.
The industry had requested, in vain, a budgetary allocation of 1,000 billion roubles as long-term credit. Promised international funds to help improve plant safety have also not been forthcoming.