Report: Russia dominates the construction of nuclear reactors worldwide

An international report shows Russia's dominance in building nuclear reactors, with Rosatom constructing 28 of the 73 plants currently under construction globally, including 21 outside Russia. Its foreign revenues have declined due to Western sanctions.

An international report on the global nuclear industry shows Russia's dominance in building nuclear reactors, with the state-owned company Rosatom constructing 28 of the 73 plants currently under construction worldwide, including 21 outside Russia. Rosatom or its subsidiaries play a key role in nuclear projects in Bangladesh, China, Egypt, Hungary, India, Iran, Turkey, and Uzbekistan. However, the group's revenues from its foreign activities have recently declined due to Western sanctions imposed on Russia over its war against Ukraine. The report noted close cooperation in some cases between Rosatom and Western companies, particularly strong ties with France. According to the report, the global expansion of nuclear capacity continues to rely on China. There were 411 nuclear reactors operating worldwide as of July 1 of this year, with a total capacity of 374.7 gigawatts. Since the peak of reactor construction was in the 1970s, the average age of reactors now exceeds 32 years in the top five nuclear countries.