Cooperation Agreement Signed Between Türkiye and the USA in the Field of Nuclear Energy

A grant agreement with a budget of approximately $2 million was signed between the Nuclear Energy Joint Stock Company of Turkey and the US Trade and Development Agency to evaluate the applicability of small modular reactor and fourth-generation reactor technologies in Turkey.

Signing Ceremony in New York

A new cooperation in the field of nuclear energy has been established between Turkey and the US. Minister of Energy and Natural Resources Alparslan Bayraktar accompanied the signing ceremony held at the Türkevi in New York, where President Recep Tayyip Erdoğan was present to attend the 81st General Assembly of the United Nations.

Signing Officials

The project-based agreement was made official with the participation of Necati Yamaç, General Manager of the Nuclear Energy Joint Stock Company of Turkey, and Thomas Hardy, Deputy Director of the US Trade and Development Agency.

Designs to be Evaluated

Within the framework of the agreement, small modular reactor designs from 4 US companies and 5 different fourth-generation reactor designs from US companies will be evaluated in detail from technical, economic, regulatory, and licensing perspectives.

Budget and Process Details

The financing of the technical study, which has a budget of approximately $2 million and will last for at least one year, will be fully covered by the US Trade and Development Agency.

Technical Reports to be Prepared

As a result of the studies to be carried out, design features, costs, supply chain, financial models, licensing status, and SWOT analyses will be examined, and comprehensive technical reports will be prepared.

Strategic Objectives

Minister Alparslan Bayraktar emphasized that this agreement was undertaken to diversify Turkey's energy basket in line with the 2053 Net Zero Emission and full energy independence targets.