China and Russia leading the industry

August 13, 2013 — Leave a comment

“As far as all the recent foreign contracts for nuclear energy projects are concerned, we have defeated or main competitors, the United States, France and Japan, But in a very short while, we will have to compete with Chinese nuclear reactor designs rather than the American AP-1000 reactors.”  That’s the verdict from Sergey Kiriyenko – the head of the Russian state-owned nuclear corporation Rosatom. He made the statement at the 1st Annual Conference of Nuclear Engineering Contractors.

While much of the World’s Media indulges in futile debates about nuclear vs renewable and nuclear vs natural gas, the forward-looking countries and power companies are progressing their plans to increase nuclear generation and the industry, led by Russia and soon China, is responding.

You can read more here about Kiriyenko’s thoughts on where Rosatom (and by default the rest of the industry) should be focusing.

Dev Randhawa

Dev Randhawa

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