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Expert Speaks Against Building New Atomic Power Plant In Metsamor

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  • Expert Speaks Against Building New Atomic Power Plant In Metsamor

    EXPERT SPEAKS AGAINST BUILDING NEW ATOMIC POWER PLANT IN METSAMOR

    ARKA
    Oct 6, 2009

    YEREVAN, October 6, /ARKA/. Professor Georgy Galechian from the
    Institute of Applied Physics' Problems, an affiliation of the Armenian
    National Academy of Sciences, warned today the authorities against
    building a new Armenian power plant next to the operating reactor in
    Metsamor, adding also that the new reactor must not be built in Lake
    Sevan basin.

    He was speaking at the 4-th international conference on renewable and
    clean sources of energy in Yerevan organized by the Armenian Public
    Council on Renewable Energy in cooperation with the UNDP Global
    Climate Change program, USAID and German KfW Bank.

    Armenian authorities said they will build a new nuclear power plant to
    replace its aging Metsamor plant. The new plant will operate at twice
    the capacity of the older, Soviet-constructed facility, which is 30
    kilometers west of the capital, Yerevan. Metsamor currently generates
    some 40 percent of Armenia's electricity. Australian company Worley
    Parsons has been selected to manage the project.

    Georgy Galechian said construction of the new reactor close to the
    old plant is not expedient. He recalled that still under the Soviets
    many experts had warned against its construction in Ararat Valley
    because of its complicated hydro-geological, engineering and seismic
    conditions and high population density.

    Citing many other countries which have shifted to production of sola
    r, bio, wind energy Georgy Galechian argued in favor of developing
    renewable alternative sources of energy in Armenia.

    Potential investors, however, would like the new plant to be built
    near the old one as this option would significantly cut the expenses
    on creation of new infrastructure.

    "Construction of a new reactor in Ararat Valley will pose a serious
    threat to Armenian ecology and its national security. If the Armenian
    government is determined to build a new reactor it must not build it
    in the Ararat Valley neither in Lake Sevan basin,' Georgy Galechian
    said, adding that construction of a new atomic power plant will slow
    down development of modern alterative sources of energy.

    The Sydney-based Worley Parsons engineering company will be managing
    construction of a new nuclear power station that should replace
    Armenia's aging Metsamor plant by 2017. With a market capitalization
    of approximately $3 billion as of June 2008, Worley Parsons was one of
    the world's largest providers of engineering services to the energy and
    other industries. The company has operating offices in 14 countries,
    including Russia.

    The Armenian government has yet to attract funding for the project
    that was estimated by a U.S.-funded feasibility study to cost at as
    much as $5 billion.

    With a projected capacity of 1,000-1,200 megawatts, the new facility
    would be more than twice as powerful as Metsamor's sole o perating
    reactor that generates more than 40% of Armenia's electricity.
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