Wednesday, December 13 2023 10:38
Alexandr Avanesov

No decision on new nuclear fuel made yet - official 

No decision on new nuclear fuel made yet - official 

ArmInfo.The issue of the construction of a new nuclear power unit in Armenia, its combination with the country's energy system, and other technical parameters is under discussion, reads a response of the Ministry of Territorial Administration and Infrastructures of the Republic of Armenia signed by Deputy Minister Hakob Vardanyan in response to a request from ArmInfo.

The request contained a request to answer a question related to  previous statements by the head of the department, Gnel Sanosyan,  about the need to make a decision on the capacity of the new nuclear  power unit by the end of this year. Meanwhile, the year is ending,  and there is no decision yet.

The Deputy Minister's response emphasizes that based on the results  of the discussions, an appropriate decision will be made, including  on the capacity of the new nuclear power unit, after which the  corresponding construction program will be approved. "At the same  time, we inform you that no decision has been made on the technology  of the new nuclear power unit," the deputy minister noted in his  response.

When asked what type of reactor the department is leaning towards,  given that the United States has closed the program of small modular  power plants, Vardanyan noted that in this case we are talking about  only one company. Meanwhile, in the United States, several companies  are developing and using small modular nuclear power plants. "The  information about the closure of the program apparently concerned  individual companies," the deputy minister emphasized.

Speaking about the possibility of abandoning the idea of building a  new nuclear power plant after the expiration of the N2 power unit of  the Armenian NPP, relying on alternative and renewable energy  sources, the deputy head of the Ministry of Territorial  Administration and Infrastructures noted that the country's nuclear  energy is an important component of the state's energy security.

According to the Energy Development Strategy of Armenia until 2040,  it is planned to build a new unit for the country by the time the  operating life of the existing power unit expires. "The development  of nuclear and renewable energy will make it possible to create in  the country an energy sector that is as neutral as possible with  respect to hydrocarbon raw materials," the response notes.

In 2024, the implementation of a program to extend the life of the N2  power unit until 2036 will begin at the Armenian NPP.

20.2 billion drams will be allocated for these purposes. In parallel,  a new nuclear power unit must be built in the country by the  specified date. The question is the power of this unit, which must be  combined with the country's energy system. Previously, the United  States offered Yerevan its option for the construction of small  modular reactors, which was announced by Maria Longi, Coordinator of  U.S. Assistance to Europe, Eurasia, and Central Asia.

In turn, the Russian Federation proposed its project for a power unit  with a capacity of 1200 MW, but, as the Minister of Territorial  Administration and Infrastructure of the Republic of Armenia Gnel  Sanosyan previously pointed out, the construction of a unit of such  capacity is fraught with problems, since the capacity of the entire  energy system of Armenia is still the same 1200 MW. "By the end of  2023, we must make a difficult decision on the type of reactor," the  minister emphasized.  

POST A COMMENT
Input digits     


News
Next year, Tumo Center for Creative Technologies to open in UruguayNext year, Tumo Center for Creative Technologies to open in Uruguay
Armenian Card reports: Due to issues with Internet channels,  E-commerce transactions are unavailableArmenian Card reports: Due to issues with Internet channels,  E-commerce transactions are unavailable
Iraq proposes to establish joint committee with Armenian businessmen  to boost trade and economic relationsIraq proposes to establish joint committee with Armenian businessmen  to boost trade and economic relations
4th meeting of  Intergovernmental Commission on Economic Cooperation   held in Yerevan 4th meeting of  Intergovernmental Commission on Economic Cooperation   held in Yerevan 
Non-resident electronic services providers paid 3.1 billion drams in  VAT to Armenia`s state treasury-  SRC head Non-resident electronic services providers paid 3.1 billion drams in  VAT to Armenia`s state treasury-  SRC head 
So, who`s the one lying now: Rosselkhoznadzor  returned 21 trucks  with quarantine products to Armenia over  the past three daysSo, who`s the one lying now: Rosselkhoznadzor  returned 21 trucks  with quarantine products to Armenia over  the past three days
State support program for energy-efficient renovation in Armenia  concluded, with no plans for continuationState support program for energy-efficient renovation in Armenia  concluded, with no plans for continuation
12th Harvest Festival kicks off in Dzoraghbyur12th Harvest Festival kicks off in Dzoraghbyur
5 042 314 AMD to the Zark eco-camp. The August beneficiary of the Power of One Dram initiative is the Bridge of Hope NGO5 042 314 AMD to the Zark eco-camp. The August beneficiary of the Power of One Dram initiative is the Bridge of Hope NGO
Industrial price index weakened due to decline in industrial sector Industrial price index weakened due to decline in industrial sector 
Armenia`s economic growth slowed to 7% in January-July 2025, with a  41.4% decline in foreign tradeArmenia`s economic growth slowed to 7% in January-July 2025, with a  41.4% decline in foreign trade
In August, 2,427 trucks with export products from Armenia entered  Russia - Minister of EconomyIn August, 2,427 trucks with export products from Armenia entered  Russia - Minister of Economy
Luys Foundation: Armenian government continues to face challenges in  budget planningLuys Foundation: Armenian government continues to face challenges in  budget planning
RA President: Stable peace to open up huge economic potential for  ArmeniaRA President: Stable peace to open up huge economic potential for  Armenia
In Armenia`s interbank foreign exchange market from August 18 to 22,  2025, dollar transactions decreased while ruble increasedIn Armenia`s interbank foreign exchange market from August 18 to 22,  2025, dollar transactions decreased while ruble increased
Armenia, UNWTO discuss possible joint initiativesArmenia, UNWTO discuss possible joint initiatives
Construction of Kajaran-Agarak road proceeding at rapid pace - Road  Department FoundationConstruction of Kajaran-Agarak road proceeding at rapid pace - Road  Department Foundation
In Armenia, taxes collected in first 7 months of 2025 were 424.8  billion drams less than plannedIn Armenia, taxes collected in first 7 months of 2025 were 424.8  billion drams less than planned
Number of tourists in Armenia 2.5% down in Jan-July, 2025Number of tourists in Armenia 2.5% down in Jan-July, 2025
In the first half of 2025, Armenia`s GDP reached nearly $12 billion,  showing a decline in growthIn the first half of 2025, Armenia`s GDP reached nearly $12 billion,  showing a decline in growth
Pashinyan: State budget for 2026 does not provide for significant  increase in defense spendingPashinyan: State budget for 2026 does not provide for significant  increase in defense spending
Papoyan: Armenia actively diversifying  export destinations for  finished productsPapoyan: Armenia actively diversifying  export destinations for  finished products
Armenia becoming from labor-exporting country to destination for   migrants: PashinyanArmenia becoming from labor-exporting country to destination for   migrants: Pashinyan
Economy Minister: Armenia has no political issues with EAEUEconomy Minister: Armenia has no political issues with EAEU
School purchases are more profitable with Idram&IDBankSchool purchases are more profitable with Idram&IDBank
Online purchase and sale of real estate to take effect in Armenia Online purchase and sale of real estate to take effect in Armenia 
Armenia and Supermicro Consider Prospects for Cooperation in  Development of Digital InfrastructuresArmenia and Supermicro Consider Prospects for Cooperation in  Development of Digital Infrastructures
RA minister of economy hosts ODDO BHF financial group delegationRA minister of economy hosts ODDO BHF financial group delegation
Iran persuading us to more actively use logistics route: Russia,  Armenia, Iran and Persian Gulf - LukashenkoIran persuading us to more actively use logistics route: Russia,  Armenia, Iran and Persian Gulf - Lukashenko
Idram Junior: The best companion for your child Idram Junior: The best companion for your child 
Implementation of  agreements from 23rd meeting of Intergovernmental  Commission meeting and  bilateral cooperation agenda between Armenia  and Russia discussed in YerevanImplementation of  agreements from 23rd meeting of Intergovernmental  Commission meeting and  bilateral cooperation agenda between Armenia  and Russia discussed in Yerevan
Pashinyan, Overchuk discuss Armenia-Russia agenda mattersPashinyan, Overchuk discuss Armenia-Russia agenda matters
Armenian IT companies to participate in GITEX GLOBAL-2025 technology  exhibition in Dubai Armenian IT companies to participate in GITEX GLOBAL-2025 technology  exhibition in Dubai 
In the first half of 2025, Russia led in  transfers to Armenia, while  the UAE and Switzerland led in outflowsIn the first half of 2025, Russia led in  transfers to Armenia, while  the UAE and Switzerland led in outflows
Aram Sargsyan: Armenia has a real chance to become a regional NVIDIA  hubAram Sargsyan: Armenia has a real chance to become a regional NVIDIA  hub
Armenia`s Economy Minister announces increase in GDP growth Armenia`s Economy Minister announces increase in GDP growth 
Fitch Ratings: Armenia-Azerbaijan peace framework may support  positive credit trendsFitch Ratings: Armenia-Azerbaijan peace framework may support  positive credit trends
$176mln reimbursed to mortgage-holders under income tax reimbursement  program $176mln reimbursed to mortgage-holders under income tax reimbursement  program 
 Armenia`s exports of flowers, decorative products 88.7% up  Armenia`s exports of flowers, decorative products 88.7% up 
Armenian Prime Minister, Iranian President participate in  Armenian-Iranian business forum  in Yerevan Armenian Prime Minister, Iranian President participate in  Armenian-Iranian business forum  in Yerevan 
Yerevan, Tehran bring standards closer together: memorandum of  understanding signedYerevan, Tehran bring standards closer together: memorandum of  understanding signed
Minister: Construction of new Iran-Armenia power transmission line is  in its final stageMinister: Construction of new Iran-Armenia power transmission line is  in its final stage
Tehran, Yerevan agree to construct second border bridge - Iranian  officialTehran, Yerevan agree to construct second border bridge - Iranian  official
Pashinyan, Pezeshkian discuss Iran-Armenia power line: the project  must be completed in the shortest possible timePashinyan, Pezeshkian discuss Iran-Armenia power line: the project  must be completed in the shortest possible time
World Wine Tourism Organization interested in cooperation with  Armenia World Wine Tourism Organization interested in cooperation with  Armenia 
Yerevan, Tehran discuss Kajaran-Agarak road construction progressYerevan, Tehran discuss Kajaran-Agarak road construction progress
Papoyan: Armenia sees broad cooperation prospects with  Iranian  business communityPapoyan: Armenia sees broad cooperation prospects with  Iranian  business community
" I didn t say it, Xenophon said it": Yerevan to host Beer Festival
Armenia increases exports of finished products to EU - minister Armenia increases exports of finished products to EU - minister 
Armenia`s brandy and winemaking industry in crisis - economist Armenia`s brandy and winemaking industry in crisis - economist 
Armenia, Iran discuss progress of infrastructure projects  - MTAIArmenia, Iran discuss progress of infrastructure projects  - MTAI
From August 11 to 15, 2025, Armenia`s interbank foreign exchange  market saw an increase in dollar transactions and a decrease in ruble  transactionsFrom August 11 to 15, 2025, Armenia`s interbank foreign exchange  market saw an increase in dollar transactions and a decrease in ruble  transactions
Armenia`s state debt increased by $1 billion 256 million in 7 months,  exceeding $14 billion.Armenia`s state debt increased by $1 billion 256 million in 7 months,  exceeding $14 billion.
Over the clouds with AraratBank`s Mastercard World Travel CardOver the clouds with AraratBank`s Mastercard World Travel Card
Electric Networks of Armenia informs about initiating  preliminary  market study for procurement of cleaning servicesElectric Networks of Armenia informs about initiating  preliminary  market study for procurement of cleaning services
Armenia to host 24th meeting of Coordination Council of Heads of Tax  (Financial) Investigation Bodies of CIS Member States Armenia to host 24th meeting of Coordination Council of Heads of Tax  (Financial) Investigation Bodies of CIS Member States 
DigiTec 2025 presents `top ten` speakers of year`s main technological  event DigiTec 2025 presents `top ten` speakers of year`s main technological  event 
Expert on Armenia`s potential economic benefits from `Trump route` Expert on Armenia`s potential economic benefits from `Trump route` 
Armenia consistently advocates for compliance with fundamental  principles laid down in Treaty on EAEU - vice-premierArmenia consistently advocates for compliance with fundamental  principles laid down in Treaty on EAEU - vice-premier
Yerevan to host Armenia-EAEU international conferenceYerevan to host Armenia-EAEU international conference
Read more
Exchange rates
26.08.2025
RUB4.750.01
USD382.51-0.31
EUR445.43-2.01
GBP515.51-0.91
CAD276.20-0.56
JPY25.92-0.05
CNY53.43-0.06
CHF474.64-2.33