The bloc needs supplies from the sanctioned country for Russia-designed reactors
The EU has stepped up imports of nuclear fuel and services from Russia over the past two years despite sanctions and export curbs targeting the country in connection with the Ukraine conflict, Reuters reported on Friday, citing the Euratom Supply Agency.
According to the report, the bloc continues to rely on supplies from the sanctioned country to operate Russia-designed VVER reactors used by Bulgaria, the Czech Republic, Finland, Hungary, and Slovakia.
The five states bought 30% more conversion services from Russia and 22% more enrichment for their reactors last year compared to 2021, and, according to ESA Stefano Ciccarello, are likely to surpass 2021 imports this year as well. He did not disclose the exact figures, however.
“Those [EU members] that are not reliant on Russia are trying to further reduce any such dependence. On the other hand, there are those fully dependent on Russian fuel who are increasing fuel stocks as contingency for any break in supplies before alternative fuel is licensed,” Ciccarello told Reuters.
Nuclear power accounts for roughly 10% of EU energy consumption, with France, Sweden, and Belgium among the bloc’s largest producers.
Russia’s nuclear sector has not been targeted by Brussels’ sanctions so far; however, several member-states have previously pitched the prospect of adding curbs on imports of nuclear fuel from Russia to the next round of punitive measures. Still, imposing EU sanctions requires unanimity of all the 27 EU countries, and Hungary and Slovakia have repeatedly stressed they would not support restrictions on Russian nuclear imports.
For more stories on economy & finance visit RT’s business section
(RT.com)
24World Media does not take any responsibility of the information you see on this page. The content this page contains is from independent third-party content provider. If you have any concerns regarding the content, please free to write us here: contact@24worldmedia.com
5 Characteristics of Truth and Consequences in NM
How To Make Your Wedding More Accessible
Ensure Large-Format Printing Success With These Tips
4 Reasons To Consider an Artificial Lawn
The Importance of Industrial Bearings in Manufacturing
5 Tips for Getting Your First Product Out the Door
Most Popular Metal Alloys for Industrial Applications
5 Errors To Avoid in Your Pharmaceutical Clinical Trial
Ways You Can Make Your Mining Operation Cleaner
Tips for Starting a New Part of Your Life
Easy Ways To Beautify Your Home’s Exterior
Tips for Staying Competitive in the Manufacturing Industry