Analysis of Development Trends of Rosatom and Rosteс State Corporations

NIKONOVA, Mariya A.; AKINFEEVA, Ekaterina V.

doi:10.2991/aebmr.k.210222.073

Cited by 1 publication

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“…The 2011 Fukushima accident appeared to have had little impact on Rosatom 19,20 . Neither were the company's operations noticeably impacted by the sanctions against Russia over its occupation of Crimea and the eastern part of Donbas in 2014, judging by the continuing expansion of the international project portfolio.…”

Section: Rosatom's Rise Expansion and Comparative Advantagesmentioning

confidence: 99%

Russian nuclear energy diplomacy and its implications for energy security in the context of the war in Ukraine

Szulecki

Øverland

2023

Nat Energy

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Since Russia invaded Ukraine in February 2022, the possibility of reducing Europe’s energy dependence on Russian resources has been hotly debated. The fossil fuel industries received most attention as European Union leaders first introduced gradual sanctions on Russian coal and later on oil and gas, while Russia responded with supply cuts. However, Russia’s role as a major player in the global nuclear power sector has remained largely below the sanctions radar, despite dependencies on Russian nuclear technology, uranium supplies and handling of spent nuclear fuel. Here we analyse the state nuclear company Rosatom and its subsidiaries as tools of Russian energy statecraft. We map the company’s global portfolio, then categorize countries where Russia is active according to the degree and intensity of dependence. We offer a taxonomy of long-term energy dependencies, highlighting specific security risks associated with each of them. We conclude that the war and Russia’s actions in the energy sector will undermine Rosatom’s position in Europe and damage its reputation as a reliable supplier, but its global standing may remain strong.

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Section: Rosatom's Rise Expansion and Comparative Advantagesmentioning

confidence: 99%