Chernobyl Nuclear Power Plant Chernobyl Nuclear Power Plant The Chernobyl Nuclear Power Plant or Chernobyl Nuclear Power Station (, "Chornobyls'ka Atomna Elektrostantsiya", , "Chernobyl'skaya AES") is a decommissioned nuclear power station near the city of Pripyat, Ukraine, northwest of the city of Chernobyl, from the Belarus–Ukraine border, and about north of Kiev. Reactor No. 4 was the site of the Chernobyl disaster in 1986 and the power plant is now within a large restricted area known as the Chernobyl Exclusion Zone. Both the zone and the former power plant are administered by the State Agency of Ukraine of the Exclusion Zone (Ministry of Ecology
Nuclear power in Ukraine In March 2016, Energoatom's assets and bank accounts were frozen by Ukrainian courts over allegedly unpaid debts; Energoatom appealed the decision, but the frozen finances led to contractual breaches. In June 2016 its bank accounts were unfrozen. In February 2018 Ukraine secured $250 million of U.S. funding to build a spent nuclear fuel storage facility, which will avoid the need ship spent nuclear fuel to Russia. In March 2018 Energoatom stated that electricity prices were too low to cover the cost of new nuclear fuel, and called for a price increase. In 2005 there were 17 deposits on the state