January 28, 2012 - 10:32 AMT
U.S. envoy calls on Turkey for transparent nuclear regulator

A more transparent and open regulatory environment for the nuclear sector would be more encouraging for American companies that wish to invest in this field, U.S. Ambassador to Turkey Francis Ricciardone said, Hurriyet Daily News reported.

“Your energy minister [Taner Yıldız] wants to encourage American firms in the nuclear sector. We think that is great, too. The regulatory environment in Turkey, however, discourages American companies from coming because the nuclear sector is wide open around in the world, but is still closed in Turkey,” Ricciardone said.

Turkey is planning to build three nuclear power plants in the next decade, totaling 4500 MWe, in the provinces of Akkuyu, Mersin and in Sinop. Turkey and Russia signed an agreement on construction of the first plant, but talks with Japan for the second plant were suspended after the earthquake in Japan last year.

However, U.S. companies do not seem interested in entering this field in Turkey. This is because of poor tender conditions, according to Michael Camunez, assistant secretary of the U.S. Department of Commerce, who called on Turkey to adopt an internationally approved tender process in order to attract American companies, during a visit to Ankara last month. “The regulations should be open and clear. There needs to be a strong and independent regulatory institution with long-term purchase contract,” Camunez told reporters.

“We have a conversation going on about opening the regulatory environment here to encourage American and foreign investment in the nuclear sector,” Ricciardone said. Citing the energy sector as an important field in which Turkish and American companies could cooperate, he said, “If you do not grow in generation capability, transmission and distribution there will be a bottleneck. It will hold you back. We are keenly interested in American companies and investors participating.”