TVEL JSC uses an integrated approach to work in the world market of FE NFC. The assets of TVEL Fuel Company include all process cycles of nuclear fuel fabrication which makes it possible to offer products and services related to FE NFC in the form of package supplies, and also to take into account the current and perspective market trends and challenges in own production activity. The result of this is the flexibility of contract pricing and optimal transport logistics, while the reliability of supply is ensured by the presence of several enterprises specializing in various areas of FE NFC.
Key Results 2017
Nuclear fuel and components for Russian and western design NPPs
- Contract documents signed:
- for supply of fuel, components and engineering services for first and second turn units in Tianwan NPP (China);
- supply of nuclear fuel to Haykakan Atomayin Electrakayan CJSC (Armenia), under which contract the FA reserve will be created;
- addition to fuel supply to Ukrainian NPPs in 2018 with Energoatom State Enterprise National Nuclear Energy Generating Company (Ukraine);
- fuel supply for Akkuyu NPP (Turkey);
- fuel supply for Ostrovets NPP (Belarus);
- engineering services related to introduction of the new generation fuel assemblies with optimized water-uranium ratio on the operating Paks NPP (Hungary) power units;
- additional supply of TVS-K fuel for pilot operation at NPP Ringhals (Sweden) starting from 2019.
- Start up of nuclear fuel supply contract with El Dabaa NPP (Egypt).
- Creation of nuclear fuel reserves by customers to ensure diversification of supply source and energy supply security (Armenia, Czech Republic, Iran, Hungary).
- Continuation of licensing TVSA-T mod.2 in the Czech Republic and preparation for delivery and loading in Temelin NPP (Czech Republic).
- The license obtained for TVSA-12 fuel operation in Kozloduy NPP (Bulgaria) unit No.5;
- Continuation of cooperation with Framatome (previously AREVA NP) in terms of producing with Machine-Building Plant (MSZ PJSC) facilities nuclear fuel and components from reprocessed uranium according to Framatome technology for European NPPs with PWR.
Table 4
Key indicators | Value |
|---|---|
Export proceeds, USD bln | 1.2 |
Export orders portfolio for products and services of FE NFC for a 10 year period, USD bln | 10.8 |
Nuclear fuel and components for research reactors designed abroad
- The contract was signed regarding fuel supply for reopened in Uzbekistan research reactor VVR-SM of the Institute of Nuclear Physics of the Academy of Sciences of the Republic of Uzbekistan, with an option of further regular supplies and introduction of improved uranium-molybdenum fuel.
- A number of contracts were signed with the foreign partners for qualification of zirconium fuel components, as well as supply of fuel components for research reactors of foreign design.
- Deliveries of uranium and zirconium components of nuclear fuel were carried out within the contracts concluded in 2015-2017.
- Start-up of the contract for nuclear fuel supply for experimental fast neutron reactor CEFR.
Goals and plans in the midterm:
- Protection and strengthening of the position in the traditional nuclear fuel markets, implementation of the annual supply program.
- Implementation of the existing contracts, development of cooperation with foreign energy companies and industrial partners with the view of promoting TVS-K fuel at target markets.
- Promoting the development of nuclear power generation as one of the key components of green energy.
- Tenfold growth of revenue by the year 2030 in non-nuclear operations (including established businesses) in comparable terms of 2014.