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Monday, May 2, 2022

[New post] Germany backs a plan to put sanctions on the supply from Russia, of uranium, the fuel for Europe’s so called ”independent self-sufficient, sovereign” nuclear energy.

Site logo image Christina Macpherson posted: " Russia faces threat of sanctions on nuclear power industry as Germany backs uranium ban https://www.politico.eu/article/russia-nuclear-power-uranium-plants-europe-imports-germany-sanctions-ukraine-war/ Move would hit the supply of uranium to "

Germany backs a plan to put sanctions on the supply from Russia, of uranium, the fuel for Europe's so called "independent self-sufficient, sovereign" nuclear energy.

Christina Macpherson

May 2

Russia faces threat of sanctions on nuclear power industry as Germany backs uranium ban https://www.politico.eu/article/russia-nuclear-power-uranium-plants-europe-imports-germany-sanctions-ukraine-war/

Move would hit the supply of uranium to the EU's Russian-built reactors, as well as new nuclear projects., BY BARBARA MOENS, ZIA WEISE, AMERICA HERNANDEZ AND LEONIE KIJEWSKI. April 29, 2022    Germany has thrown its weight behind demands to sanction uranium imports from Russia and other parts of Vladimir Putin's civil nuclear industry in retaliation for his invasion of Ukraine, five EU diplomats told POLITICO.

Such a move could hit the supply of uranium that fuels the bloc's Russian-built power reactors, as well as new nuclear projects managed by Russia's Rosatom Western Europe subsidiary, based in Paris.

Four of the diplomats said sanctioning Russia's nuclear industry was discussed in a meeting with EU ambassadors and the Commission earlier this week, with Poland and the Baltic countries leading the calls to act.

"Germany's ambassador on Wednesday announced Berlin's new position, saying they are not only OK with oil sanctions, but they actively support an oil phaseout, rather than just a price cap, and a ban on Russian uranium," one EU diplomat said.

The fact that Germany, the EU's economic powerhouse, is now on board makes the move significantly more likely. A wide range of MEPs have also asked for nuclear to be included in EU sanctions.

"It is important for the Germans, Austrians and others that the EU reduces its energy dependency on Russia across the board. This includes banning imports of Russian nuclear fuels as well. For them it is a bit of a no-brainer," an EU diplomat said.

The European Commission is working on proposals for a sixth package of sanctions against Russia, including potentially measures targeting oil. Details are expected to be discussed with EU countries in the coming days as European governments seek to intensify pressure on Putin by cutting off the revenues from energy exports that finance his invasion of Ukraine.

It is not yet clear how soon sanctions on nuclear imports to the EU could be imposed.

But any move against Russia's nuclear industry would not be pain free for Europeans. The EU imports almost all of its uranium from outside the bloc. About 20 percent comes from Russia, making it the second-biggest supplier to the EU after Niger.  

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