Speaking at the bi-annual meeting of the Holtec Advisory Council, Energoatom’s President declared his company’s intention to replace, as a pilot project, 2 VVER-440 power units of the Rivne Nuclear Power Plant with SMR-160 modular reactors. President Nedashkovsky cited SMR-160’s “walk away” safe design and his company’s trust and confidence in Holtec based on a long-term successful business relationship behind Energoatom’s decision to select Holtec’s reactor system. As an environmentally conscious nation, Ukraine plans to generate clean energy from SMR-160s to replenish the looming deficit in the country’s power supply caused by the retirement of its old coal burning plants in the coming years. In addition to serving as a resilient distributed generation source, SMR-160s will likely also be deployed in co-generation roles providing steam as well as power at the country’s industrial sites.
Mr. Nedashkovsky is an active member of the Holtec Advisory Council, which meets twice a year to assess and critique the developments in the SMR-160 reactor program. Holtec’s President & CEO, Dr. Kris Singh, serves on President Poroshenko’s National Investment Council which speaks to the strong relationship between Ukraine and Holtec.