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Russia To Build First Floating Nuclear Plant

Greenpeace activists detained at an antinuclear rally on the 20th anniversary of the Chernobyl nuclear disaster (file photo) (ITAR-TASS) June 14, 2006 -- Russia plans to build its first floating nuclear power station by 2010, says the acting director of Russia's nuclear power agency Rosenergoatom.

Sergei Obozov said the project will cost $330 million.

Russia may in the future set up as many as six power stations at sea, with plans already in the works for the regions of Chukotka, Kamchatka, Krasnoyarsk, and Sakha (formerly known as Yakutia).


Russia's Nuclear Power Chief

Russia's Nuclear Power Chief

Sergei Kiriyenko and his wife, Maria, at a rock concert in 2004 (TASS)

A RISING STAR: In August 1998, Russia spiraled into financial meltdown. The subsequent ruble devaluation was a severe blow to the country's financial system and millions of people lost their savings. At the helm was Prime Minister SERGEI KIRIYENKO, who, along with his government, was subsequently forced to resign by then President Boris Yeltsin. Since that career low, Kiriyenko's fortunes have changed. Currently in charge of Rosatom, Russia's Federal Atomic Energy Agency, he is thought by many to be a politician on the rise.... (more)

See also:

Moscow Seeks To Reignite Nuclear Power Industry

Putin's Former Colleagues Make Up Today's Energy 'Team'

Russia's New Nuclear Strategy