BUSINESS IN SHORT

Rosatom wants guaranteed price

IF THE construction of a new nuclear power plant in Jaslovské Bohunice begins, it will provide over 6,000 construction jobs. The Russian company Rosatom, which would like to build the new nuclear facility in cooperation with the state, also says the new plant could create 500 new jobs after it goes into operation, the Sme daily reported on November 27.

IF THE construction of a new nuclear power plant in Jaslovské Bohunice begins, it will provide over 6,000 construction jobs. The Russian company Rosatom, which would like to build the new nuclear facility in cooperation with the state, also says the new plant could create 500 new jobs after it goes into operation, the Sme daily reported on November 27.

In exchange, Rosatom wants the state to give it a guaranteed price of electricity from the new nuclear facility. If the state complies with the Russian firm’s plans consumers would pay €250 million more in electricity bills, Sme wrote.

However, Economy Ministry spokesman Stanislav Jurikovič told Sme that it is premature to discuss any subsidies.

Rosatom has not abandoned the idea of participating in the construction of the new nuclear power plant in Jaslovské Bohunice.

“We believe we will take over the role of ČEZ and we will implement this project with the Slovak partners,” said Denisa Voleková, director of the local branch of Rosatom Overseas, a subsidiary of Rosatom, as quoted by the SITA newswire. The Czech energy company ČEZ wants to withdraw from nuclear energy company of Slovakia JESS, which is tasked with the project of constructing a new nuclear power station in Jaslovské Bohunice.

The Russian firm imagines that the construction of the new nuclear unit could begin in 2021. The nuclear unit’s installed capacity would be 1,200 megawatts. Rosatom has calculated that during the plant’s construction, domestic suppliers would earn from €1.2 billion to €3 billion, which is about 30 percent of project’s value.

The state treasury should receive about €470 million each year, SITA wrote.

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