India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
Developed by the Russian state nuclear company Rosatom, the plant, known as “Akademik Lomonosov,” set off on a 5,000 km (3,100 mile) journey through Arctic waters to reach the Chukotka region, which lies across the Bering Strait from Alaska.
The plant, loaded with nuclear fuel, will replace a coal-fired power plant and an aging nuclear power plant supplying more than 50,000 people with electricity in the town of Pevek.
Rosatom says the plant is safe and can serve as a new power source for the planet’s most isolated communities, but environmentalists have voiced concerns over the risk of nuclear accidents.
Greenpeace has called it the “nuclear Titanic.”
“We think that a floating nuclear power plant is an excessively risky and costly way of obtaining energy,” Rashid Alimov of Greenpeace Russia told Reuters.
He added the unit had not been built with the purpose of fulfilling the energy needs of Chukotka, but rather to serve as a model for potential foreign buyers.
Rosatom did not immediately reply to a request for comment.
The plant’s voyage comes at a time of heightened concern over nuclear energy, following a deadly blast this month in northern Russia during a weapons system test that caused a spike in radiation levels in a nearby city.
(Reporting by Lev Sergeev and Maxim Shemetov Writing by Gabrielle Tétrault-Farber Editing by Ros Russell)
(c) Copyright Thomson Reuters 2019.
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