Rosatom confirms interest in developing nuclear power fleet in Brazil


At a seminar hosted in Rio de Janeiro, Rosatom Deputy Director General Kirill Komarov reaffirmed the company’s interest in developing nuclear power plants in Brazil.

The event, focused on Russian state-owned firm Rosatom’s global expertise in the development and application of nuclear technologies, was attended by executives from large Brazilian companies and representatives of the Ministries of Mines and Energy, Science and Technology of Brazil. The president of Electronuclear, Othon Luiz Pinheiro, and president of the Association for the Development of Nuclear Activities (Abdan) Antonio Muller were also in attendance.

During his welcome speech, Komarov said that Rosatom is ready to build, operate and finance investments in nuclear power plants in Brazil. He also made clear the company is open to discuss with the government a more interesting business model for the country. Komarov highlighted examples in Russia, where there are cases of 100% state-owned nuclear power plant (NPP) models and examples such as Kaliningrad NPP, where 49% of the shares can be transferred to private investors.

 "We are flexible partners and we are ready to evaluate any model of cooperation with Brazil. We offer a unique and integrated model and we are able to help with the latest technology, already used in Russia and worldwide. If Brazil decides [it] supports private investors, we are available. In Turkey, for example, we will be 100% owners. But this is a decision of the Brazilian government", Komarov said.

Brazilian firm Eletrobras has plans to build four to eight nuclear power plants by 2030 and is considering using only safe reactors, with Pressurized Water Reactor technology (PPW), the same used by Rosatom.

Rosatom is currently implementing projects for the construction of 28 nuclear power plants, 19 of which are abroad, with ongoing projects in India, China, Belarus, Turkey and Vietnam.  Rosatom’s order book is about $70 billion in a ten year period, Komarov said. By 2030, he estimates that the order book will reach 80 blocks.

The safety of nuclear power was subject of almost all the seminar  sessions. According to Rosatom’s executives, after the Fukushima disaster in Japan, the last two years have been devoted to testing,  which has proved that PPW’s meet the highest demands worldwide, with containment structures that can withstand even the fall of an airplane. They added that before exported, all technologies are first used in Russia.

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