Energoatom and Holtec International strengthen nuclear partnership

Ukraine consolidates its energy security by intensifying its collaboration with Holtec International for the deployment of modular reactors and spent fuel management.

Share:

Accord Energoatom Holtec International

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The recent online signing of the agreement between Energoatom and Holtec International, observed by Ukraine’s Energy Minister Herman Halushchenko, marks a crucial step forward for nuclear power in Ukraine. The agreement covers the deployment of Holtec’s SMRs and the efficient management of spent nuclear fuel.

The strategic role of partnership in energy security

Petro Kotin, acting president of Energoatom, stresses the importance of the agreement for the Ukrainian energy sector and the national economy, while the Zaporizhia nuclear power plant is under attack from Russian drones. The project envisages the creation of nuclear power generation facilities that will enhance Ukraine’s energy security and stimulate its economic development.

Industrial and economic implications

Shawn Anderson of the U.S. Embassy in Ukraine emphasized the impact of the Master Agreement for the establishment of an advanced manufacturing facility in Ukraine. This facility will be dedicated to the local production of equipment for Holtec’s SMRs, as well as systems for the storage and transportation of spent nuclear fuel, thus promoting Ukraine’s energy security and autonomy.

Technical advances and upcoming projects

Holtec has been working on its SMR unit since 2011, with significant evolutions in the design, notably for the SMR-300. This pressurized water reactor can produce around 300 MW of electrical energy or 1050 MW of thermal power for industrial applications, while remaining safe even in the absence of human intervention.

Future commitments and local construction

In November, Holtec and Energoatom announced plans to build a plant in Ukraine for the production of containers, currently manufactured in the USA, for the storage of spent nuclear fuel. This follows the commissioning in 2022 of Holtec’s centralized spent fuel storage facility in the Chernobyl exclusion zone, a project initiated in 2005.

Thus, the agreement between Energoatom and Holtec International is a significant step towards Ukraine’s empowerment in the nuclear energy sector, offering prospects for enhanced energy security and economic development through technological innovation and local production.

NANO Nuclear strengthens its North American strategy by acquiring Global First Power in Canada, securing regulatory rights for its KRONOS MMR™ project at Chalk River.
South Korea becomes the first country to submit a safeguards technical report to the IAEA for a small modular reactor, setting a precedent for early integration of non-proliferation requirements in nuclear design.
The Environmental Authority criticises the lack of key data on health risks, chemical discharges and construction safety for EDF's two upcoming EPR2 reactors in Seine-Maritime.
Brazil and China have concluded a three-year agreement to secure access to essential radioisotopes for the medical, industrial and scientific sectors, with no financial exchange between the parties.
US-based developer Last Energy will deploy its first domestic microreactor at Texas A&M-RELLIS, marking a strategic step in the advanced modular reactor race.
PGE acquires ZE PAK's stake in the joint venture responsible for developing Poland’s second nuclear site, consolidating a strategic asset within its energy portfolio.
Amazon unveils new visuals of its upcoming nuclear site, marking a key step in its partnership with X-energy to deploy up to 960 MW of modular nuclear capacity in Washington state.
Canadian uranium producer NexGen Energy has completed a A$1bn ($639mn) equity raise split between North American and Australian markets to support the development of its Rook I project.
Tokyo Electric Power Company Holdings is examining the permanent closure of units 1 and 2 at the Kashiwazaki-Kariwa nuclear power plant, the oldest at the site, while continuing efforts to restart unit 6.
The formal expiration of the 2015 nuclear deal with Iran comes as international sanctions have already been reinstated and diplomatic negotiations remain stalled.
Oklo, newcleo and Blykalla partner to develop advanced nuclear fuel infrastructure in the United States, backed by a planned $2bn investment.
enCore Energy has identified three new uranium roll fronts at its Alta Mesa project, with ongoing drilling aimed at defining their extent and accelerating development work.
California-based Radiant will build its first microreactor production facility in Oak Ridge, on a former Manhattan Project site, with production targeted at 50 units per year by 2028.
EDF restarted the Flamanville EPR reactor after repairing non-compliant valves, delaying the target of reaching full power output of 1,620 MW until the end of autumn.
Nano Nuclear and the University of Illinois will begin drilling operations for the KRONOS MMR™ reactor on October 24, marking a key step toward commercialisation of the nuclear project on the Urbana-Champaign campus.
Natura Resources is finalising construction of the MSR-1, an advanced liquid-fuel nuclear reactor, with a planned launch in 2026 on the Abilene Christian University campus.
JPMorganChase commits $10bn in direct investments as part of a $1.5tn plan to boost energy independence and strategic technologies, including next-generation nuclear power.
A roadmap under development aims to establish regulatory and technical foundations for the deployment of small modular reactors, with the goal of strengthening national energy security and attracting private capital.
EDF adjusts its 2025 nuclear production forecast to between 365 and 375 TWh, supported by the performance of its industrial programme START 2025 focused on maintenance efficiency.
The United Nations nuclear agency is urging Ukraine and Russia to establish a local ceasefire to repair damaged power lines at the Zaporizhzhia plant, which remains on alert after losing all external power supply.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.