Rosatom

This article is about a corporation established in 2007. For Rosatom government body in 2004–2008, see Rosatom (Federal Agency).

State Atomic Energy Corporation Rosatom
Native name
Государственная корпорация по атомной энергии «Росатом»
Company typeState-owned
IndustryNuclear power
Wind power
Hydrogen fuel
PredecessorFederal Agency on Atomic Energy
Founded1 December 2007; 16 years ago (2007-12-01)[1]
FounderVladimir Putin by signed law[2]
Headquarters
Moscow
,
Russia
Area served
Worldwide
Key people
Alexey Likhachev [ru](General Director)
ProductsNuclear reactors
Nuclear fuel
Uranium mining
Uranium enrichment
Nuclear decommissioning
Nuclear medicine
Wind power
Hydrogen fuel
Additive manufacturing
Composites
Revenue₽1,207.4 billion[3] (2020)
Total assets₽4,722.4 billion[3] (2020)
OwnerRussian government
Number of employees
276,100[3] (2020)
SubsidiariesSee organization
Websiterosatom.ru/en/

State Atomic Energy Corporation Rosatom (commonly referred to as Rosatom Russian: Росатом, IPA: [rosˈatəm]), also known as Rosatom State Nuclear Energy Corporation, (Russian: Государственная корпорация по атомной энергии «Росатом», romanized: Gosudarstvennaya korporatsiya po atomnoy energii "Rosatom"), or Rosatom State Corporation, is a Russian state corporation headquartered in Moscow that specializes in nuclear energy, nuclear non-energy goods and high-tech products.[4] It was established in 2007 and comprises more than 350 enterprises, including scientific research organizations, a nuclear weapons complex, and the world's only nuclear icebreaker fleet.[5]

The organization is the largest electricity generating company in Russia, producing 215.746 TWh of electricity, 20.28% of the country's total electricity production. The corporation ranks first in overseas nuclear power plant construction, responsible for 76% of global nuclear technology exports: 35 nuclear power plant units, at different stages of development, in 12 countries, as of December 2020.[6] Rosatom also manufactures equipment, produces isotopes for nuclear medicine, carries out research, and conducts material studies. It also produces supercomputers and software as well as different nuclear and non-nuclear products. Rosatom plans to further develop renewable energy and wind power. Two nuclear power plants are being built in Russia at Kursk-2 NPP with plans announced for 2 more units at Kola NPP.[7] Rosatom has a 38% world market share and in 2019 led in global uranium enrichment services (36%) and covers 16% of the global nuclear fuel market.[8][9][10]

The state corporation is authorized on behalf of the state to fulfill Russia's international obligations in the field of the use of nuclear energy and of non-proliferation of nuclear materials.[4] Rosatom is also involved with large-scale projects such as ITER and FAIR.

As of February 2021, the total portfolio orders of Rosatom reached $250 billion.[11][12] According to the 2020 corporate report, its 10-year foreign order portfolio stood at $138.3 billion, while revenue reached $7.5 billion. The 10-year order portfolio for new products stood at ₽1,602.1 billion while revenue reached ₽261.1 billion.[13][14]

  1. ^ "Putin ratifies law on formation of Rosatom". Archived from the original on 18 February 2011.
  2. ^ "World Nuclear Association - World Nuclear News".
  3. ^ a b c "ГОСУДАРСТВЕННАЯ КОРПОРАЦИЯ ПО АТОМНОЙ ЭНЕРГИИ «РОСАТОМ» ИТОГИ ДЕЯТЕЛЬНОСТИ 2020" (PDF) (in Russian).
  4. ^ a b Szulecki, Kacper; Overland, Indra (April 2023). "Russian nuclear energy diplomacy and its implications for energy security in the context of the war in Ukraine". Nature Energy. 8 (4): 413–421. Bibcode:2023NatEn...8..413S. doi:10.1038/s41560-023-01228-5. hdl:11250/3106595. ISSN 2058-7546.
  5. ^ Manaranche, Martin (4 May 2020). "Russia Signs Contract to Build World's Largest Nuclear-Powered Icebreaker". Naval News. Retrieved 23 December 2021.
  6. ^ Astrasheuskaya, Nastassia (20 June 2021). "Russia's Rosatom seeks to tap global transition to low-carbon fuels". Financial Times. Retrieved 23 December 2021.
  7. ^ "Kola II construction to start in 2028 : New Nuclear - World Nuclear News". world-nuclear-news.org. Retrieved 23 December 2021.
  8. ^ "About us". rosatom.ru. Retrieved 1 February 2018.
  9. ^ Patel, Sonal (10 March 2022). "Pressure on U.S. Nuclear Power Could Mount if Sanctions Imposed on Russian Uranium". POWER Magazine. Retrieved 7 July 2022.
  10. ^ Nouvelle, L'Usine (13 April 2022). "Pourquoi le nucléaire russe n'est pas visé par les sanctions occidentales". L'Usine Nouvelle (in French).
  11. ^ "Rosatom's 10-year foreign order portfolio at about $140 bln". Interfax.com. Retrieved 23 December 2021.
  12. ^ "Rosatom claims its foreign business will double over the next five years". Bellona.org. 13 May 2019. Retrieved 23 December 2021.
  13. ^ "STATE ATOMIC ENERGY CORPORATION ROSATOM. PERFORMANCE IN 2019" (PDF).
  14. ^ "Портфель зарубежных заказов "Росатома" на 10 лет превысил $100 млрд". Interfax.ru (in Russian). 11 December 2014. Retrieved 8 February 2018.