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Strategy to close Metsamor plant presented

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  • Strategy to close Metsamor plant presented

    ARMENPRESS

    STRATEGY TO CLOSE METSAMOR PLANT PRESENTED

    YEREVAN, DECEMBER 7, ARMENPRESS: As part of TACIS
    program the European Union has assisted Armenia to
    develop a strategy to decommission its Soviet- era
    built nuclear power plant in Metsamor. The strategy
    was presented yesterday by Armenian energy minister
    Armen Movsisian.
    Speaking to reporters he said the strategy outlines
    the first steps which should be made to close the
    plant. To this end, he said, Armenia will have to
    amend its legislation to have a legal framework and
    define the successiveness of steps.
    He said the Armenian parliament has passed a law
    that allows foreign companies to own shares in the
    future plant. He said this strategy was approved by
    the government session on November 29.
    The operational period of the Soviet-built nuclear
    power station exhausts by 2016 when it is to be
    closed, however by joining the European Neighborhood
    Program (ENP) Armenia has committed to shut it down as
    soon as possible.
    On November 21 Joseph Pennington, the U.S. charge
    d'affaires in Yerevan and Armenian energy minister
    Armen Movsisian signed a statement of cooperation
    under which the two parties will cooperate in
    developing the planning studies for a preliminary
    Environmental Impact Assessment (EIA) and Feasibility
    Study for a new nuclear power generation unit in
    Armenia. The US government will spend $2 million on
    financing the planned studies.
    According to preliminary estimations, closing of
    the plant by the so-called `green meadow' method will
    cost over $240 million. EuroAtom has pledged over $200
    million to the government of Armenia to this end.
    The Metsamor nuclear power plant was built during
    the 1970s, about thirty kilometers west of the
    Armenian capital of Yerevan. The plant was constructed
    with two VVER-440 Model V230 nuclear reactors, and the
    technology used at the time is no longer acceptable by
    modern safety standards. The reactors were put into
    operation in 1976 and 1980.
    After the destructive earthquake that hit northern
    parts of Armenia in 1988, the former Soviet government
    decided to close it down. The first reactor was halted
    in 1989 February and the second in March of that year.
    The energy crisis started shortly after Armenia
    declared its independence and for long five years it
    experienced a severe power shortage. That was why the
    Armenian government decided to reopen the plant in
    1993. The Unit 2 reactor was brought back into
    operation on October 26, 1995. The power plant
    produces about 40% of Armenia's electricity.
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