Page 10 - AsiaElec Week 48 2022
P. 10
AsiaElec NUCLEAR AsiaElec
EU sanctions not likely
to impede Akkuyu NPP
financing, Rosatom says
TURKEY EUROPEAN Union (EU) sanctions on Russia absolutely stable. I can say that the sanctions
will not pose a problem for the financing of the had no effect on it. Today, nothing in the
Akkuyu nuclear power plant in Turkey, Anadolu nuclear energy sector in the world is under any
Agency quoted a top official from the Russian sanctions.”
State Nuclear Energy Corporation, Rosatom. He refuted claims that the plant would gener-
“The plant is being built on a build-own-op- ate power at high prices, which when the agree-
erate model and that Russia is solely responsible ment was signed in 2010 between Russia and
for project financing,” said Kirill Komarov, the Türkiye were expected to be around $0.12 per
first deputy director-general of Rosatom, adding kilowatt-hour.
that it is fully funded for the next few years. According to Komarov, the current gener-
The funding comes from Rosatom’s own ation price range is between $0.18 and $0.20
funds and loans from Russian banks, according per kilowatt-hour, a level that is much higher
to the state-run news service. than $0.12 per kilowatt-hour, which will prevail
Last year alone, Rosatom for the first time regardless of the cost of uranium in the world or
acquired more than $800mn in green financing the cost of other energy sources.
from banks, along with regular loans not linked “The electricity produced by the plant will
to green commitments, Komarov said. cost Turkey $0.12, a stable and predictable price.
“So, today, the situation with the project is This is a huge advantage for Turkey,” he said.
P10 www. NEWSBASE .com Week 48 29•November•2022
