April 2023 | 189 comments (189 topical, editorial, 0 hidden)

Akkuyu transition action plan finance (none / 0)

European "largest NPP"? Or no?
"World's biggest"? Or no?
USD payment plan? Or no?

Rumble | Putin and Erdogan take part in inauguration ceremony for 1st fuel delivery to Akkuyu NPP, 27 Apr 2023, A/V (EN,TR, RU), 00:48:31
speakers: M. Grossi (IAEA), A. Likhachev (Rosatom), F. Dönmez (TR Energy Min), V. V. Putin (RU pres), R. T. Erdoğan (TR pres); parity watch: TRY:RUB, 1:4.19; TRY:USD, 1:0.05

dailysabah | Türkiye gains nuclear status as Akkuyu receives 1st fuel delivery, 27 Apr

... The plant will be fully operational by 2028 and supply 10% of Türkiye's electricity consumption, the president also said, noting that the Akkuyu project will contribute USD 1.5 billion (TRY 29.15 billion) annually to decrease Türkiye's natural gas imports and will have a "positive impact" national income.
[...]
Akkuyu is the world's first NPP project implemented through a build-own-operate model
BOO
NEIM, "Financing nuclear projects—new options?" (2014)
beware Rosatom
IAEA, "Financing Nuclear Power" (2018)
power purchase agreement (PPA) case studies
Under the long-term contract, Rosatom has agreed to provide the power plant's design, construction, maintenance, operation and decommissioning.
The firm holds a 99.2% stake in the project estimated to cost around USD 20 billion (TRY 388.53 billion), marking it the biggest investment in Türkiye's history implemented in a single site....

reference
Nuclear Power in Turkey (Updated March 2023)
Akkuyu | project history, 2010-2022
"After a long break due to financial and political reasons, Türkiye decided to turn to Russia's many years of experience in the field of nuclear technology."
Akkuyu | Fourth tier of the containment at Akkuyu NPP Unit 2 is completed, 15 Apr 2023
press
dailysabah | Turkey, Russia sign agreement to trade in local currencies, 8 Oct 2019
easternherald | The Turkish President Inaugurates The First Gas Pumping Operations From The Black Sea, 21 Apr
rigzone | Türkiye Gives Tax Cuts For $10B Offshore Gas Project, 21 Apr
"According to a presidential decree published in the Official Gazette...."
dailySabah | Türkiye's Enerjisa, German ENERCON ink MoU for wind turbines, 27 Apr

by Cat on Thu Apr 27th, 2023 at 04:53:40 PM EST
[ Parent ]

[INCONTINENCE ALERT] (none / 0)

APsplainin Turkey's Erdogan appears via video link after health scare, 27 Apr

Turkish President Recep Tayyip Erdogan inaugurated a nuclear power plant via video Thursday in his first public appearance since falling ill on live TV and canceling campaign stops, as he sought to dispel concerns about his health weeks before a crucial election.
The 69-year-old leader looked pale sitting behind a desk SURROUNDED by Cabinet members, aides, and political allies to preside at the event marking the delivery of the first fuel to the Russian-built Akkuyu Nuclear Power Plant in southern Turkey.
[...]
The ceremony was the latest in a series of infrastructure and defense projects that Erdogan has undertaken to try to boost support in THE ELECTION. Last week, he marked the first delivery of natural gas discovered in the Black Sea and announced plans to provide free natural gas for households for a month.
[...]

by Cat on Thu Apr 27th, 2023 at 06:43:25 PM EST
[ Parent ]

April 2023 | 189 comments (189 topical, 0 editorial, 0 hidden)