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Russia should have quarter of nuclear power market: Medvedev

Russian President Dmitry Medvedev. Photo courtesy of AFP.
by Staff Writers
Moscow (AFP) July 22, 2009
Russian President Dmitry Medvedev said Wednesday that Russia should hold a quarter of the international nuclear energy market, as he announced an ambitious development programme.

"With ultra-modern technologies and the ability to guarantee the complete cycle, from the production of uranium, to the maintenance and decommissioning of nuclear power plants, Russia can count on a minimum of a quarter of the international market," Medvedev said at a meeting in Sarov in the Volga region.

"It is a very strong position," he added, according to Russian news agencies.

Russia should take advantage of the fact that more and more countries "want a proportion of atomic power in their energy balance", he said.

"Russia should occupy a position that corresponds with the country's potential," he said.

Medvedev said more than 120 billion rubles (2.7 billion euros, 3.8 billion dollars) was going to be made available between 2010 and 2012 for the development of a new generation of nuclear power technologies.

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