Business news from Ukraine

WESTINGHOUSE READY TO FULLY PROVIDE ALL UKRAINIAN NUCLEAR POWER PLANTS WITH NUCLEAR FUEL

Westinghouse (the United States) is ready to fully provide all Ukrainian nuclear power plants (NPP) with nuclear fuel, the press service of the Ministry of Energy and Coal Industry has reported, citing the company representatives during a meeting with Energy Minister Ihor Nasalyk.
The company assured about the availability of all the technical and logistic capabilities to reach the 100% provision of all power units of Ukrainian nuclear power plants with nuclear fuel. Now the company supplies fuel to six VVER-1000 power units. The third unit of Yuzhnoukrainsk NPP is completely switched to the fuel of Westinghouse.
“Considering the existing threats to the national security of Ukraine, in case of cessation of supplies of nuclear fuel from the Russian Federation, we are ready to ensure the operation of power units at Ukrainian NPPs using fuel from Westinghouse,” the minister said.
In addition, the parties are considering the expansion of cooperation regarding the company’s participation in the construction of a nuclear fuel treatment plant in Ukraine, as well as the implementation of the Ukraine-EU Energy Bridge project.
Currently, Westinghouse occupies 40% of the Ukrainian nuclear fuel market, supplying it to six out of 15 reactors.
As reported, in early 2018 Energoatom and Westinghouse Electric extended the contract for the supply of nuclear fuel until 2025.

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