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Why Russia Will Own and Operate Turkey’s First Nuclear Plant
Project Overview - Turkey's first nuclear power plant, Akkuyu, is a $25 billion project funded, built, and operated by Russia for 60-80 years [1] - The plant aims to reduce Turkey's energy imports by approximately 7 billion cubic meters annually [5] - The first reactor is scheduled to be online by the end of 2026, with full completion by 2028 [8] Energy Independence and Diversification - Turkey seeks energy independence and economic development through the Akkuyu nuclear power plant [1] - Turkey relies on imports for over 70% of its energy supply, making diversification a priority [2] - Once fully online, the plant's four reactors will have an installed capacity of 4.88 GW, generating about 10% of Turkey's electricity [4] Geopolitical Implications - Russia's ownership of the plant raises security concerns for NATO due to potential influence and political bargaining power [1][6] - Rising tensions between Moscow and NATO have sparked concern over Russia's ownership of Akkuyu [6] - The build-own-operate model, while debated, was an attractive offer to Turkey [7] - The power plant serves as an incentive for Turkey and Russia to maintain a stable political relationship [7][8]