Page 9 - AsiaElec Week 47 2022
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AsiaElec NUCLEAR AsiaElec
Russia eyes building more emerging
market nuclear plants
ASIA RUSSIAN state nuclear energy agency Rosa- Rosatom due to the fallout of the military inva-
tom plans to see its book for constructing power sion of Ukraine, since the start of the war the
plants abroad growing in the next 20-30 years Russian nuclear power agency has been none-
due to rising demand for low-carbon energy theless active with negotiations on new deals
in such Emerging Markets “nuclear club” new- reported in Hungary, Egypt, Kyrgyzstan, Uzbek-
comers as Bangladesh, Uzbekistan, Kazakhstan, istan and others.
Kyrgyzstan, Turkey, Egypt and Saudi Arabia, Several African countries have concluded
India’s IANS reported citing the head of Rosa- their first agreements with Rosatom and are
tom, Alexey Likhachev. already outlining future projects instead.
As followed by bne IntelliNews, Rosatom Generally, the head of the Russian state
has already built 11 power units in Russia and nuclear agency expects the development of small
abroad and currently has 23 orders for power NPP technology in the next 10-15 years, with the
units abroad in eight countries and intergovern- transition to a dual-component nuclear power
mental agreements on 34 power units more. system to be resolved by the mid-2050s, with the
India is one of the countries where Rosatom simultaneous operation of thermal and fast reac-
has agreed to supply six 1,000-MW nuclear tors with a closed nuclear fuel cycle.
power plants (NPPs), out of which two are Over the 50-year horizon, the reliance on
already functional and four are under construc- thermonuclear fusion technologies will grow,
tion, according to IANS. Likhachev believes, as cited by IANS.
While Finland has dropped its orders with
Petronas, Vopak pen deal
on CCS study
MALAYSIA’S Petronas has struck an initial deal of the plan.
MALAYSIA with Dutch bulk liquid and gas storage opera- The two companies also intend to invest in
tor Vopak to explore the development of a value developing CCS value chains.
chain for carbon capture and storage (CCS) in Petronas has been working with foreign part-
Southeast Asia. ners on assessing the feasibility of using depleted
The pair have agreed on joint studies for oil and gas fields in Malaysia to store CO2. The
developing a CCS value chain that covers the company has some 1.3 trillion cubic metres of
transport of CO2 from a Vopak terminal and its capacity at only depleted gas reservoirs. It wants
potential injection into regional offshore storage CCS to serve as a means of monetising these
hubs that Petronas is looking to develop. assets by providing storage options to others.
Both firms agreed to jointly study the devel- The Malaysian company signed an agree-
opment of a CCS value chain, which includes ment in August with five South Korean firms to
transporting carbon dioxide (CO2) from a develop a cross-border CCS project, and it has
Vopak terminal and potentially injecting it into also teamed up with Japan’s Mitsui to explore the
regional storage hubs being developed by Pet- development of a CCS value chain.
ronas. The main focus of the study will be on These efforts align with Malaysia’s ambition
mitigating CO2 emitted by industries in Singa- to become a carbon-neutral country as soon as
pore. Aggregating CO2 emissions from various the middle of the decade.
emitters across Southeast Asia will also be part
Week 47 22•November•2022 www. NEWSBASE .com P9