In this brief we performed analysis of project on Completion of the nuclear units 3 and 4 at Khmelnitsky nuclear power plant (Ukraine).

Constructon of the new nuclear units in Ukraine by a company with close economic tes to Russia goes against Ukraine’s strategic goals of decreasing dependency on Russia and diversifcaton of its energy supplies.

The chance of involving a non-Russian supplier in the project is very unlikely and poses additonal risks, as only two companies in the world have a proven record of being able to construct VVER-1000 reactors – Skoda JS and Atomstroyexport.

Ukrainian authorites should focus of developing cheaper, faster and more realistc solutons for providing electricity in the years to come, such as renewable energy sources.