Tag Archive for 'nuclear power plant'

Russia, Turkey Finalizing Arrangements for Nuclear Plant Joint Project

The potential problems here are obvious. Not many nations who have the resources to do so, decide to forgo making nuclear weapons once they have nuclear reactors for power. Of course, whoever the Russians didn’t supply, the US, Iran and N. Korea would. Or maybe Pakistan, India, China, France or UK. Talk of disarmament is a smokesccreen, whoever talks it. In fact we see an escalation of the nuclear weapons race, funded and encouraged by the old guard nuclear weapons nations and their client states.

MOSCOW, August 6 (Itar-Tass) – The fate of one of the largest joint projects of Russia and Turkey in the energy sphere will be decided on Thursday within the framework of a working visit of Russian Prime Minister Vladimir Putin to Turkey. On the results of the intergovernmental talks the sides will sign a protocol on cooperation in the atomic sphere that has direct relation to this project.

Deputy chief of staff of the RF government staff Yuri Ushakov told journalists that “Turkey is ready to provide to Russia a tied easy-term loan under construction of a nuclear power plant in Turkey.” Besides, during the talks the two prime ministers are also expected “to discuss the volume of works for each side and the cost of one kilowatt of power that will be generated at the plant.” Ushakov explained that “Russia has offered Turkey a new, lower compromise price that is currently being considered by our partners.” During the talks the sides are expected to finally make public the Turkish government’s decision on the conclusion of a contract with companies that will take part in the implementation of this project.

This spring, a consortium of the Russian companies Atomstroiexport, Inter RAO UES and Turkish firm Park Technic was the only participant in a tender for the construction of the NPP. It is planned that the plant may be put into operation in 2012. The project envisages the creation of a total of 4 power units in the Mediterranean city of Mersin with the capacity of 1200 megawatts each. According to Rosatom head Sergei Kiriyenko, the NPP project is estimated at some 18 billion US dollars.

The problem of determining the price of one kilowatt of electric power, as sources from both countries said earlier, was the main one during the project’s preparation. According to the Turkish side, the consortium earlier offered 21 US cents per kilowatt, but later this figure was reduced to 15 cents. However, this price also is grossly overestimated, in comparison with the general world practice of assessing one kilowatt of power within the range of 2 to 7 cents, in the view of Turkey.