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Framework Agreement > France | Russia = Double Nuclear Energy Capacity 2030
Posted by Paul Gladieux - Tuesday, April 03, 2007April 2, 2007
“World Nuclear News”
French engineering group Alstom signed a framework agreement with Russia’s Atomenergomash to form a joint venture for the manufacture of the conventional islands of Russian nuclear power plants.
The planned joint venture – which will be 51% owned by Atomenergomash and 49% by Alstom – will manufacture the entire conventional island of nuclear power plants (essentially most of the nuclear power plant except the reactor), drawing on Alstom’s ‘Arabelle’ half-speed turbine technology.
Atomenergomash, through its ZiO-Podolsk machine engineering plant, will provide an empty building at Podolsk, near Moscow, as its part of the authorized capital. Alstom will transfer technology to the joint venture company, namely for the manufacture of the ‘Arabelle’ steam turbine and generator.
The joint venture will focus on the Russian nuclear power plant market, but will also compete in the international market. Turbines to be manufactured by the joint venture are expected to be supplied to nuclear power plants to be built under the federal program ‘Development of Nuclear P ower and Industry Complex for 2007-2010 and until 2015’. Under the program, Russia plans to double its nuclear power capacity by 2030 .
The Russian market is one of the top three countries for the future development of atomic energy generation, along with China and the United States.” Kron said the joint venture would build, on average, between two-and-a-half and three conventional islands annually until 2030.
Atomenergomash (short for Atomnoye i Energeticheskoye Machinostroyenie, Nuclear and Power Generation Machine Engineering) is a subsidiary of Atomenergoprom, the state-owned company responsible for producing equipment for Russia’s civil nuclear program. Atomenergomash is part of the Rosatom system. The company specializes in the production, supply, installation and repair of equipment for nuclear power plants.
Source: WNA’s Nuclear Power in Russia Information Paper http://www.world-nuclear-news.org/corporate/020407-Alstom_forms_joint_venture_with_Russia_s_Atomenergomash.shtml?jmid=807623011
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