Oil & Energy - , , Russia
JSC Atomenergoprom (full name — Joint Stock Company Atomic Energy Power Corporation, short name — AEP) is a Russian state vertical integrated company (currently in the process of organization), which will unite 89 enterprises of the nuclear industry. Atomenergoprom provides full production cycle of nuclear power engineering — from uranium production to nuclear power plant construction and energy generation. AEP already includes such large companies as Concern Enrgoatom (#2 in the world by nuclear electricity generation) TVEL (17% of the world nuclear fuel market), TENEX (40% of the world uranium enrichment services market). The company formation is expected to be completed by the end of 2009.AEP was established in order to consolidate the assets of the civilian part of the Russian nuclear industry which has a history of over 60 years. It has absorbed the unique experience accumulated across the whole range of technologies of nuclear fuel cycle and nuclear power plant construction. This huge experience is the basis of Atomenergoprom leadership in the world market of nuclear technologies.Atomenergoprom — Key Facts and Figures: * the 1st in the world in terms of nuclear power plants construction abroad (simultaneous construction of 5 reactors) * the 2nd in the world in terms of electric power generation at nuclear power plants (Energoatom Concern, 10 power plants, 31 reactors with a total electric power output of 23+ GW) * the 2nd in the world in terms of uranium reserves (including joint ventures abroad) and the 4th in the world in terms of production volume * 40% of the world market of uranium enrichment services, cutting-edge enrichment facilities * 17% of the world nuclear fuel market (supplies for every 6th reactor in the world).
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