Ukraine joined the COP28 Declaration, pledging to triple nuclear capacity by 2050. This includes building both large power units and small modular reactors to produce electricity.
On the sidelines of the COP29 climate conference in Baku, the United States and Ukraine announced the launch of three new projects in the field of small modular reactors (SMRs) worth $30 million. This was reported by the press service of the Ministry of Energy on Saturday, November 16.
The partnership will be implemented under the FIRST (Foundational Infrastructure for the Responsible Use of Small Modular Reactor Technology) program.
The initiative is a strategic step to achieve global climate goals, regional energy security, economic growth and the prospects for Ukraine’s post-war leadership in the use of advanced nuclear technologies.
The program provides for the implementation of three interrelated projects:
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construction of a pilot plant for the production of pure hydrogen and ammonia (Clean Fuel project),
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conversion of coal-fired power plants to SMR (Phoenix project),
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development of a roadmap for the decarbonization of the steel industry through SMRs (Clean Steel Project).
“Ukraine has connected its future to nuclear energy despite the fact that our country survived the Chernobyl nuclear plant accident and now faces unprecedented challenges due to Russia’s occupation of the largest nuclear power plant in Europe, the Zaporozhye Nuclear Power Plant, we are moving forward, modernizing our existing nuclear power plant and implementing our plans for the construction of new nuclear generating capacities,” said Ukraine’s Energy Minister German Galushchenko in his online speech.
It was previously reported that Ukraine and the United States are working on a roadmap for our country’s post-war energy system. This includes safe nuclear energy technologies and renewable energy sources.
It was also reported that the European Investment Bank will provide loans to Ukraine in the amount of 560 million euros this year for energy projects, transport infrastructure and housing restoration.
Source: korrespondent
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