Ukraine considers using Canadian nuclear technology

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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