Mark Warner Profile picture
Mar 11 4 tweets 4 min read
“The US nuclear power industry gets up to 20% of its enriched #uranium from #Russia… France imports 15%. Framatome, which is owned by state-backed nuclear power operator, EDF, signed a cooperation agreement with #Rosatom in December 2021, two months before Russia’s invasion…”🤔
“The #Czech Republic’s energy company, CEZ, has signed contracts with Pennsylvania-based Westinghouse Electric Company and the #French company Framatome to supply fuel assemblies for its [#nuclear] plant in Temelin.”🤔 #sanctions #competition
“In #Finland, Fennovoima, an energy company, terminated a… project with #Rosatom to build a #nuclear reactor. Another company, Fortum, has hired Westinghouse to design, license and supply a new fuel type for its plant in Loviisa, Finland, after its current contracts expire.”🤔
#Bulgaria signed a new 10-year agreement with Westinghouse to provide fuel for its existing reactors [is moving] ahead with plans for Westinghouse to build new #nuclear reactor units. #Poland is about to construct its first nuclear power plant [with] 3 Westinghouse reactors.”🤔

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More from @MAAWLAW

Mar 11
“In five EU countries, every reactor — 18 in total — was built by #Russia. In addition, two more are scheduled to start operating soon in #Slovakia, and two are under construction in #Hungary, cementing partnerships with #Rosatom far into the future.”🤔 #sanctions #Ukraine
“… in countries where support for #Russia’s gov’t has held up, #Rosatom’s one-stop shopping and financing remain enticing. Russian-built reactors can be found in #China, #India#Iran#Armenia & #Belarus. Construction has begun on #Turkey’s first #nuclear power plant…”🤔
#Russia’s tightest grip is on the market for nuclear fuel. It controls 38% of the world’s #uranium conversion & 46% of the uranium enrichment capacity — essential steps in producing usable fuel. ‘That’s equal to all of #OPEC put together in terms of market share and power’…”🤔
Read 4 tweets
Mar 10
“The oligarchs’… business partner Andrei Kosogov, who has not been targeted by #sanctions, has agreed to buy the #Russian #bank… from its #Cyprus-based parent company… Subject to regulatory approval [they] would cease to be indirect shareholders of Alfa-Bank…”🤔 #compliance
“The US & UK placed punitive measures on Alfa-Bank last year after [#Russia’s] invasion of #Ukraine, while the EU introduced its measures last month. Fridman and Aven have received no indication that selling Alfa-Bank will convince the EU to remove the #sanctions…”🤔 #compliance
“[Fridman and Aven], who have challenged the EU #sanctions in court, have submitted letters of support from #Russian opposition figures such as jailed war critic Ilya Yashin and Leonid Volkov, the head of jailed opposition leader Alexei #Navalny’s Anti-#Corruption Foundation.”🤔
Read 4 tweets
Dec 19, 2021
“Some kits are being resold online. They appear to be Rapid Response antigen tests, the same brand being handed out by the province. Posters on Craigslist and TikTok were asking anywhere between $80 and $100 per box of five tests.”🤔 #COVID19 #ConsumerProtection
“In March 2020, Ontario announced fines of up to $500,000 for those who raise prices significantly for ‘necessary goods’ which at the time included PPE, non-prescription medications to treat #COVID19 symptoms, personal hygiene products and disinfectants.”🤔 #ConsumerProtection
Read 4 tweets

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