Russia, China to continue cooperation on floating nuclear power stations, fast reactors - Rosatom Corporation

MOSCOW, November 8. /TASS/. Russia and China will develop cooperation on the projects of floating nuclear power stations and fast-neutron reactors, which are the fourth-generation technology, the Russian State Nuclear Energy Corporation, Rosatom, said following meeting between Russian Prime Minister Dmitry Medvedev and Chinese Premier Li Keqiang. "The two countries will develop cooperation on floating nuclear power stations and the promising area of fast-neutron reactors, which are the fourth-generation technology," Rosatom said. In July 2014, Rusatom Overseas (part of Rosatom) and China’s CNNC New Energy signed a memorandum on the construction of flowing nuclear power plants. China is also interested in their possible use in its insular territories and hydrocarbon extraction sites. According to TASS sources, Chinese oil companies are the main customers of floating power plants. Negotiations with them are underway. Earlier reports said that Rosatom was in talks with its Chinese partners on a possible joint venture to build and operate low-capacity floating heat and power plants. Read more