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Apr 5, 2023

Study explores the extent of Western dependency on Russian nuclear energy

Posted by in categories: economics, nuclear energy

Russia’s invasion of Ukraine in February 2022 had a profound deep impact on the economy, inflating the prices of energy and food, with detrimental consequences for both individuals and companies worldwide. As a result, many governments, particularly in Europe, have been discussing the possibility of reducing their dependence on Russian energy.

Most of these ongoing discussions specifically focus on fossil fuel energy, leading to the gradual introduction of sanctions for purchasing Russian coal, oil, and gas. However, Russia is also a key global provider of nuclear power, particularly via a state-owned corporation called Rosatom.

Researchers at the Norwegian Institute of International Affairs (NUPI) have recently carried out a study investigating the activity and global portfolio of Rosatom and its subsidiaries. Their findings, published in Nature Energy, highlight the high degree of European dependency on nuclear energy produced by this company, raising important questions about the need to find alternative energy suppliers.

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