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Russia aims to control 25% of global nuclear fuel market by 2030

21:02 20/10/2009

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ENERHODAR (Ukraine), October 20 (RIA Novosti) -- Russian state-controlled nuclear fuel supplier TVEL plans to control 25% of the world's nuclear fuel market by 2030, the company's vice president said on Tuesday.

The company, which currently controls 17% of the world's market of fuel for nuclear power plants, previously said it intended to gain a 30% share.

Pyotr Lavrenyuk said the adjustment was due to "a change in global nuclear power plant construction dynamics."

In 2008, there were 436 reactors in the world, with a total installed capacity of 370 GW. By 2030, their number is expected to increase to 660.

TVEL supplies fuel to 76 power generating reactors and 30 research reactors worldwide.

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Russia aims to control 25% of global nuclear fuel market by 2030

21:02 20/10/2009 Russian state-controlled nuclear fuel supplier TVEL plans to control 25% of the world's nuclear fuel market by 2030, the company's vice president said on Tuesday.>>

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