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Russia’s construction of NPP in Burkina Faso matter of country’s survival — envoy The parties plan to build a nuclear power plant in the country by 2030
On July 15, Deputy Minister of Energy of the Russian Federation Evgeny Grabchak, on the sidelines of the Caucasus Investment Forum, told reporters that electricity consumption in Russia has grown by 4.2% y/y since the beginning of the year. In June, growth was about 9% y/y. In July, consumption in the Russian energy system repeatedly reached new highs amid the heat. Thus, on July 5, a new record was reached in the unified energy system - 137.224 GW, which is 3.13 GW higher than the previous summer maximum recorded on August 7, 2023. Also, the UES System Operator previously reported in its telegram channel about the update of consumption records in the United Energy System (IPS) of the Center - an increase of 1.38 GW to the previous record of 32.82 GW, as well as in the IPS of the North-West (an increase of 113 MW to 10.87 GW) and IPS Siberia (increase by 1.42 GW to 25.85 GW) between June 25 and July 2. In 2023, electricity consumption in Russia amounted to 1.139 trillion kWh, and production – 1.152 trillion kWh.
The US is bidding to eventually buy up to $2.7bn of domestically-supplied enriched uranium, in an effort to boost the supply chain for the nuclear reactor fuel and steer the country away from buying it from Russia, the Energy Department said on June 27. The $2.7bn in funding was unleashed by legislation, signed by President Joe Biden in May, that also imposed a ban on imports of enriched uranium from Russia, as part of sanctions on the country for its full-scale invasion of Ukraine. Russia, the world's top seller of enriched uranium, had been supplying about 24% of the fuel used by US reactors. The Department of Energy plans to award two or more contracts, which will last for up to 10 years, depending on the availability of funding. The sources can include new enrichment facilities or projects that expand the capacity of existing enrichment facilities. The move could benefit Centrus Energy (LEU.A), opens new tab and Urenco, a British and Dutch, German company with operations in New Mexico. Proposals are due on August 26.
Creation of the Akkuyu nuclear power plant in Turkey is on track but there are attempts of third countries to interfere with it, CEO of the Russian nuclear corporation Rosatom Alexey Likhachev told reporters. "The Akkuyu project is progressing successfully but not without problems," the chief executive said. "The third countries are limiting supplies, worsen mutual payments and disrupt logistics but despite all the complications, plant construction is on track to prepare the nuclear plant by 2025," Likhachev added.
220 RUSSIA Country Report August 2024 www.intellinews.com