Ukraine considers using Canadian nuclear technology
TORONTO, ONTARIO - Ukraine is considering using Canadian nuclear technology to modernize its power plants and generate cleaner electricity, the two countries said.
Ukraine's Ministry of Fuels and Energy today signed a memorandum of understanding with Atomic Energy of Canada Ltd., pledging to develop a plan for the commercial use of Canadian nuclear technology in Ukrainian plants.
“This is great news,” Ukraine's President Viktor Yushchenko told a business audience at the Economic Club of Toronto. “It's a great work plan.”
Ukraine is interested in using Canadian technology to burn uranium recovered from its current VVER reactors, Atomic Energy of Canada said in a news release.
Atomic Energy of Canada also is in talks with Lithuania, Romania and Turkey to sell its technology, the state-owned company said.
Related News
Texas Utilities back out of deal to create smart home electricity networks
HOUSTON - Utilities made a promise several years ago when they built Smart Meter Texas that they’d come up with a way for consumers to monitor their electricity use in real time. But now they’re backing out of the deal with the approval of state regulators, leaving in the lurch retail power companies that are building their business model on the promise of real time pricing and denying consumers another option for managing their electricity costs.
Texas utilities collected higher rates to finance the building of a statewide smart meter network that would allow customers to track their electricity use and…
