Ukraine / Energoatom Looking At Funding Options For Four New Reactors, Say Reports

Khmelnitski site set to see first new-build in decades

Energoatom Looking At Funding Options For Four New Reactors, Say Reports
The Khmelnitski site in southwest Ukraine has two VVER-1000 units in commercial operation and two which were abandoned after the collapse of the Soviet Union. Image courtesy Energoatom.

Following the announcement by Ukraine’s energy ministry 25 January that the construction of four new reactors could start as early as September 2024, state nuclear power company Energoatom has also started planning how to fund the new units.

The four new units at the Khmelnitski nuclear power station will not use public funds, but will be financed by Energoatom, as well as by international banks and financial institutions, the company said in a statement 25 January, as quoted by the Economichna Pravda news website.

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