Rosatom State Atomic Energy Corporation (Russian: Росатом; [rɐsˈatəm]) is a state corporation (non-profit organization) in Russia, established in 2007, the regulatory body of the Russian nuclear complex. It is headquartered in Moscow. Rosatom is the only vendor in the world able to offer the nuclear industry’s entire range of products and services. It runs all nuclear assets of the Russian Federation, both civil and weapons. Along with commercial activities which move forward nuclear power and nuclear fuel cycle facilities, it acts as a governmental agent, primarily in the field of national security (nuclear deterrence), nuclear and radiation safety, basic and applied science. Besides, it has the authority to fulfill on behalf of the Russian Federation the international commitments undertaken by the nation with regard to the peaceful use of atomic energy and non-proliferation. The Russian Government has set three major goals for Rosatom: ensure sustainable development of the Nuclear Weapons Complex; increase nuclear contribution in electricity generation (to 25%-30% by 2030) with continued safety improvement; and strengthen the country’s position on the global market of nuclear technology, by expanding traditional markets and winning new ones.
The Ministry for Atomic Energy of the Russian Federation (Russian: Министерство по атомной энергии Российской Федерации), or MinAtom (МинАтом), was established on January 29, 1992 as a successor of the Ministry of Nuclear Engineering and Industry of the USSR. It was reorganized as the Federal Agency on Atomic Energy on March 9, 2004. According to the law adopted by the Russian parliament in November 2007, and signed by Russian President Putin in early December, the agency was transformed to a Russian state corporation.
A programme of government support for the construction of nuclear power plants will finish in 2020.
Rosatom controls nuclear power holding Atomenergoprom, nuclear weapons companies, research institutes and nuclear and radiation safety agencies. It also represents Russia in the world in the field of peaceful use of nuclear energy and protection of the non-proliferation regime. Rosatom manages the Russian fleet of nuclear icebreakers through Atomflot.
OKB Gidropress, which develops the current Russian nuclear power station range VVER, is a subsidiary of Rosatom. OKBM Afrikantov, which develops the current Russian nuclear power station BN-series such as BN-800 and BN-1200, is a subsidiary of Rosatom.
Rosatom is currently building 37% of nuclear reactors under construction worldwide, generally of the OKB Gidropress VVER type. Fennovoima, an electricity company in Finland, announced in September 2013 that it had chosen the Rosatom AES-2006 pressurized water reactor for a proposed power-generating station in Pyhäjoki, Finland. The construction contact is estimated to be worth 6.4 billion euros.
On 11 November 2014 head of Rosatom Sergey Kiriyenko and head of Atomic Energy Organization of Iran Ali Akbar Salehi have signed a Protocol to Russian-Iranian Intergovernmental Agreement of 1992, according to which the sides will cooperate in construction of eight power generating units with VVER reactors. Four of these reactors are planned to be constructed for the second construction phase of Bushehr Nuclear Power Plant and four of them will be constructed on another site.
Rosatom received $66.5 billion of foreign orders in 2012, including $28.9bn for nuclear plant construction, $24.7bn for uranium products and $12.9bn for nuclear fuel exports and associated activities.
Rosatom also involves on large-scale projects such as ITER | ITER-Russia and FAIR | FAIR-Russia.
In September 2015, the total portfolio orders of Rosatom reached US$300 billion.
The first head of Rosatom is Sergei Kiriyenko. [2005 - 2016]
The current head of Rosatom is Alexey Likhachov. [2016 - ]