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Rosatom signs contract with U.S. on Russian nuclear fuel testing

Staff Writer | July 20, 2016
TVEL, the fuel company of Russia’s State Atomic Energy Corporation Rosatom has signed the first contract on testing Russia’s TVS-Kvadrat nuclear fuel with a U.S. nuclear power plant operator.
Nuclear   Russia accounts for 17% of the fuel market
TVEL Vice President Oleg Grigoryev said in May that the first Russian test nuclear fuel assemblies TVS-K would be loaded into U.S. reactors in 2018.

The World Nuclear News (WNN) portal reported previously that Russia and the United States would create a strategic alliance to introduce Russia’s TVS-K type nuclear fuel to the U.S. market of nuclear power plants. This requires an approval from the U.S. Nuclear Regulatory Commission.

To date, Russia accounts for 17% of the world’s fuel market for nuclear power plants and fully meets the fuel needs of 76 power reactors in Russia and 14 other countries, including Finland, Bulgaria, Hungary, Slovakia, the Czech Republic, Ukraine, Armenia and China. TVEL’s annual export volumes exceed $1 billion.