The head of Iran’s Atomic Energy Organization, Mohammad Eslami

Iran Reiterates Plans To Develop Nuclear Power Plants

Monday, 04/08/2024

The head of Iran’s Atomic Energy Organization, Mohammad Eslami, has said the country is entering a new phase in its nuclear development.

Speaking on the occasion of National Nuclear Technology Day, Eslami emphasized ongoing progress in the development of nuclear reactors, particularly highlighting the current stage of concrete pouring.

"We will witness the first concrete pouring at Phase 3 of Bushehr Power Plant in the month of May," stated Eslami.

Earlier statements from Eslami outlined Iran's ambitious plans, including a $50 billion investment for constructing new nuclear power plants capable of generating 10,000 megawatts of electricity. However, this capacity remains insufficient to meet the country's total energy needs.

Iran's heavy reliance on nuclear energy stems from decades of neglecting investment in alternative power sources, particularly renewables. This lack of diversification leaves the country vulnerable to energy shortages, especially considering its isolation in the global community.

Currently, Russia stands as Iran's sole partner in the nuclear industry. The Bushehr power plant, commissioned by Russia in 2011, operates one unit generating 1,000 megawatts, contributing less than two percent of Iran's total electricity output. However, construction projects for phases two and three of the Bushehr Nuclear Power Plant have reportedly accelerated.

The Bushehr reactor remains unaffected by the ongoing nuclear dispute between the West and Iran, as Russia manages the nuclear fuel cycle for the facility. However, Iran has continued its uranium enrichment activities and accumulation of purified fissile material at other undisclosed locations I spite of sanctions.

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