Alexander Perov, leading expert of the National Energy Security Foundation

– The situation over the Baltic NPP project was quite complicated

Prime Minister of Russia Vladimir Putin has approved the construction of Baltic Nuclear Power Plant in Kaliningrad region. Hence, the Government of Russia has approved Rosatom’s project to build 2,300MW NPP in Kaliningrad region. The Ministry of Energy and Rosatom State Nuclear Energy Corporation have been instructed to make proposals on revision of the general scheme for allocation of power facilities in Russia till 2020.

The situation over the Baltic NPP project was quite complicated. But the decision of Vladimir Putin means that Baltic NPP will not only help Kaliningrad region to solve its energy problems but will enable it to export electricity abroad (the Baltic states, Poland, Germany).

Kaliningrad region is our outpost, an exclave having no border with mainland Russia. In terms of investment appeal, this situation has both pluses and minuses. The key minus is that it will be hard and expansive to transport special materials and equipment for the project.

The plus is that the plant will be close to Europe and will be able to supply its energy directly to European consumers.