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Sberbank grants $800m loan for nuclear power plant in Turkey

Sberbank grants $800m loan for nuclear power plant in Turkey
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Chernobyl: 35 years after nuclear power plant disaster

It is considered the worst nuclear disaster in history Chernobyl Nuclear Power Plant© Mikhail Palynchak/Press Office of the President of Ukraine/TASS MOSCOW, April 26. /TASS/. April 26, 2021 marks 35 years since the Chernobyl nuclear power plant disaster (near the town of Pripyat, the Kiev Region of the Ukrainian Soviet Socialist Republic). It went down in history as the worst-ever nuclear power plant catastrophe. Read also In the early hours of April 26, 1986, the Chernobyl nuclear power plant’s fourth reactor was used for an experiment, in which the reactor’s emergency cooling system was turned off intentionally. The Unit 4 reactor was to be shut down for routine maintenance on 25 April, 1986. It was decided to take advantage of this shutdown to determine whether, in the event of a loss of station power, the slowing turbine could provide enough electrical power to operate the main core cooling water circulating pumps, until the diesel emergency power supply became opera

Insider threats targeting nuclear plants have always been a concern A stressful pandemic exacerbates those existing risks

I I nsider Threats and Nuclear Security During a Pandemic Insider threats targeting nuclear plants have always been a concern. A stressful pandemic exacerbates those existing risks. The Diplomat, By Rajeswari Pillai Rajagopalan, April 23, 2021  Nuclear security is a challenge in the best of circumstances. Those challenges may increase many times over amid the COVID-19 pandemic because government may not fully grasp the consequences and spillover effects of policies they adopt to deal with the pandemic on seemingly unrelated issues. For example, COVID-19 has undoubtedly resulted in enormous economic and social pressures across many societies and consequently, is likely to lead to greater psychological stresses. There is no doubt this will also directly or indirectly affect personnel in sensitive nuclear facilities, leading to potential insider threats. The Review Conference of the Parties to the Amendment to the Convention on the Physical Protection of Nuclear Material (CPPNM)

Insider Threats and Nuclear Security During a Pandemic

Advertisement Nuclear security is a challenge in the best of circumstances. Those challenges may increase many times over amid the COVID-19 pandemic because government may not fully grasp the consequences and spillover effects of policies they adopt to deal with the pandemic on seemingly unrelated issues. For example, COVID-19 has undoubtedly resulted in enormous economic and social pressures across many societies and consequently, is likely to lead to greater psychological stresses. There is no doubt this will also directly or indirectly affect personnel in sensitive nuclear facilities, leading to potential insider threats. The Review Conference of the Parties to the Amendment to the Convention on the Physical Protection of Nuclear Material (CPPNM) in Vienna this July is a good opportunity to review the status of Personnel Reliability Programs (PRPs) while locating insider threats as part of broader physical protection measures as well.  

Akkuyu Nuclear receives sustainability loans from Sovcombank : Corporate

09 March 2021 Share JSC Akkuyu Nuclear, a subsidiary of Russia s Rosatom, said today it had received two loans of up to USD200 million and USD100 million, respectively, for a period of seven years from Sovcombank to finance the construction of the Akkuyu nuclear power plant in Turkey. The loans are being provided on special terms, Rosatom said, including a reduction in the interest rate when the borrower fulfills its sustainable development covenants . Sovcombank is one of Russia’s 10 biggest banks, with assets totalling RUB1.6 trillion (USD20.27 billion). Akkuyu unit 1 (Image: Rosatom) Rosatom s Deputy Director General for Economy and Finance Ilia Rebrov said: By committing to sustainable development obligations as part of the loan agreements, Rosatom, by means of the Akkuyu project, exemplifies the new level of responsibility assumed by nuclear companies in implementing the world s sustainable development agenda.

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