Russia lends R&D cooperation for generation IV nuke energy system | Greenwatch Dhaka | The leading online daily of Bangladesh

Russia lends R&D cooperation for generation IV nuke energy system

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Russia will continue its participation for next 10 years in international collaboration on research and development for Generation IV nuclear energy systems. A Framework Agreement to this effect was signed between Organisation for Economic Cooperation and Development (OECD) Nuclear Energy Agency (NEA) and Russia’s State Nuclear Corporation- ROSATOM yesterday, June 29 in Moscow.
The agreement was signed by William Magwood, Director General of NEA and Sergey Kirienko, Chief Executive Officer of ROSATOM.The Framework Agreement, established in 2005 is the world’s first such accord aimed at the international development of advanced nuclear energy systems. In February of the current year, the agreement was extended for another ten years, thereby paving the way for continued collaboration among participating countries.
“I believe that Generation IV reactors are the future not only of nuclear power, but also the entire global energy industry as a whole. That is why I consider it important to continue international cooperation in this sphere,” Kirienko said.
The other parties to the framework agreement are Canada, China, the European Union, France, Japan, South Africa, South Korea, Switzerland and the USA. Russia entered in to the agreement in 2009.
The Generation IV International Forum, or GIF, was initiated in 2000 and formally chartered in mid 2001. It is an international organization representing governments of 13 countries where nuclear energy is significant role at present and also in future. Most are committed to joint development of the next generation of nuclear technology. Led by the USA, Argentina, Brazil, Canada, China, France, Japan, Russia, South Korea, South Africa, Switzerland, and the UK are charter members of the GIF, along with the EU (Euratom). Most of these countries are the signatory of the 2005 Framework Agreement, which formally commits them to participate in the development of one or more Generation IV systems selected by GIF for further R&D. – Triune Group press release

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