It said that Russia is safe from more European sanctions because of their “significant” dependency.
However, the yearly World Nuclear Industry Status Report warned that cutting back on reliance on the West could result in higher costs.
Western nations have attempted to wean themselves off of Russian energy supplies and have imposed severe sanctions in an effort to reduce Russia’s war fund since the country’s full-scale invasion of Ukraine in 2022.
A number of the five EU nations that utilize Russian-designed VVER reactors, which run on Russian fuel, have looked to the United States in particular for alternative fuel suppliers.
Nevertheless, a few hoarded petroleum from Russia last year, increasing imports.
According to the paper, which was co-authored by UK’s Chatham House alumnus Antony Froggatt and energy consultant Mycle Schneider, who is skeptical of nuclear power, interdependence between Russia and its Western allies is still important.
Additionally, the authors noted that several Western businesses, such as a division of the French state power utility EDF, rely on Russian state-built reactors all over the world for the sale of their parts.
Referring to an EDF unit, it stated that because [Russian nuclear firm] Rosatom has implemented all 13 nuclear-power reactor building sites launched outside China during the previous five years, suppliers of parts, such as France’s Arabelle turbines, have no other international customer outside Rosatom.