Russia’s state-owned Rosatom has emerged as the global leader when it comes to constructing nuclear power plants. The company has an international order book worth $300 billion spread over 12 countries in the developing world. Traditional plants take over a decade to build and are definitively fixed to the grid, but Rosatom intends to provide alternative technologies to overcome these liabilities. In order to maintain its competitive edge, the company has invested approximately $400 million in developing a unique kind of nuclear power plant, a floating one. The secretive nature of the project in the first years of its development didn’t help assure critics concerning the safety of the facility. In recent years, Rosatom has disclosed some of the construction methods in order to prove to potential customers the value and safety of its technological breakthrough.
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