“Russia lost 15 reactors…for loading of their fuel because of their aggression," said Petro Kotin, who leads Ukraine’s state nuclear company, Energoatom. It also struggled at times to compete with low prices offered by TVEL, the fuel division of Russian state-owned nuclear company Rosatom. It occupied Ukraine’s largest nuclear power station, Zaporizhzhia, and targeted other energy infrastructure with missiles and explosive aerial drones. EU imports of Russian nuclear fuel shot up in 2023 as utilities stockpiled supplies, trade data shows, but that could be short-lived. Delays and cost overruns are common when building nuclear reactors, said Mycle Schneider, an independent nuclear-policy analyst who is often critical of the industry.
Source: Wall Street Journal June 07, 2024 10:29 UTC