Turkey to finalize nuclear deal by December, Energy Minister says

Turkey expects to finish talks with Russia’s Atomstroiexport by December on building its first nuclear power plant and will accelerate plans to construct more, Energy Minister Yıldız said November 4. “Talks on the nuclear power station are continuing, but are not at the point where I can share details with the public,” Yıldız told an energy conference. “We want to complete it by the end of November or December” he added. Turkey is reviewing Atomstroiexport’s revised bid. The new price is $0.134-$0.154 per kilowatt-hour, 27 percent lower than its original bid but still double current rates. The site of the first plant is near the town of Akkuyu in the eastern Mediterranean. The second potential site is planned for Sinop on the Black Sea. 

Turkey has repeatedly pushed back a deadline to finish the tender for the nuclear power station. When the tender closed in September 2008, Atomstroiexport and its partners Inter RAO and Turkey’s Park Teknik were the only bidders. The government wants the group to lower the price substantially at which it will sell the electricity. Also, Turkey is already heavily dependent on Russia for natural gas. Awarding the contract to a Russian firm does nothing to diversify Turkey’s energy sources.

Today’s Zaman


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