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    Home > Chemicals Industry > International Chemical > Nigeria plans to build its first commercial nuclear power plant around 2025

    Nigeria plans to build its first commercial nuclear power plant around 2025

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    On May 28, according to Nigerian media reports, the Federal Government of Nigeria plans to build its first commercial nuclear power plant around 2025 to provide Nigerians with a cheaper and more stable source
    of electricity.
    The news was also confirmed by Malam, chairman and CEO of the Nigerian Atomic Energy Commission
    .

    Malam told the media: "We have a roadmap to build the first commercial nuclear power plant in the mid-2020s and build three more in 5 to 10 years
    .
    Last October, the Federal Government of Nigeria reached an agreement with Rosatom to build a nuclear power plant and research centre
    in Nigeria.
    This is to diversify
    Nigeria's energy mix, which currently relies mainly on gas and hydroelectric power.
    As for whether Nigeria will cooperate with Russia, Malam said that we have a good cooperative relationship with Russia, we have signed an operating agreement, a project development agreement, but no commercial contract
    .

    Polikarpov, vice president for sub-Saharan Africa at Rosatom, explained, considering the relatively low
    cost of nuclear fuel.
    Nuclear fuel costs are relatively low
    compared to power plants that use natural gas and coal.
    He said that although the construction cost of nuclear power plants is quite high, their operating costs are small, the average life of modern nuclear reactors is 60-80 years, and taking into account this variable, the cost of generating electricity from nuclear power plants is quite low
    .

    On May 28, according to Nigerian media reports, the Federal Government of Nigeria plans to build its first commercial nuclear power plant around 2025 to provide Nigerians with a cheaper and more stable source
    of electricity.
    The news was also confirmed by Malam, chairman and CEO of the Nigerian Atomic Energy Commission
    .

    Nuclear power plants

    Malam told the media: "We have a roadmap to build the first commercial nuclear power plant in the mid-2020s and build three more in 5 to 10 years
    .
    Last October, the Federal Government of Nigeria reached an agreement with Rosatom to build a nuclear power plant and research centre
    in Nigeria.
    This is to diversify
    Nigeria's energy mix, which currently relies mainly on gas and hydroelectric power.
    As for whether Nigeria will cooperate with Russia, Malam said that we have a good cooperative relationship with Russia, we have signed an operating agreement, a project development agreement, but no commercial contract
    .

    Polikarpov, vice president for sub-Saharan Africa at Rosatom, explained, considering the relatively low
    cost of nuclear fuel.
    Nuclear fuel costs are relatively low
    compared to power plants that use natural gas and coal.
    He said that although the construction cost of nuclear power plants is quite high, their operating costs are small, the average life of modern nuclear reactors is 60-80 years, and taking into account this variable, the cost of generating electricity from nuclear power plants is quite low
    .

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