Russia's nuclear industry

Overview

The incipient world-wide nuclear renaissance, borne of the rising financial and environmental costs of carbon-based energy sources, may seem a strategic threat to big oil and gas producing countries. But for Russia, it is an opportunity. The strenuous development of the country’s nuclear industry in Soviet times created across-the-board strength – from fuel enrichment to reactor technology and plant construction – resulting in a revealed comparative advantage.

Government plans now...