Russia will build the Egyptian nuclear power plants. Other than isolated

Other than "isolated Russia". Russia's state-owned nuclear power company Rosatom said Wednesday that it had received clearance from the Egyptian regulator to start construction of the country's first nuclear power plant, Reuters reported.

Egypt and Russia signed an agreement to start work on the Egyptian nuclear power plant in Dabaa during a meeting in Cairo between President Abdel Fattah al-Sisi and President Vladimir Putin in 2017. Now Rosatom will move on to the practical phase of building the plant, all despite Western sanctions also on the payment system. Evidently Russia and Egypt have managed to solve the problem or get around it.

Rosatom stated in a statement that the authorization allows construction of the first power unit of the four planned, with a capacity of 1,200 MW each, for a total capacity of 4800 MW. A fairly powerful complex which, on the other hand, will be built in a relatively short time compared to western plants.

Therefore:

  • Russia is isolated from those who want to isolate it, but it is in business with the rest of the world, without problems;
  • even countries that are not particularly rich, such as Egypt, indeed with serious financial problems, are allowing themselves to detach themselves from fossil fuels, but through nuclear power.

In the end, only a few countries, such as Italy, for example, do not even evaluate the nuclear option, while others have embarked on costly restorations of technologically outdated plants.


Telegram
Thanks to our Telegram channel you can stay updated on the publication of new articles of Economic Scenarios.

⇒ Register now


Minds

The article It will be Russia to build the Egyptian nuclear power plants. Other than isolated, it comes from ScenariEconomici.it .


This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/sara-a-russia-a-costruire-le-centrali-nucleari-egiziane-altro-che-isolata/ on Fri, 01 Jul 2022 15:21:56 +0000.