Friday, April 2 2021 16:18
Alina Hovhannisyan

EU Ambassador and Armenian NPP leadership discussed opportunities for  expanding cooperation

EU Ambassador and Armenian NPP leadership discussed opportunities for  expanding cooperation

ArmInfo.The Ambassador of the European Union to Armenia and the leadership of the Armenian Nuclear Power Plant (ANPP) discussed the possibilities of expanding  cooperation within the framework of projects to ensure a high level  of responsible and safe management of spent fuel and radioactive  waste within the CEPA framework. This became known following the  working visit of the EU Ambassador Extraordinary and Plenipotentiary  to Armenia Andrea Wiktorin to the Metsamor NPP.

According to the EU Armenian office, EU Ambassador Andrea Wiktorin  paid a working visit to the Metsamor Nuclear Power Plant (NPP) and  followed up the implementation of the 2019 EU Peer-Review safety  improvements in discussion with NPP senior management. Nuclear safety  in Armenia is and will remain an absolute priority for the EU, with a  long history of substantial EU investments and technical cooperation  on the NPP safety.

In line with the European Green Deal, the EU favours alternative,  green energy sources in Armenia as an engine for green growth and  jobs, investments and prosperity in Armenia. Parties discussed  enhanced cooperation on responsible and safe management of spent fuel  and radiological waste and new solar projects in line with CEPA.

To note, the Armenian NPP consists of two units with Soviet (Russian)  VVER reactors. The first unit was put into operation in 1976, the  second - in 1980. In March 1989, after the devastating Spitak  earthquake, which killed 25 thousand people, the work of the station  was stopped. In November 1995, in connection with an acute energy  crisis, the second power unit of the station with a capacity of 407.5  MW was put into operation.

In March 2014, the Armenian government decided to extend the life of  the second power unit. To this end, Armenia attracted a loan of $ 270  million and a grant of $ 30 million from the Russian Federation. As  of early 2020, the residual resource of these funds was $ 107  million. For objective and subjective reasons, it was not possible to  agree with Russian partners on this residual resource. For this  reason, it was decided to attract a budgetary loan of 63 billion  drams.

Today the ANPP provides more than a third of all electricity in the  country and ensures its energy security and independence. The  development of the Armenian nuclear industry was achieved thanks to  the scientific centers and industrial enterprises of the country: the  Scientific Research Institute of Energy, the State Committee on  Nuclear Safety Regulation under the Government of Armenia, the  Armenian Scientific Research Institute of NPP Operation, the National  Polytechnic University of Armenia and others. The nuclear industry is  not limited to energy and has made it possible to apply technologies  in such areas as medicine, space, agriculture.

In particular, nuclear medicine is actively developing in Armenia -  over the past few years, the production of isotopes has begun in the  country, the first positron emission tomography has been carried out  for the first time. Work in this direction is carried out by the  National Scientific Laboratory. A. Alikhanyan (YerPhI), National  Center of Oncology named after. V. A. Fanarjyan, Center for  Radioactive Isotopes, Yerevan Nuclear Medicine Center.

It should be noted that the strategic program for the development of  the energy sector of Armenia until 2040 provides for a repeated  extension of the life of the Armenian nuclear power plant after 2026,  and in the future, the construction of a new nuclear power plant.

Let us emphasize that the Armenian NPP implements its own program for  the management of spent nuclear fuel (SNF). The premises available at  the station allow storing spent nuclear fuel in them. This work is  carried out in close cooperation with France Atom. The SNF is divided  into five components according to the degree of activity, and, apart  from the intermediate level, NPPs have no problems with storage and  maintenance. As for intermediate-level spent nuclear fuel,  construction of the fourth stage of a dry storage facility for spent  nuclear fuel will begin in the near future, which will allow, at  least until 2036, to solve this problem. For this, the necessary  containers and modules were delivered to Armenia. Taking into account  the possibilities of extending the operation of the ANPP until 2036,  the station is fully provided with the necessary storage areas. In  these storage facilities, fuel can be stored for at least 50 years,  and at most 300 years.

Meanwhile, it should be emphasized that the European Union has  repeatedly called on the Armenian authorities to close the Armenian  nuclear power plant for security purposes, but the country does not  yet have a real alternative to replace a third of generating  capacities.


News
Armenian government to allocate about 357.5 million drams to complete  15 subvention programsArmenian government to allocate about 357.5 million drams to complete  15 subvention programs
 Armenian accountants and auditors can grow professionally with help  of British Association of Chartered Certified Accountants Armenian accountants and auditors can grow professionally with help  of British Association of Chartered Certified Accountants
Armenian government approves the ratification of the Agreement of the  CIS countries in the fight against IT crimesArmenian government approves the ratification of the Agreement of the  CIS countries in the fight against IT crimes
Government of Armenia ratified the agreement between the governments  of the Republic of Armenia and the Republic of Malta on the avoidance  of double taxationGovernment of Armenia ratified the agreement between the governments  of the Republic of Armenia and the Republic of Malta on the avoidance  of double taxation
The leadership of SRC of Armenia at a meeting with the head of the  FCS of the Russian Federation noted the special importance of  enhancing contactsThe leadership of SRC of Armenia at a meeting with the head of the  FCS of the Russian Federation noted the special importance of  enhancing contacts
American company Wabtec shows interest in the Armenian market American company Wabtec shows interest in the Armenian market 
Deputy Prime Minister on a possible increase in gas prices: Gazprom  insists that the amount of profit stipulated in the 2013 agreement  does not satisfy themDeputy Prime Minister on a possible increase in gas prices: Gazprom  insists that the amount of profit stipulated in the 2013 agreement  does not satisfy them
Drip irrigation. 5 questions and answers with Converse BankDrip irrigation. 5 questions and answers with Converse Bank
World Bank`s updated Groundswell report warns: Climate change could  force 216 million people to migrate within their own countries by  2050World Bank`s updated Groundswell report warns: Climate change could  force 216 million people to migrate within their own countries by  2050
Expert: The unprecedented rise in gas prices in Europe and EAEU  membership open new opportunities for ArmeniaExpert: The unprecedented rise in gas prices in Europe and EAEU  membership open new opportunities for Armenia
Central Bank of Armenia: In Jan-July 2021, the net inflow of  transfers from individuals increased by 78.5% per annumCentral Bank of Armenia: In Jan-July 2021, the net inflow of  transfers from individuals increased by 78.5% per annum
Efforts are underway to enhance seismic safety at Armenian NPPEfforts are underway to enhance seismic safety at Armenian NPP
EEC Forecast: In 2022, the negative foreign trade balance in the EAEU  will be reduced from $ 5.8 billion to $ 2.5 billion EEC Forecast: In 2022, the negative foreign trade balance in the EAEU  will be reduced from $ 5.8 billion to $ 2.5 billion 
Central Bank of Armenia: Consistent tightening of monetary conditions  has a sufficient impact on the regulation of progressive consumer  demand and on curbing of  inflationCentral Bank of Armenia: Consistent tightening of monetary conditions  has a sufficient impact on the regulation of progressive consumer  demand and on curbing of  inflation
Central Bank upgrades Armenia`s economic growth forecast for 2021 to  5.6%Central Bank upgrades Armenia`s economic growth forecast for 2021 to  5.6%
Central Bank Governor: Inflation in Armenia is more supply-drivenCentral Bank Governor: Inflation in Armenia is more supply-driven
Central Bank: Transfers from USA to Armenia are growing rapidlyCentral Bank: Transfers from USA to Armenia are growing rapidly
Armenia and Ukraine launched the improvement of trade and economic  relationsArmenia and Ukraine launched the improvement of trade and economic  relations
Official and real y-o-y inflation continues to accelerate in ArmeniaOfficial and real y-o-y inflation continues to accelerate in Armenia
Central Bank of Armenia once again raised the refinancing rate - from  7% to 7.25%Central Bank of Armenia once again raised the refinancing rate - from  7% to 7.25%
About 2 billion drams to be allocated for the installation of  photovoltaic stations in seven regions of ArmeniaAbout 2 billion drams to be allocated for the installation of  photovoltaic stations in seven regions of Armenia
"Veolia Djur" proposes to increase water tariff by 43.7 drams
Mher Grigoryan: Trade and economic relations between Armenia and  Ukraine have great potential for developmentMher Grigoryan: Trade and economic relations between Armenia and  Ukraine have great potential for development
"Become a shareholder": ACBA Bank issued its first 500.000 shares  with a total volume of 7.5 billion drams
IDBank as a sponsor of the charity concert IDBank as a sponsor of the charity concert "Armenian Rock for Children with Cancer"
As of September 10, 2021, tax collection exceeded indicators of  pre-crisis 2019 by 4.9% in ArmeniaAs of September 10, 2021, tax collection exceeded indicators of  pre-crisis 2019 by 4.9% in Armenia
The collector coin dedicated to the 30th anniversary of the Republic  of Armenia has been issued by Central BankThe collector coin dedicated to the 30th anniversary of the Republic  of Armenia has been issued by Central Bank
Minister of Finance of Armenia and Ambassador of India discussed  possible directions for development of cooperationMinister of Finance of Armenia and Ambassador of India discussed  possible directions for development of cooperation
 Construction of Construction of "Friendship Bridge" on Armenian-Georgian border is in  full swing
Armenia reduced exports of molybdenum, zinc and copper concentratesArmenia reduced exports of molybdenum, zinc and copper concentrates
Armenia increased export of all alcoholic beverages produced in  countryArmenia increased export of all alcoholic beverages produced in  country
Armenia significantly increased volume of exports and imports of  fruit and berry cropsArmenia significantly increased volume of exports and imports of  fruit and berry crops
Armenia in H1 2021 increased grape exports by 66.7% Armenia in H1 2021 increased grape exports by 66.7% 
Regular meeting of Armenian-German intergovernmental commission took  place in BerlinRegular meeting of Armenian-German intergovernmental commission took  place in Berlin
Exclusive opportunity for VISA Signature cardholders of Converse BankExclusive opportunity for VISA Signature cardholders of Converse Bank
Armenia significantly reduced sugar importsArmenia significantly reduced sugar imports
Imports of oil products to Armenia grew by 3.7% in the first half of  2021Imports of oil products to Armenia grew by 3.7% in the first half of  2021
Armenia continues to reduce imports and exports of passenger carsArmenia continues to reduce imports and exports of passenger cars
Expert: Institutional solutions are needed in the development of  public-private dialogue (PPD)Expert: Institutional solutions are needed in the development of  public-private dialogue (PPD)
Diamond exports from Armenia have increased several-foldDiamond exports from Armenia have increased several-fold
Online processes will replace paperwork and the need to visit customsOnline processes will replace paperwork and the need to visit customs
About 100 thousand residents of 5 regions of Armenia will receive  round-the-clock water supplyAbout 100 thousand residents of 5 regions of Armenia will receive  round-the-clock water supply
Public-private dialogue is not going well in ArmeniaPublic-private dialogue is not going well in Armenia
YOY inflation in Armenia reaches 8.8% in August 2021YOY inflation in Armenia reaches 8.8% in August 2021
Armenia cuts gold exports, increasing importsArmenia cuts gold exports, increasing imports
Exports grow faster than imports in Armenia`s foreign trade with the  EU countries- 41% versus 11%Exports grow faster than imports in Armenia`s foreign trade with the  EU countries- 41% versus 11%
Armenia`s foreign trade turnover with EAEU countries reaches  double-digit growthArmenia`s foreign trade turnover with EAEU countries reaches  double-digit growth
As of the end of August, 488 thousand tourists visited ArmeniaAs of the end of August, 488 thousand tourists visited Armenia
Armenia slightly reduced the export of aluminum foil in H1, 2021Armenia slightly reduced the export of aluminum foil in H1, 2021
"The Power of One Dram" to overcome childhood cancer
A number of Dutch companies are interested in cooperation with  Armenia in IT fieldA number of Dutch companies are interested in cooperation with  Armenia in IT field
One of the successful and long-awaited programs of Ameriabank -One of the successful and long-awaited programs of Ameriabank -"  Generation A 13 "  is launched  
Armenian service sector tries to restore growth ratesArmenian service sector tries to restore growth rates
Nikolay Podguzov: The share of drams in the implementation of  projects on the territory of Armenia will grow Nikolay Podguzov: The share of drams in the implementation of  projects on the territory of Armenia will grow "dramatically"
IDBank prematurely finished the placement of the second tranche of bonds of 2021IDBank prematurely finished the placement of the second tranche of bonds of 2021
Revenue of Armenia`s trade sector increased by 7.5% to $ 3.4 billion  in 7 monthsRevenue of Armenia`s trade sector increased by 7.5% to $ 3.4 billion  in 7 months
Armenia imposed temporary restrictions on export of copper  concentrate, molybdenum concentrate, ferromolybdenum, and molybdenum  productsArmenia imposed temporary restrictions on export of copper  concentrate, molybdenum concentrate, ferromolybdenum, and molybdenum  products
For the first time, ACRA will assign  sovereign rating to Armenia  with  assistance of the EDBFor the first time, ACRA will assign  sovereign rating to Armenia  with  assistance of the EDB
EBRD representative: We are ready to contribute to the further  development of ArmeniaEBRD representative: We are ready to contribute to the further  development of Armenia
Eurasian Development Bank provided Ardshinbank with a $ 20 million  loan to finance SMEsEurasian Development Bank provided Ardshinbank with a $ 20 million  loan to finance SMEs
Read more


Exchange rates
16.09.2021
RUB6.720.01
USD486.37-0.63
EUR572.46-3.32
GBP672.07-1.26
CAD384.760.39
JPY44.45-0.09
CNY75.610.10
CHF526.43-4.42