International Cooperation

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International Cooperation in the Nuclear Fuel
Market as a factor of increasing the Security of
Supply
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Moscow, 2009
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Contents
I. Our vision of global prospects
II. Security of nuclear fuel supply
III. Proposals on international cooperation
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I. Our vision of global prospects
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Global Prospects

• Financial crisis
• Lack of internal investment resources due to
  fall of Uranium prices
• Limited access to external credit resources

Correction of uranium mines, enrichment and
fabrication capacities development plans
Need for security of nuclear fuel supply
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II. Security of nuclear fuel supply
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Package supply
1.
Uranium conversion enrichment fabrication
Transfer of risks of uranium and SWU procurement
and of change in commercial terms of procurement
when switching to new fuel, to the FA supplier
No additional expenses for utility related to
separate contracting (additional personnel,
logistics expenses, etc.)
Opportunity for the utility to get cumulative
discounts
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Vertical Integration
2.
State Corporation Rosatom
JSC Atomenergoprom
JSC Atomredmedzoloto
JSC TENEX
Concern Energoatom
JSC MSZ Electrostal
NPP
JSC NCCP Novosibirsk
..
JSC ChMP Glazov
NPP
JSC MZP Moscow
VNIINM Moscow
Uranium mining
Conversion and enrichment
NPP operation
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Backup enterprises
3.
Total capacity (in pellets) 1800 THM/year
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4.
Competences in fabrication of different types of
nuclear fuel
Fuel for reactors of Russian design (VVER, RBMK)

Fuel for reactors of Western design (PWR, BWR)
Own FA design for PWR 17?17 (TVS-K)
RepU Fuel (in cooperation with AREVA)
Fuel for Fast Reactors
Fuel components (pellets) VVER, PWR, BWR, PHWR
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• Proposals on international cooperation

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Proposals
Inter-regional level
Local level
Pellets (optional)
International regional fabrication center at NCCP
Regional plant on FA assembly in the partners
country
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1.
International regional nuclear fuel fabrication
center (IRFC) at NCCP closing the ICUE
ICUE
EUP
Original technologies of nuclear fuel fabrication

• Production capacities
• Competences

Package FA
Current and future NPP operators
IRFC On the basis of NCCP
TVEL
Security-of-Supply

• Orders for 2-3 reloads/year for maintaining the
  competence,
• Components (optional)

Fabrication technologies renewal
Competences
Inputs of the parties
Other fabricators
Current activity
Outcome
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Advantages of IRFC
Secured EUP
Proximity to South-East Asia markets
Development of nuclear fuel fabrication
technologies
Higher resistance to country-related risks
Higher resistance to industrial risks
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Regional plant partner choosing criteria
2.
Significant reactor park (8 and more units)
Long-term contracts for nuclear fuel supply
aimed at return on investment
Regional plant
Proximity to new nuclear fuel markets
Adherence to Russian reactor and fuel
technologies
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Regional plant
Is formed on the partnership basis of JV

• Pellets
• Zr- parts (optional)

• FA fabrication
• (from pellets to FA)

• Technology renewal
• Service,
• Training

Package supply
TVEL

• National utilities
• Utilities in other countries

Regional plant
Insurance of supply

• Equipment
• Fabrication technology

Parties contributions
Current activity
Outcome
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Advantages of a Regional Plant
Transfer of vertical integration advantages for
the partners country
Scientific and technical efficiency
Guaranteed EUP
Guaranteed obtaining new designs
Guaranteed components and pellets (as an
option)
Simplifying the issues of licensing new nuclear
fuel as far as the plant is located in the same
country as NPP
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More than five countries have shown interest in
the project Regional plant
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We invite all interested parties to cooperation!
JSC TVEL Atomexpo, 2009