Russia is among global leaders in energy sphere, Putin says
Russian President Vladimir Putin stated that Russia is a global leader in the energy sector. He specifically highlighted Russia's dominance in nuclear power plant construction, noting that Russia's Rosatom is building 28 out of 32 nuclear power units under construction internationally.
From 32 units of nuclear power plants under construction in third countries by all companies of the world, 28 units are being built by Russian company Rosatom," the Russian leader said
Background
Nuclear power is a significant component of the global energy mix, providing a source of electricity generation that does not emit greenhouse gases during operation. The construction of new nuclear power plants is a complex and long-term undertaking, involving advanced technology and substantial investment. Russia has historically been a major player in the nuclear industry, both domestically and internationally.
Why it matters
This statement underscores Russia's significant role and influence in the global nuclear energy market. It suggests a strong competitive advantage for Russian nuclear technology and services in international projects.
Possible impact
This could solidify Russia's position as a key energy supplier and technology provider, potentially influencing energy security and geopolitical relationships for countries relying on Russian nuclear expertise. It may also impact the market share of other nuclear energy technology providers.