Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

IAEA chief hopes to find solution for Zaporizhzhia nuclear plant by year-end

Published 12/02/2022, 03:39 AM
Updated 12/02/2022, 03:40 AM
© Reuters. FILE PHOTO: A view shows the Zaporizhzhia Nuclear Power Plant in the course of Russia-Ukraine conflict outside Enerhodar in the Zaporizhzhia region, Russian-controlled Ukraine, October 14, 2022. REUTERS/Alexander Ermochenko

© Reuters. FILE PHOTO: A view shows the Zaporizhzhia Nuclear Power Plant in the course of Russia-Ukraine conflict outside Enerhodar in the Zaporizhzhia region, Russian-controlled Ukraine, October 14, 2022. REUTERS/Alexander Ermochenko

MILAN (Reuters) - The International Atomic Energy Agency hopes to reach an agreement with Russia and Ukraine to create a protection zone at the Zaporizhzhia nuclear power plant by the end of the year, the head of the U.N. atomic watchdog was quoted as saying.

The nuclear plant, Europe's biggest, provided about a fifth of Ukraine's electricity before Russia's invasion, and has been forced to operate on back-up generators a number of times.

Repeated shelling around the Russian-held plant has raised concern about the potential for a grave accident just 500 km (300 miles) from the site of the world's worst nuclear accident, the 1986 Chornobyl disaster.

"My commitment is to reach a solution as soon as possible. I hope by the end of the year," Rafael Grossi told Italian newspaper La Repubblica in an interview published on Friday.

© Reuters. FILE PHOTO: A view shows the Zaporizhzhia Nuclear Power Plant in the course of Russia-Ukraine conflict outside Enerhodar in the Zaporizhzhia region, Russian-controlled Ukraine, October 14, 2022. REUTERS/Alexander Ermochenko

Grossi did not rule out meeting Russian President Vladimir Putin as well as Ukranian President Volodymyr Zelensky.

"Our goal is to avoid a nuclear accident, not to create a military situation that would favour either one party or the other", Grossi said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.