Ukraine €600m for nuclear safety upgrade
Ukraine is getting a loan worth €600 million (£519m) in total to help upgrade nuclear power plants in the country.
The European Atomic Energy Community and the European Bank for Reconstruction and Development (EBRD) will provide €300 million (£259m) each for the project. It is expected to help bring Ukraine’s fleet of nuclear plants in line with international standards and local regulations.
In a statement, the EBRD said: “It is of the utmost importance that the nuclear units are working to the highest, internationally recognised standards, as nuclear safety is clearly an issue that transcends border.
“Depending on the reactor type the upgrade will include up to 87 safety measures which will address design safety issues, improved instrumentation and control for safety relevant systems and organisational improvements for accident management… The upgrade will improve safety, reduce the probability of severe accidents and thus reduce the risks for workers, the local population and the environment.”
Read the full article here http://www.energylivenews.com/2013/03/14/ukraine-gets-e600m-for-nuclear-safety-upgrade/
Source: Energy News Live