Westinghouse Extends Fuel Contract With Ukraine

Westinghouse Electric Company said Monday that it has signed a nuclear fuel contract extension with Ukraine’s State Enterprise National Nuclear Energy Generation Company (SE NNEGC) Energoatom.

Westinghouse logo twoThe contract includes nuclear fuel deliveries to seven of Ukraine’s 15 nuclear power reactors between 2021 and 2025, expanding and extending the existing contract for six reactors that was set to expire in 2020.

“This contract extension solidifies Westinghouse’s role as a strategic partner for Energoatom and demonstrates our ability to support Ukraine with their energy diversification," said Westinghouse President and Chief Executive Officer Jose Emeterio Gutierrez.

Gutierrez noted that the terms of the new contract stipulated some of the fuel components would be sourced through a Ukrainian manufacturer.

Ukraine, for years, has had a rocky relationship with Russian energy suppliers, which lead to a decision to diversify its fuel sourcing to reduce reliance on one major supplier. Commenting on the agreement, Yurii Nedashkovskyi, President of SE NNEGC Energoatom, emphasized that Energoatom is the only operating utility of VVER-1000 reactors in the world that has fully diversified sources of nuclear fuel supply. “Cooperation with Westinghouse was integral to achievement of this goal,” he said.

Westinghouse began supplying fuel to Ukraine in 2005, when the first lead test assemblies were delivered to South-Ukraine NPP Unit 3.

The manufacturing and assembly of the nuclear fuel will be performed by the Westinghouse fuel fabrication facility in Västerås, Sweden, where parts of the production lines are solely dedicated to VVER-1000 fuel. Deliveries against the contract will begin in 2021, immediately following the conclusion of existing contract.

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