Rosatom

Rosatom
State corporation
Industry Nuclear energy
Predecessor Federal Agency on Atomic Energy
Founded 2007
Website rosatom.ru
Headquarters in Moscow

Rosatom State Atomic Energy Corporation (Russian: Росатом; IPA: [rɐsˈatəm]) is a state corporation (non-profit organization) in Russia, established in 2007, the regulatory body of the Russian nuclear complex. It is headquartered in Moscow. Rosatom runs all nuclear assets of the Russian Federation, both civilian and military, totaling over 360 business and research units, including all Russian nuclear icebreaker ships. Along with commercial activities which move forward nuclear power and nuclear fuel cycle facilities, it acts as a governmental agent, primarily in the field of national security (nuclear deterrence), nuclear and radiation safety, basic and applied science. Besides, it has the authority to fulfill on behalf of the Russian Federation the international commitments undertaken by the nation with regard to the peaceful use of atomic energy and non-proliferation.

Rosatom holds second place in the world in terms of uranium deposits ownership, fourth in terms of nuclear energy production, produces 40% of the world’s enriched uranium and 17% of the world’s nuclear fuel. Rosatom is the only vendor in the world able to offer the nuclear industry’s entire range of products and services, starting from specialized materials and equipment and all the way through to finished products such as nuclear power plants or nuclear powered icebreakers.[1]

The Russian Government has set three major goals for Rosatom: ensure sustainable development of the nuclear weapons complex; increase nuclear contribution in electricity generation (to 25%-30% by 2030) with continued safety improvements; and strengthen the country’s position on the global market of nuclear technology, by expanding traditional markets and acquiring new ones.

Predecessors

The Ministry for Atomic Energy of the Russian Federation (Russian: Министерство по атомной энергии Российской Федерации), or MinAtom (МинАтом), was established on January 29, 1992 as a successor of the Ministry of Nuclear Engineering and Industry of the USSR. It was reorganized as the Federal Agency on Atomic Energy on March 9, 2004. According to the law adopted by the Russian parliament in November 2007, and signed by Russian President Putin in early December, the agency was transformed to a Russian state corporation.[2]

A programme of government support for the construction of nuclear power plants will finish in 2020.[3]

Activities

Rosatom controls nuclear power holding Atomenergoprom, nuclear weapons companies, research institutes and nuclear and radiation safety agencies. It also represents Russia in the world in the field of peaceful use of nuclear energy and protection of the non-proliferation regime.[2] Rosatom manages the Russian fleet of nuclear icebreakers through Atomflot.

OKB Gidropress, which develops the current Russian nuclear power station range VVER, is a subsidiary of Rosatom.[4] OKBM Afrikantov, which develops the current Russian nuclear power station BN-series such as BN-800 and BN-1200, is a subsidiary of Rosatom.

In 2017 Rosatom decided to invest in wind power, believing that rapid cost reductions in the renewable industry will become a competitive threat to nuclear power, and has started to build wind turbines.[5] Rosatom was also concerned that nuclear export opportunities were becoming exhausted.[6]

Projects

Rosatom is currently building 37% of nuclear reactors under construction worldwide, generally of the OKB Gidropress VVER type.[7] Fennovoima, an electricity company in Finland, announced in September 2013 that it had chosen the OKB Gidropress VVER AES-2006 pressurized water reactor for a proposed power-generating station in Pyhäjoki, Finland. The construction contract is estimated to be worth 6.4 billion euros.[8]

On 11 November 2014 head of Rosatom Sergey Kiriyenko and head of Atomic Energy Organization of Iran Ali Akbar Salehi have signed a Protocol to Russian-Iranian Intergovernmental Agreement of 1992, according to which the sides will cooperate in construction of eight power generating units with VVER reactors. Four of these reactors are planned to be constructed for the second construction phase of Bushehr Nuclear Power Plant and four of them will be constructed on another site.[9]

Rosatom received $66.5 billion of foreign orders in 2012, including $28.9bn for nuclear plant construction, $24.7bn for uranium products and $12.9bn for nuclear fuel exports and associated activities.[10]

Rosatom also involves on large-scale projects such as ITER | ITER-Russia and FAIR | FAIR-Russia.

As of Jan 2017, the total portfolio orders of Rosatom reached US$300 billion.[11]

Management

The highest executive body of Rosatom is the Board of Trustees. The board is headed since 2005 by Sergei Kiriyenko. The other Board members are[12]

See also

References

  1. ↑ "Benchmarking the global nuclear industry 2012 Heading for a fast recovery" (PDF). E&Y. 2012-10-11. Retrieved 2014-10-11.
  2. 1 2 . Rosatom. 2007-12-17 http://www.skirtingboards.com/blog/news-archive/rosatom-state-corporation-registered/. Missing or empty |title= (help)
  3. ↑ "Rosatom chief outlines commercial vision". World Nuclear News. 8 March 2017. Retrieved 10 March 2017.
  4. ↑ "Our company". OKB Gidropress. Retrieved 20 September 2011.
  5. ↑ Foy, Henry (28 June 2017). "Rosatom powers through nuclear industry woes". Financial Times. Retrieved 2 July 2017.
  6. ↑ Cottee, Matthew (2 August 2017). "China's nuclear export ambitions run into friction". Financial Times. Retrieved 6 August 2017.
  7. ↑ "The real front in US-Russia 'Cold War'? Nuclear power". cnbc. 2014-03-23. Retrieved 2014-11-28.
  8. ↑ "Fennovoima taps Russian supplier for nuke project". Yle Uutiset. September 3, 2013. Retrieved September 8, 2013.
  9. ↑ "Россия и Иран расширяют сотрудничество в области мирного использования атомной энергии". 2014-11-11. Retrieved 2014-11-11.
  10. ↑ "Rosatom aims for $72bn in foreign orders for 2013". Nuclear Engineering International. 13 November 2013. Retrieved 15 November 2013.
  11. ↑ http://themoscowjournal.com/the-portfolio-of-orders-of-rosatom-reached-300-billion.html
  12. ↑ Наблюдательный совет // Государственная корпорация по атомной энергии «Росатом»: Официальный сайт. Template:Проверено
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