Russia to double nuclear power

Apart from the obvious impact on uranium, there are some political implications as well. Seems that Russia is serious about its plans to provide "the world" with nuclear power. What SA was to oil, is what Russia wants to become to nuclear power....

Oh, and if you thought that Russia would renew the megatons to megawatts program, this should put an end to that.

http://www.uranium-stocks.net/putin-signs-to-double-russian-nuclear-power/#more-392

To cope with this new wave of plants, the Russian government recently ordered over thirty nuclear related companies to merge together into a single state owned entity, that will have total control of every aspect of the nuclear industry, from uranium mining to the decommissioning of reactors.

This Russian nuclear giant, is going to be called Atomenergoprom (Atomic Energy Industry Complex), is similar to the other large conglomerates that the Putin administration has set up in sectors such as aircraft production, arms exports, electricity, and gas.

Edited 1 time(s). Last edit at 07/18/2007 02:18AM by Rien.