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Anastasia Zoteeva, director general and chair of the Board of Directors of Akkuyu Nuclear, has said that it took some time to combine the strategies of Turkish and Russian builders in the construction of Turkey’s Akkuyu nuclear power plant.

Date: Friday, 10 July 2020
Original article: neimagazine.com/news/newsakkuyu-nuclear-head-gives-update-on-turkish-construction-project-8018378

Installation of the second tier of the reactor building's internal containment has been completed at unit 1 of the Akkuyu nuclear power plant under construction in Turkey.

Date: Tuesday, 07 July 2020
Original article: neimagazine.com/news/newssecond-tier-of-internal-containment-completed-at-akkuyu-1-8011807

The installation of the second tier of the reactor building's internal containment has been completed at unit 1 of the Akkuyu nuclear power plant under construction in Mersin province, southern Turkey. The inner containment is one of the critical components of unit's safety systems, which prevent the release of radioactive materials to the environment, said JSC Akkuyu Nuklear.

Date: Friday, 03 July 2020
Original article: world-nuclear-news.org/Articles/Containment-building-of-first-Akkuyu-unit-takes-sh

Russian state nuclear corporation Rosatom has agreed to cooperate with the France’s Framatome and US General Electric Steam Power in the process to select a strategic investor for the Belene NPP project in Bulgaria.

Date: Monday, 22 June 2020
Original article: neimagazine.com/news/newsrosatom-framatome-and-ge-agree-to-cooperate-on-belene-project-7985720

Poland’s APS Energia has won a tender organised by Russia’s Titan 2 (part of state-owned nuclear corporation Rosatom) for the supply of uninterruptible power systems to units 1-4 of the Akkuyu nuclear power plant in Turkey.

Date: Friday, 12 June 2020
Original article: neimagazine.com/news/newsequipment-being-prepared-for-turkeys-akkuyu-nuclear-plant-7967742

Government appears to favour ‘Boot’ model alread used by Russia Koeberg, near Cape Town, is the only commercial nuclear power station in South Africa. The Nuclear Industry Association of South Africa (Niasa) has proposed six possible funding options for new nuclear, but government officials have suggested the most likely is a “build, own, operate and transfer” (Boot) model similar to that used by Russia for project including Akkuyu in Turkey.

Niasa told Engineering News that the very high proportion of the cost of energy that comes from the repayment of capital means interest rates will be fundamental to the viability of any new nuclear project in South Africa.

The association said real interest rates – which are adjusted for inflation – on state debt could be in the range of 2% to 3%, while real interest rates on high risk equity finance could vary from 10% to 15%. It said this explains why some new nuclear projects such as state-supported projects in China could be very competitive while others, such as the private equity funded Hinkley Point C in the UK, needed some kind of state guarantee such as long-term power purchase agreements.

Niasa identified six financing options that could be used to fund a new nuclear programme. The first was state funding for the entire project or state provided sovereign loan guarantees using reserves and cash flows from state-owned companies, as was the case with the United Arab Emirates’ Barakah project.

Date: Wednesday, 20 May 2020
Original article: nucnet.org/news/industry-association-proposes-financing-options-for-new-build-5-2-2020

Turkey is reassessing its major partner for a second NPP to be built in the Black Sea province of Sinop, Energy Minister Fatih Dönmez said on 19 January. He told the Anadolu Agency, that the time schedule and pricing of the nuclear power plant in Sinop fell short of the ministry’s expectations after the results of feasibility studies, carried out by Mitsubishi Heavy Industries (MHI). “We agreed with the Japanese side to not continue our cooperation regarding this matter,” Dönmez said, adding that Turkey may hold talks with other suppliers for construction of the plant. The project was agreed on by the Japanese and Turkish governments in 2013. A consortium led by MHI was conducting a feasibility study until March for the construction of a 4,500MWe plant in Sinop.

Date: Monday, 27 January 2020
Original article: neimagazine.com/news/newsturkey-looks-to-cancel-japan-sinop-project-7653758

Welding of the reactor pressure vessel cover for Unit 1 of the Akkuyu nuclear power station in Turkey has been completed Russia’s state nuclear corporation Rosatom said.

The RPV Cover is being supplied by Rosatom subsidiary Atomenergomash, which is supplying reactor equipment for all four units planned for Akkuyu. Atomenergomash said the welding had taken 17 days.

In July the first major components, including the melt trap, arrived onsite at Akkuyu. The 150-tonne melt trap, also known as a core catcher, is a key feature of the passive safety system for the Russia-supplied VVER-1200 reactor.

The Akkuyu nuclear power station is being built near Mersin on Turkey’s southern Mediterranean coast for €20bn under an intergovernmental contract signed in 2010.

Date: Thursday, 28 November 2019
Original article: nucnet.org/news/russia-completes-welding-of-rpv-cover-for-first-akkuyu-reactor-11-3-2019

Russian state nuclear corporation Rosatom was awarded a licence at the end of August to start construction of unit 2 at the Akkuyu nuclear plant in Turkey’s Mersin Province, Rosatom deputy director Kirill Komarov said on 5 September.

Date: Wednesday, 11 September 2019
Original article: neimagazine.com/news/newsturkeys-akkuyu-unit-2-receives-construction-licence-7405889