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American Nuclear Society CEO / Russia’s Actions In Ukraine Have Done ‘Material Damage’ To Domestic Reactor Industry

By David Dalton
13 May 2022

Moscow may have lost its ‘key competitive advantage’ in crucial sector, says Craig Piercy
Russia’s Actions In Ukraine Have Done ‘Material Damage’ To Domestic Reactor Industry
Crag Piercy: ‘You have to ask: How can any unaligned nation look upon Russia as a trustworthy partner?’
Russia’s actions in Ukraine have done “material damage” to the reputation of its own commercial nuclear enterprise with multilateral economic sanctions likely to significantly degrade Moscow’s ability to provide state-sponsored financing for new nuclear builds, a key competitive advantage it enjoyed before the war in Ukraine began, American Nuclear Society chief executive officer Craig Piercy wrote for Nuclear Newswire.

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