US working with Kyiv on future power generation plans

By Luiza Ilie

BUCHAREST (Reuters) – The United States is working with Ukraine on a roadmap for its post-war energy grid which will include safe nuclear power technologies as well as renewables, U.S. Energy Secretary Jennifer Granholm said on Wednesday.

Ukraine has lost half its generating capacity as a result of Russian attacks on its power plants, leading to constant shortages and mass blackouts in all regions.

“Right now, they are under assault and we have to help get them through this period of time, we’ve got to harden their existing assets,” Granholm told Reuters in an interview on the sidelines of an annual Transatlantic Energy and Climate Cooperation (P-TECC) conference in the Romanian capital Bucharest.

“But … we are planning with them for what does the Ukrainian grid of the future look like,” she said.

“So it might involve micro-reactors. It might involve SMRs. It definitely will involve distributed generation of solar and wind coupled with batteries. So that work is being done now.”

She said new nuclear capacity could be a part of the future grid as long as it is designed in a way that is secure.

Ukraine operates nine nuclear reactors at three plants in territory it controls which produce more than 55% of the country’s electricity needs, but Kyiv wants to expand the sector to help compensate for the loss of Zaporizhzhia’s six units, seized by Russia shortly after its invasion in 2022.

In January, Ukraine’s energy ministry said it expected to start construction work on four new nuclear power reactors this summer or autumn at its Khmelnytskyi nuclear power plant.

Ukraine’s state-owned nuclear power firm Energoatom has also signed an agreement with Westinghouse for the construction of further reactors.

“We have an agreement to look at deployment of nine AP1000s in the country,” Westinghouse corporate affairs vice-president Margaret Cosentino told P-TECC in Bucharest.

“Obviously, we are not breaking ground at this point in time but … we have been working closely with them to look at Kamilnitsky 5 and starting to look at what we can do now to position shovel-ready projects for as soon as the war is over.”

This post is originally published on INVESTING.

  • Related Posts

    Kazakhstan votes on whether to build first nuclear plant

    ALMATY (Reuters) – Kazakhstan votes in a referendum on Sunday on whether to build its first nuclear power plant, an idea promoted by President Kassym-Jomart Tokayev’s government as the Central…

    Oil settles up, biggest weekly gains in over a year on Middle East war risk

    By Shariq Khan NEW YORK (Reuters) -Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Kazakhstan votes on whether to build first nuclear plant

    • October 6, 2024
    Kazakhstan votes on whether to build first nuclear plant

    Factors Driving Exchange Rates

    • October 5, 2024
    Factors Driving Exchange Rates

    How Central Bank Digital Currencies Could Transform Payments?

    • October 5, 2024
    How Central Bank Digital Currencies Could Transform Payments?

    The Essential Guide to Currency Pairs for Confident Forex Trading

    • October 5, 2024
    The Essential Guide to Currency Pairs for Confident Forex Trading

    Weekly Focus: Czechia Will not Regulate Prop Demo Accounts, Saxo Exits Hong Kong, and More

    • October 5, 2024
    Weekly Focus: Czechia Will not Regulate Prop Demo Accounts, Saxo Exits Hong Kong, and More

    Oil settles up, biggest weekly gains in over a year on Middle East war risk

    • October 4, 2024
    Oil settles up, biggest weekly gains in over a year on Middle East war risk