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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.
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