MenuWhile Russia’s economic performance has been lackluster as its war economy struggles to underpin growth, a clear bright spot remains: nuclear energy. Following the Shanghai Cooperation Organization Summit, where the Power of Siberia 2 pipeline progress dominated headlines, Rosatom signed a memorandum with China National Nuclear Corporation (CNNC) on personnel collaboration, building on recent wins in Central Asia, Europe, and North Africa. Rosatom has customers lined up worldwide, but as financing problems and global competition build, the jury is out on whether they can expand on their recent success. As the United States seeks to modernize its moribund nuclear power capabilities, Russia’s Rosatom stands as both a competitor and a model.
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