Business & Economy

Russia to Launch World's 1st Closed Nuclear Fuel Cycle System by 2030: Putin

© POOL / Go to the mediabankRussian President Vladimir Putin
Russian President Vladimir Putin - Sputnik India, 1920, 25.09.2025
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"I will also add that we are developing projects for small, both land-based and floating nuclear power plants. We will be mass-producing them very soon," Putin said, adding that Russian-designed nuclear power plants are the most in-demand in the world.
Other key statements by Russian President at the World Atomic Week forum:
Russia will launch world's first nuclear power system with closed fuel cycle by 2030
Russian-designed nuclear power plants are most in-demand in world
Important to maintain balance between development of peaceful nuclear energy, strengthening nuclear nonproliferation regime
Modern models of financing nuclear power plant construction needed
Uranium resources expected to be depleted by 2090, but this could happen earlier
Putin called for increasing safety requirements at every stage of nuclear cycle, including uranium mining and reactor operation
Equal access to peaceful nuclear energy technologies will help ensure sustainable global development
Russia's priority to ensure nuclear safety of nuclear power facilities, wherever they located
Russia interested in long-term nuclear projects
Peaceful nuclear technologies basis for international cooperation, rapprochement between states
Russia helping its nuclear energy partners make real leap forward in development
Russia not making its partners dependent on its technical solutions, but helps them create sovereign nuclear industry
Russia strictly fulfills all contractual obligations to its nuclear technology partners
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