Vattenfall buys Russian nuclear fuel as it seeks to reduce prices and gain advantage that is more competitive
Monday, 29 July 2013
While the EU seeks to reduce dependence on Russian energy, Swedish
energy company, Vattenfall for the first time is buying Russian nuclear
fuel.
According to Swedish media source, the trial deliveries from the
state-controlled company Rosatom will be tested in the Swedish Ringhals
nuclear facility controlled by Vattenfall, something the company has
justify the purchase.
It argues that the purchase is aimed at finding more suppliers in order
to seek ways of lowering prices reports various Swedish media sources
There is warning from Swedish researcher, Jakob Hedenskog of the Swedish Defence Research Agency (FOI) according to Swedish daily, Svenska Dagsbladet that Russia uses its energy policy as leverage in foreign policy.
Green party politician, Per Bolund find it disconcerting if Vattenfall
becomes dependent on Russian energy. He also believes that Sweden is
indirectly helping Russia to maintain its nuclear power.
If the results are good, they may begin permanent supply of nuclear no
fuel as earlier than 2020, according to Torbjörn Wahlborg, head of
Vattenfall's nuclear division according to media reports.
Even though the EU is seeking to reduce its dependence on Russian gas
and oil, Torbjörn Wahlborg thinks Vattenfall can becomes more
independent by expanding the number of providers of fuel. So the
company has depended more on two main suppliers from the U.S. and
France. Moreover, prices will be pushed with more potential diverse
suppliers, according to Torbjörn Wahlborg.
by Scancomark.com Team