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Russia is a dominant player in the global nuclear market.

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Russia’s nuclear fuel industry remains conspicuously untouched by European sanctions more than seven months into the Kremlin’s war in Ukraine — much to the dismay of Kyiv officials and environmental campaigners.

Despite eight rounds of sanctions, targeted measures against energy exports and calls from Ukraine to impose a full embargo on nuclear trade, shipments of nuclear fuel to EU member states continue to make their way from Russia.

Ariadna Rodrigo, EU sustainable finance manager at environmental group Greenpeace, told CNBC via telephone that it is “absolute madness” for the bloc to continue bankrolling the Kremlin by ignoring Russia’s nuclear fuel trade.

“If EU governments are serious about stopping war, they need to cut the European nuclear industry’s umbilical cord to the Kremlin and focus instead on accelerating energy savings and renewables,” Rodrigo said.

On presenting its latest sanctions package, the European Commission did not propose targeting the trade of Russian nuclear fuel. The EU’s executive arm has previously targeted Russian oil, gas and coal as part of a broader strategy to ratchet up the economic pressure on the Kremlin.

Hungary and Bulgaria were the most vocal in opposing sanctions on Russian uranium and other nuclear tech last week, according to Rodrigo.

The fact that we are not discussing this properly just shows the double standards of the EU.

Ariadna Rodrigo

EU sustainable finance manager at Greenpeace

The commission has repeatedly condemned Russia’s war in Ukraine, accusing President Vladimir Putin of using energy as a weapon to drive up commodity prices and sow uncertainty across the 27-nation bloc. Moscow denies weaponizing energy supplies.

The few EU prohibitions on Russia’s nuclear energy sector that are in place, such as a port access ban on Russian-flagged vessels for the transport of nuclear fuel, contain numerous loopholes and campaigners argue much tougher measures are needed to reduce the bloc’s dependency on Russian nuclear services.

That sentiment is echoed by Kyiv.

Ukrainian President Volodymyr Zelenskyy said in early August that he had spoken with European Council President Charles Michel about the need for the EU to impose sanctions on the Russian nuclear industry.

“Russian nuclear terror requires a stronger response from the international community – sanctions on the Russian nuclear industry and nuclear fuel,” Zelenskyy said via Twitter at the time.

European Commission President Ursula von der Leyen and Ukraine President Volodymyr Zelenskyy (L to R) face the press during their meeting in mid-September in Kyiv, Ukraine.

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More recently, a top economic advisor to Zelenskky doubled down on this message, saying it was “extremely important to impose sanctions, not only on Russian oil.”

“Oil, gas, uranium and coal, all this should be banned. Because they are using this money in order to finance this war,” Oleg Ustenko said in late September, according to The Associated Press.

The Russian Foreign Ministry and the Russian Embassy in London did not immediately respond to a CNBC request for comment.

Russia’s energy influence goes beyond oil and gas

In April, a European Parliament resolution called for an “immediate” embargo on Russian imports of nuclear fuel and urged member states to stop working with Russia’s state-run nuclear giant Rosatom on existing and new projects.

But Russia is a dominant player in the global nuclear fuel market and any move to break the EU’s reliance on its services would likely be far from pain-free, particularly with Rosatom at the heart of Europe’s dependency.

Backed by Putin, Rosatom not only dominates the civilian industry but is also in charge of Russia’s nuclear weapons arsenal and is currently overseeing the occupied Zaporizhzhia nuclear power station in Ukraine.

The European Commission has repeatedly condemned Russia’s war in Ukraine, accusing President Vladimir Putin of using energy as a weapon to drive up commodity prices and sow uncertainty across the 27-nation bloc.

Mikhail Metzel | Afp | Getty Images

There are 18 Russian nuclear reactors in Europe, in countries including Finland, Slovakia, Hungary, Bulgaria and the Czech Republic. All of these reactors rely on Rosatom for the supply of nuclear fuel and other services.

Underlining the scale of Russia’s nuclear energy influence in some member states, even as the Kremlin’s onslaught in Ukraine continues, Hungary in late August announced the construction of two new nuclear reactors by Rosatom.

Moscow accounted for almost one-fifth (19.7%) of the EU’s uranium imports last year, according to the latest available data from the Euratom Supply Agency. Only Niger (24.3%) and former Soviet republic Kazakhstan (23%) were bigger suppliers of uranium to the bloc.

Opponents of nuclear power march through the German town of Lingen in Lower Saxony holding placards with inscriptions such as “Your profit – our risk”, “Exit instead of entry”, “No business with Rosatom.”

Picture Alliance | Picture Alliance | Getty Images

The EU paid around 210 million euros ($203.7 million) to import raw uranium from Russia last year, according to estimates reported by Investigate Europe, and another 245 million euros was paid to import uranium from Kazakhstan, where mining of the nuclear fuel is controlled by Rosatom.

“We are talking about a serious amount of money here,” Greenpeace’s Rodrigo told CNBC, noting that these estimates only accounted for uranium imports and the EU’s dependency covers services across the supply chain.

Asked to what extent Europe’s uranium imports from Russia undermines its efforts to encourage others to stop importing Russian energy, Rodrigo replied: “The fact that we are not discussing this properly just shows the double standards of the EU.”

A spokesperson for the commission did not comment when contacted by CNBC.

How ‘green’ is nuclear energy?

Advocates of nuclear power argue it has the potential to play a major role in helping countries generate electricity while slashing carbon emissions and reducing their reliance on fossil fuels.

However, critics argue that nuclear power is an expensive and harmful distraction to faster, cheaper and cleaner alternatives. Instead, environmental campaign groups argue technologies such as wind and solar should be prioritized in the planned shift to renewable energy sources.

As part of the EU’s taxonomy — a mechanism that defines which investment options can be considered “green” — the bloc controversially recognized nuclear power and gas, a fossil fuel, as sustainable under some circumstances.

Austria on Monday launched a lawsuit against the EU and is seeking help from allies over the bloc’s labeling of nuclear power and gas as sustainable investment options, calling it “irresponsible and unreasonable.”

The EU has acknowledged the legal action but said it would not comment on the substance of the case.

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Loren McDonald stops by Quick Charge to discuss EV charging, Paren, and more

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Loren McDonald stops by Quick Charge to discuss EV charging, Paren, and more

Leading electric vehicle analyst, author, and industry thought leaders Loren McDonald and Bill Ferro stop by Quick Charge to discuss EV Adoption’s acquisition by Paren, the “crisis” of EV charging reliability, and the real state of the EV market.

Depending on who you listen, EVs are either driving brands to record growth and are about cross that critical 10% of the overall market nationwide, or the future is bleak, the market is down, and EVs just aren’t selling. What’s really going on? Loren and Bill (probably) have some answers.

Today’s episode is sponsored by BLUETTI, a leading provider of portable power stations, solar generators, and energy storage systems. For a limited time, save up to 52% during BLUETTI’s exclusive Black Friday sale, now through November 28, and be sure to use promo code BLUETTI5OFF for 5% off all power stations site wide. Click here to learn more.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news!

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show!

Read more: All my favorite EVs, racecars, and robots from Electrify Expo Austin.

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Chevy EV owners in Texas now get free overnight home charging with Reliant

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Chevy EV owners in Texas now get free overnight home charging with Reliant

Chevy EV owners in Texas who have Reliant as their electric utility can now charge for free at night with renewable energy.

Over 150 Chevrolet dealerships across Texas are now offering the Reliant Free Charge Nights plan to new EV buyers. With Free Charge Nights, customers can offset their charging costs by receiving credits for electricity used between 11 pm and 6 am. The plan is powered entirely by renewable energy, thanks to the purchase of renewable energy certificates (RECs).

Rasesh Patel, president of NRG Consumer, says the plan is about making power personal: “We’re excited to help Chevrolet EV drivers offset the cost of charging their vehicle all while having access to a renewable electricity plan.”

This collaboration aims to make EV adoption more appealing by making charging cheaper and greener. GM Energy’s chief revenue officer, Aseem Kapur, emphasized that partnerships like this help build the ecosystem needed to support an all-electric future: “The Reliant Free Charge Nights plan is a great example of how an automaker and an energy company can work together to make EV adoption an easy decision.”

Existing Reliant customers can also sign up for the Free Charge Nights plan. To get started, Chevrolet EV owners need to designate their vehicle on the GM Energy Smart Charging Portal before enrolling in the plan.

Reliant Energy, a subsidiary of NRG Energy, serves over 1.5 million customers in Texas, making it one of the largest electricity providers in the state.

Read more: Texas to get 1 GW AI-powered virtual power plant, enough to power 200,000 homes


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Texas to get 1 GW AI-powered virtual power plant, enough to power 200,000 homes

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Texas to get 1 GW AI-powered virtual power plant, enough to power 200,000 homes

Texas is about to get a major power boost – a new AI-powered virtual power plant (VPP) delivering capacity equivalent to 200,000 homes during peak demand.

NRG Energy is teaming up with Renew Home to bring nearly 1 gigawatt (GW) of capacity to the Texas grid by 2035, aiming to make it more resilient while helping residents save on energy costs.

The new VPP will rely on hundreds of thousands of smart thermostats and other connected home devices, making use of AI technology provided by Google Cloud. These devices, like Vivint and Nest smart thermostats, will be offered to eligible customers at no cost. By automating HVAC adjustments, they help shift energy use to when electricity is cheaper, cleaner, and less strained.

NRG and Renew Home have big plans for the VPP. Starting in spring 2025, the companies plan to roll out the program across Texas, installing these smart thermostats in homes served by NRG’s retail electricity providers. Eventually, they plan to add home battery storage and EVs to expand the power plant’s capabilities.

Texas has faced record-breaking energy demands, with peak usage hitting 85 GW in 2023. As the state’s population grows and extreme weather becomes more frequent, VPPs like this one could play a key role in stabilizing the grid. VPPs aggregate a lot of small-scale energy resources, from smart thermostats to home batteries, and use them to help balance supply and demand during times of high stress on the grid.

This nearly 1 GW VPP will be one of the largest of its kind in Texas. NRG’s president of consumer operations, Rasesh Patel, calls it a “pivotal step” for improving customer experience while making Texas’ energy infrastructure more sustainable and resilient.

In addition to Renew Home, NRG is working with Google Cloud to maximize the power plant’s effectiveness. Google Cloud’s AI and analytics tools will help predict weather conditions, forecast renewable generation, and optimize energy usage, all of which will help make energy management smoother for both customers and the grid.

Ben Brown, CEO of Renew Home, said:

NRG’s commitment to creating a more resilient and sustainable energy future while also making electricity bills more affordable makes them an ideal partner for co-developing this unique VPP program.

This initiative raises the bar for future-proofing our electricity infrastructure and delivering cost savings to customers.

Read: Chinese solar giant Trina sells its Texas factory a week after it opens


To limit power outages and make your home more resilient, consider going solar with a battery storage system. In order to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*

FTC: We use income earning auto affiliate links. More.

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