Russia building nuclear reactors – and influence – around the globe

Russia has been notoriously brazen in using state-owned companies as instruments of national power. President Vladimir Putin’s natural-gas wars with Belarus and Ukraine made headlines and sometimes left substantial parts of Europe in the cold. But Moscow’s exploits in other energy-related areas have been less noticed.

Recent revelations about the concerted Russian effort to buy up uranium resources across the globe may change that. For Moscow’s state-owned nuclear-energy company, Rosatom, has made successful inroads into markets around the world. It is Rosatom — not France’s Areva or the United States’ Westinghouse — that has 29 nuclear reactors in various stages of planning and construction in more than a dozen countries, the largest number of nuclear reactors being built internationally. In contrast, Areva, though largely owned by the French state, has not sold one reactor since 2007.

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