Commodities and Futures News

Ukraine signs deal with Westinghouse to end Russian nuclear fuel needs

2022.06.03 14:11

2/2
Ukraine signs deal with Westinghouse to end Russian nuclear fuel needs
FILE PHOTO: A general view of Khmelnitsky Nuclear Power Plant near Khmelnitsky, Ukraine in this March 27, 2008 file picture. REUTERS/Stringer

2/2

KYIV (Reuters) – Ukraine has signed a deal for the U.S. nuclear power company Westinghouse to supply fuel to all of its atomic power stations in an effort to end the country’s reliance on Russian supplies, Ukraine’s state nuclear company said on Friday.

The agreement also increases the number of new nuclear units Westinghouse will build to nine from an earlier five, and the company will establish an engineering centre in the country.

Ukraine has four working nuclear power stations, the largest of which, in Zaporizhzhia, fell under Russian control days after the Russian invasion began in February but is still operated by Ukrainian technicians.

Building on earlier agreements, the deal with Westinghouse stipulates that the company will supply fuel to all of Ukraine’s atomic plants.

Nuclear power covers around a half of all Ukrainian electricity needs and the energy minister said that in future Ukraine could also be a supplier of electricity to western Europe.

“We will modernise our fleet of nuclear power units, which will produce clean, safe and reliable energy without any Russian influence,” Energy Minister Herman Halushchenko said, according to a statement by the state atomic energy company Energoatom.

Energoatom on Thursday denied a report that it might shut down the Zaporizhzhia plant if Kyiv loses control of operations at the site.

Ukraine has repeatedly raised safety concerns about the plant since Russia’s invasion began on Feb. 24. On Friday, it warned that it was running out of spare parts.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 103,697.78 0.60%
ethereum
Ethereum (ETH) $ 3,301.43 1.69%
xrp
XRP (XRP) $ 3.09 2.43%
tether
Tether (USDT) $ 1.00 0.05%
solana
Solana (SOL) $ 254.04 0.29%
bnb
BNB (BNB) $ 686.41 1.10%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.348664 3.19%
cardano
Cardano (ADA) $ 0.974867 0.49%
staked-ether
Lido Staked Ether (STETH) $ 3,301.37 1.83%
tron
TRON (TRX) $ 0.252096 0.76%
chainlink
Chainlink (LINK) $ 25.39 1.22%
avalanche-2
Avalanche (AVAX) $ 35.26 3.55%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,958.17 2.73%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,713.79 0.72%
stellar
Stellar (XLM) $ 0.427222 0.13%
sui
Sui (SUI) $ 4.23 4.86%
the-open-network
Toncoin (TON) $ 5.09 3.73%
hedera-hashgraph
Hedera (HBAR) $ 0.320828 1.35%
shiba-inu
Shiba Inu (SHIB) $ 0.00002 0.97%
weth
WETH (WETH) $ 3,299.76 1.66%
polkadot
Polkadot (DOT) $ 6.28 2.31%
leo-token
LEO Token (LEO) $ 9.71 0.48%
bitget-token
Bitget Token (BGB) $ 7.22 2.38%
litecoin
Litecoin (LTC) $ 114.07 1.03%
bitcoin-cash
Bitcoin Cash (BCH) $ 430.94 0.70%
uniswap
Uniswap (UNI) $ 12.68 1.36%
hyperliquid
Hyperliquid (HYPE) $ 21.57 10.98%
official-trump
Official Trump (TRUMP) $ 33.86 10.30%
usds
USDS (USDS) $ 0.999315 0.03%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,501.63 2.17%
pepe
Pepe (PEPE) $ 0.000015 0.19%
near
NEAR Protocol (NEAR) $ 4.91 2.93%
ethena-usde
Ethena USDe (USDE) $ 0.999898 0.23%
aave
Aave (AAVE) $ 333.06 3.69%
aptos
Aptos (APT) $ 8.24 2.39%
internet-computer
Internet Computer (ICP) $ 9.08 0.91%
ethereum-classic
Ethereum Classic (ETC) $ 28.46 5.89%
ondo-finance
Ondo (ONDO) $ 1.34 4.02%
mantle
Mantle (MNT) $ 1.20 10.19%
whitebit
WhiteBIT Coin (WBT) $ 28.12 0.75%
monero
Monero (XMR) $ 217.85 1.84%
vechain
VeChain (VET) $ 0.047985 0.03%
crypto-com-chain
Cronos (CRO) $ 0.136736 1.36%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.436974 0.76%
render-token
Render (RENDER) $ 6.98 0.32%
jupiter-exchange-solana
Jupiter (JUP) $ 0.817985 4.21%
mantra-dao
MANTRA (OM) $ 3.69 0.12%
dai
Dai (DAI) $ 1.00 0.01%
layer-one-x-2
Layer One X (L1X) $ 26.64 532.62%