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Russia Sets 2030 Target for First Closed‑Fuel‑Cycle Nuclear Power System

At a global nuclear forum, Putin solicited foreign collaboration alongside new financing.

Overview

  • Announcing the plan at World Atomic Week, Putin said the pilot system will be deployed in Russia’s Tomsk Region in 2030.
  • He claimed the design will reuse about 95% of spent fuel multiple times, aiming to sharply cut radioactive waste and lessen uranium needs.
  • An international research centre in the Ulyanovsk Region is planned to test advanced materials, with invitations extended to scientists from other countries.
  • Putin called for modern financing models and the involvement of international financial institutions, noting the BRICS New Development Bank’s stated readiness to fund nuclear projects.
  • IAEA Director General Rafael Grossi and thousands of delegates from over 100 countries attended the forum hosted by Rosatom, underscoring the initiative’s diplomatic push.