Jul 18, 2012
Russian nuclear group opens office in South AfricaBack
Cape Town|Construction|Africa|Industrial|Nuclear|Projects|Rosatom|Rusatom (spelt With A U) Overseas|South African Atomic Energy Corporation|Water|Africa|Russia|Singapore|South Africa|Ukraine|Building|Energy|Equipment|Manufacturing|Nuclear|Nuclear Energy|Nuclear Energy Capacity|Nuclear Technologies|Products|Solutions|Alexey Kalinin|Fabrication|Kirill Komarov|Power|Water
© Reuse this
South Africa plans to develop 9.6 GW of nuclear energy capacity by 2030 with a new nuclear power plant (NPP) building programme. (The other two countries with Rosatom marketing offices are Ukraine and Singapore.)
“Local presence is one of the most important criteria for a global company,” pointed out Rosatom International Business and Development deputy director-general Kirill Komarov. “Given that South Africa has extensive plans for [the] development of nuclear energy, building a mutually advantageous partnership with this country is a priority for us.”
In addition to promoting and marketing Russian nuclear technologies in South Africa, the new office will serve to develop relationships with the local regulatory agencies and the scientific community. Furthermore, it will be responsible for establishing connections with the South African business community, including industrial and financial companies.
The office will also be responsible for the development of relationships with local partners in order to fulfill the memorandum of understanding (MoU) signed between Rosatom and the South African Atomic Energy Corporation (better known as Necsa) last month. Under this MoU the two companies will develop joint business projects covering radioisotope production and marketing, nuclear fuel fabrication and power equipment manufacturing for NPPs, among other areas.
“We fully support our South African partners in their efforts to implement a serious programme of national nuclear energy development,” assured Rusatom Overseas director-general Alexey Kalinin. “Rosatom’s integrated offer in NPP construction may be of interest to our partners, since together with safe and referential VVER [Russian pressurised water reactor] technology it envisages a variety of financial solutions and ability to maximise the involvement of the local industry.”
Rusatom (spelt with a u) Overseas is a subsidiary of Rosatom (spelt with an o). Another Rosatom subsidiary, Tenex, already supplies enriched uranium products for the production of nuclear fuel for South Africa. The country currently has one two-reactor NPP, at Koeberg near Cape Town, which has a capacity of 1 800 MWe. This started operation in 1984.
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines (150 word limit)
Other Electricity News
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
This Week's Magazine
JSE-listed real estate investment trust (REIT) Rebosis Property Fund achieved a distribution growth of 8.1% to 99.45c per linked unit in the financial year ended August 31, despite volatile market conditions.
A low-cost, inflatable incubator won this year’s international James Dyson design award, which aims to encourage and inspire the next generation of design engineers.
The World Bank released its ‘Doing Business 2015: Going Beyond Efficiency’ report last month and ranked South Africa 43 out of 189 global economies for its ease of doing business, with Singapore topping the rankings.
Air Products South Africa officially launched its R300-million Eastern Cape air- separation unit (ASU), at its new manufacturing facility in the Coega Industrial Development Zone (IDZ), earlier this month. It is the second facility that Air Products launched in South...
BMW South Africa (SA) has signed a power purchasing agreement with energy company Bio2Watt. The offtake partnership will bring renewable energy to the carmaker’s Rosslyn plant, north of Pretoria.