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Released November 04, 2014 | GALWAY, IRELAND
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Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) - The world's first floating nuclear power plant is on schedule to be delivered by September 2016.

Aleksey Kadilov, director general at the Baltiysky Zavod shipyard in St Petersburg, Russia, confirmed that everything is running on time and it will be delivered to Russian nuclear power plant operator, Rosenergoatom, in 2016. The news will come as a welcome relief to all parties as the project was nearly sunk in recent years through a combination of bankruptcy proceedings, contract delays and a change in shipbuilders. It was originally due for delivery in 2011 and commissioning in 2012.

"We are today on schedule, and I think that everything that depends on us will be done and in September 2016, the installation will be ready for transport," Kadilov told Russian reporters. "We've coordinated all questions of loading the fuel and with tests with the Governor [of St. Petersburg] -- there are now very strict requirements for nuclear safety and we have no doubt that all will go according to standards."

The project reached a milestone in October last year when two reactors were successfully installed aboard the Akademik Lomonosov, a 144-metre long ship, weighing in at 21,500 tons. For additional information, see October 8, 2013, article - Reactors In at First Floating Nuclear Plant.

Once operational it will be capable of generating 70 MW of electricity and 300 MW of heat, enough to power about 200,000 homes. Russia wants to use the floating plant to bring energy to remote parts of the country, particularly the northern coast and far east, which are economically poor. It sees the Akademik Lomonosov as the first in a proposed fleet of floating nuclear power plants.

Construction of the Akademik Lomonosov power plant -- valued at almost $300 million - began in 2007 at the Sevmash OJSC shipyard in Severodvinsk. When completed, the floating plant will be located near the port of Pevek on Russia's Chukotka peninsula on the East Siberian Sea.

In May, during a visit to China by Russian President, Vladimir Putin, a number of major energy related deals were struck including the signing of a memorandum of understanding between Russia and China on the future construction of floating nuclear power plants.

View Project Report - 81000097

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