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The 24 Best Market Research Tools & Software in 2024

market research platforms

UX & User Research Expert

Dwayne Charrington is a UX design and user research expert who explores a wide range of topics, including lead generation, feedback management, A/B testing, survey accessibility, and emerging technologies like AI and VR.

market research platforms

Market research tools have been at the heart of every business’s success. In a world where competition seems to be never-ending, knowing the ins and outs of your target market is more crucial than ever. 

According to a study conducted by PwC , companies that benchmark can achieve 69% faster growth and 45% greater productivity as compared to those that don’t. 

Market research has enabled organizations to uncover not only some of the biggest revelations about the market but also the tiniest details that most people miss. Market research helps organizations read between the lines and make informed decisions, which makes the process ever so important. 

market research platforms

Thankfully, in the 21st century, we do not require an insider to give us data about the market in the name of research. We now have some of the world-class software tools at our fingertips that would enable us to truly improve, evolve and empower our products and services for the people. 

In this blog, we’ve included a list of 12 of the best market research software and tools out there with some of the key details that you should know before making a decision to choose the one for you. 

But first, let’s take a closer look at what market research actually is.

The 24 Best Market Research Tools in 2024

There are plenty of online market research software tools that you can choose from. Here is a list of 12, which the users think very highly of:

Market research tool # 1.  Qualaroo

market research platforms

Qualaroo is the best market research tool and one of the best  online survey software  out there for conducting market research. It provides users with a market research platform that is easy to use and also offers actionable insights.

Qualaroo also helps you  develop user personas  through  advanced targeting , which helps you better  understand your users  and easily track their goals & behavior patterns.    

  • Easy to set up and can instantly start taking feedback.
  • Professionally designed survey templates to ask just the right questions.
  • Catches your visitors in real-time with context for valuable responses. 
  • Users can easily determine who and where the survey targets are
  • Can help create detailed  customer journey maps . 
  • Ask for product/website/app feedback from the audience based on engagement. 
  • Supports branching logic to easily go through the redundant users. 
  • Integrates with popular tools like Hubspot, Zapier, and Slack. 
  • Perfect for measuring customer satisfaction and loyalty using Net Promoter Score (NPS) surveys.
  • Helps to gather user experience (UX) feedback at every stage of the design process for any product.
  • You can test prototype templates through unobtrusive pop-up surveys called Nudges™.
  • Makes analyzing customer sentiments and open-ended survey results easier through the sentiment analysis engine
  • Needs more filters and export options for the reports.
  • Lacks a bulk action button in the survey dashboard.

Pricing:   Starts from $69 per month.

Market research tool # 2.  Google Trends

market research platforms

Google Trends is a free market research tool that presents data in the form of trend lines from all over the internet. When you enter a specific term into Google Trends, it will give you an accurate representation of how trendy that term has been over the course of time and also gives it a score out of 100.

  • Shows the frequency of your searched term in Google with respect to the website’s total search volume over a given period of time.
  • Refines your search by adding location filters.
  • Presents the trend graphically for better visualization of the result.
  • Easy to respond to surveys on any device, including mobile, tablets, and computers. 
  • Integrates with popular tools such as  Zapier , Automate.io, and Integromat. 
  • Data is generated into organized Google Sheets that can be instantly presented without making any alterations. 
  • Useful tool to acquire keyword-related and geographic data about the users.
  • Instantly uncover any search spikes due to special events for a search.
  • Sometimes shows irrelevant results for a searched term.
  • Shows only relative numbers, so a comparison analysis is necessary.

Pricing:  Free to use

Market research tool # 3.  SurveyMonkey

market research platforms

SurveyMonkey is another market research software that offers new market research techniques and provides different ways to customers for voicing their opinions. They have combined an enterprise-grade platform with a suite of specialized market research and customer experience solutions to ensure that the power of feedback can be given to organizations of all sizes. 

  • Professionally built question bank to ask accurate questions.
  • Personalized survey techniques like skip logic, branching logic, etc.
  • AI-powered analysis tool to get expert feedback on the survey draft. 
  • Test creative concepts by asking the right set of questions from the right audience. 
  • Ensures quality of data gathered from over 144 million users worldwide.
  • Ability to get help from market research experts and dedicated accounts managers with the flexible engagement model.
  • Potential to monitor market dynamics of a specific product category over time.
  • Easily design recurring surveys to track sentiments with time.
  • Embed survey questions into emails to improve response rates.
  • Provides accurate context from the updated benchmark data.
  • Analytical dashboard needs improvement to make data presentation better.
  • Sometimes glitches a little while designing surveys.

Pricing:  Starts at $25/user/month. 

Market research tool # 4.  Statista

market research platforms

Statista is one of the top market research tools that specializes in data visualization and market research. It picks up data from reputable reports that are present all over the internet and makes them easy to comprehend and digest for researchers and other users. It can find the specific data relating to your industry and create a statistical report on it, which would be much easier to understand. 

  • Ability to filter content based on a specific type. 
  • Hundreds of metrics to choose from and the ability to customize visualizations.
  • Also features forecasts and surveys reports.
  • Flexibility to analyze the markets across 150+ countries. 
  • Presents global stories and statistics in a vividly visualized manner. 
  • Ability to conduct Global Consumer Surveys to understand what drives the consumers. 
  • Can integrate with other marketing tools by simply copying the HTML code. 
  • Great tool for portraying Key Performance Indicators (KPIs) to understand the consumer market outlook.
  • Helps research and gather information about the companies like their headquarters, the number of employees, and revenue performance.
  • Can be challenging to find relevant data for long-tail search terms.

Pricing:  Starts at $39/month

Market research tool # 5.  Google Keyword Tool

market research platforms

Google Keyword Tool is a highly sophisticated  market research software and analysis tool  that acts as a window into the behavior of customers when searching online. Google Keyword tool provides valuable insights into queries that your target audience is searching on google.

It acts as an accurate product research tool that tells you what the customers are looking for. To use it, you need to create a free Google Adword account.

  • Shows you the volume of keyword searches.
  • Lets you filter keyword searches based on location and language.
  • Lets you filter searches based on the device that people use to search.
  • Helps marketers build a content strategy and marketing strategies as well. 
  • Offers users insights into the current marketing trends.
  • Expand long-tail efforts by discovering other important keywords in the same domain.
  • Integrates with other tools using Google API.
  • Shows the relationship between different keywords to help you find targeted related keywords.
  • Excellent tool to understand the competitiveness of the keywords.
  • Shows fewer keyword suggestions than other similar tools.
  • Needs more keyword filters in the dashboard.

Pricing:  Free to use.

Market research tool # 6.  Tableau Software

market research platforms

Tableau is a business intelligence suite for data visualization that needs no programming knowledge. Tableau uses analytics, visualization, and business intelligence to present the data in a visually appealing fashion for a better understanding.

It aims to transform the way we see and use data to make decisions. Tableau empowers its users with the help of its highly sophisticated market research tools to make the best out of their data. 

  • Lets you visualize data on anything.
  • Can easily extract data from PDFs, Excel, text, Python, SAS, and many more.
  • Tableau dashboard provides a comprehensive and wholesome view of your data.
  • Enables the marketing team to directly access the data from different formats.
  • Visualizes the market research data to generate actions and make quick decisions. 
  • Natively integrates with other market research tools like Qualtrics and Salesforce. 
  • Flexible team collaboration and data sharing options.
  • Makes it easy to connect with live data sources to stay up to date. 
  • Offers data heat maps to give a general sense of the emerging patterns in the market.
  • Can be an expensive tool for some businesses.
  • You may need help from the IT department to set up the tool.

Pricing:  Starts at $70/user/month.

Market research tool # 7.  Typeform

market research platforms

Typeform is another market research software and online survey tool that allows you to conduct market research surveys to get a direct response from your targeted audience. It has a built-in photo and video libraries and a wide range of design themes to choose from. Typeform primarily aims to create people-friendly forms by making them appealing, which would gather more responses and better insights.

  • Shows the viewers one form field at a time. 
  • Easy to use and optimize for mobile devices.
  • Let’s you create a wide range of question types. 
  • Make the form uniquely yours with a wide range of customization options.
  • Integrates with other tools like Google Sheets, Salesforce, Slack, etc.
  • The drag and drop feature allows users to create forms within minutes.
  • Variety of question types including multiple-choice, rating, opinion scale, free-form text, and many more.
  • Creating conversational and casually approached surveys. 
  • Gathering demographics of the customers to understand their behavior patterns. 
  • Creating positioning strategy through survey results. 
  • Survey design options need more flexibility and customization options.
  • It would be good if there were more filters in the reporting dashboard.

Pricing:  Starts at $25/month.

Market research tool # 8.  SEMrush

market research platforms

SEMrush is another very effective market research software tool that marketers use to boost their conversion rates. It has over 40 tools under its portfolio that can be used to attract more visitors and increase conversions. 

This tool primarily aims at improving online visibility and discovering marketing insights by offering services like SEO, PPC, SMM, Keyword Research, Competitive Research, PR,  Content Marketing , Marketing Insights, analytical tools for market research , Campaign Management.

  • Provides tools like keyword research, on-page SEO, and local SEO.
  • Easily monitor and manage organic rankings.
  • Provides tools for content marketing, creation, distribution, optimization,
  • It’s the best  tool for market analysis . 
  • Lets you explore and analyze the demographics of competitors in the market. 
  • Determine how to market competitors earn their traffic and also estimate your market share. 
  • Integrates with popular Google and social networking applications. 
  • The technical audit report gives in-depth suggestions for site optimization.
  • One of the best enterprise-level tools.
  • Provides a plethora of segmentation options for keyword suggestions to find the right keywords.
  • Training docs can be hard to navigate. It can be hard to find what you are looking for.
  • Backlink suggestions dashboard can be improved. Sometimes, it misses a lot of backlinks.

Pricing:  Starts at $119.95/month. 

Market research tool # 9.  Ahrefs

market research platforms

Ahref is also the top  tool for business research  or market research that offers a fully-packaged suite of  conversion rate optimization tools  is Ahrefs. It is an extremely diverse software that has tons of functionality and can easily make anyone an SEO expert. It is an extremely powerful tool for backlinks, SEO analysis, and also managing your SEO health over time.

  • Ranks keywords with respect to their level of difficulty and traffic potential. 
  • Conduct site audits to understand the weak links and boost the conversion rates.
  • Conducts keyword research for Google, YouTube, and Amazon.
  • Finds content that performs well on a given topic.
  • Tons of different metrics to measure the data on.
  • Integrates with tools like Tray.io and Rank Ranger using Ahrefs API
  • Provides insights into competitors’ organic search and backlinking profiles on different websites.
  • Helps to find the most optimized and well-performing content to generate new ideas and analyze competitors’ content.
  • Coes with a slight learning curve. Needs inline tooltips in the product menus for quick access.
  • PPC features need some optimization.

Starts at $83/month, billed annually 

Pricing:  Starts at $99/user/month.

Market research tool # 10.  Upwave (Formerly Survata)

market research platforms

Upwave, formerly Survata, is one of the best analytics and market research platforms to help you measure the effects of your brand advertising efforts. You can use the inbuilt dashboard to track every campaign across various channels and optimize them to improve ROI. The data from Upwave has been featured in brands like Forbes, USA Today, CBS News, and The New York Times.

  • Track and optimize brand advertisement to improve brand awareness.
  • Get real-time updates about outperforming aspects of every campaign to run timely optimization.
  • Receive email notifications to get refreshed reports directly in your inbox.
  • Provides automated tracking of different demographic & behavioral profiles in each campaign.
  • You can see how accurately each campaign is reaching the target audience across various channels.
  • Create customer dashboards to monitor the performance of your campaigns.
  • Leverages AI-based Upwave Customer Forecast feature to predict brand lift and customer acquisition for your campaigns.
  • Track market penetration, i.e., the percentage of the target audience you reached for any campaign.
  • You can estimate customer acquisition numbers to study the effectiveness of your brand marketing campaigns and make changes.
  • Needs more filters to include other behavioral traits in the dashboards.
  • Dashboard UI can be overwhelming for new users.

Contact for a quote

Market research tool #11.  AnswerThePublic

market research platforms

Answer the public is the best software for market research according to their home page, ‘There are 3 billion Google searches every day, and 20% of those have never been seen before”.  AnswerThePublic is responsible for listening to autocomplete data from search engines and cranking out every useful phrase or question that people are asking about a given keyword.

  • Helps you get a sense of what the people are really asking for. 
  • Gives you the context behind every search. 
  • Very easy to use and digestible for beginners. 
  • Listens to autocomplete data from search engines like Google and cranks out useful phrases and questions. 
  • Also acts as a goldmine for consumer insights, and the data can be used to create extremely useful content and product.
  • Integrates with other popular applications to generate more insights. 
  • An excellent tool for insights, validation, creativity, and creating content strategies.
  • Word Cloud feature is fantastic to visualize related keywords and their relationships.
  • Helps to uncover the untapped potential of search demands for different queries.
  • The database is constantly updated to help you spot new trends, slang, and topics.
  • Sometimes, the results become less relevant when you search for more than two keywords simultaneously.
  • It’s challenging to find keywords for niche markets.

Market research tool #12:  Social Mention

market research platforms

Social Mention is one of the  best tools for market research  that digs through 100+ social media websites like Facebook, Twitter, WordPress, and many more, to determine the number of times your brand or keyword has been mentioned. It has the ability to accurately track and measure what people are saying about your brand.

  • Displays how much your keyword crops on all social media platforms.
  • Distinguishes between positive and negative sentiments.
  • Gives a general overview of the customer’s perception of your brand. 
  • Users can determine the overall footprint of their brand and make informed decisions.
  • Supports simple integration with popular social media applications for more meaningful data.
  • You can also determine the number of people talking about your keyword at any given time. 
  • You can set up alerts for more minor updates using tags within broader categories.
  • Consolidates the data from all over the internet under one dashboard for real-time monitoring.
  • Makes it easy to research specific domains where the audience is looking.
  • The UI can be updated to improve navigation for new users.

Market research tool # 13. Think With Google

Think with Google - Discover Marketing Research & Digital Trends

Think With Google is a one-stop information resource to monitor customer behavior, get marketing insights, and view the latest industry trends. It offers several tools to find the right demographic audience for your business, test and optimize your website, and track real-time consumer behavior across any location. So, if you are looking for the best market research resources, this is the one to go for.

  • Run a site audit on your domain and get custom tips on improving site speed, UX, and other aspects.
  • Lets you search trends and actionable consumer insights for specific locations.
  • Track emerging technologies to plan the future of your marketing strategies.
  • Benchmark your website against industry standards with a simple test.
  • Use Google Trends to discover trending topics, latest stories, and other hot topics.
  • Free-to-use online repository to explore new markets, find the right audience, and access global consumer behavioral data.
  • No advanced features to find information on sub-categories or niche markets.

Market research tool # 14. BuzzSumo

BuzzSumo

BuzzSumo is an excellent content marketing and researching platform to produce high-performing content. You can do keyword research, competitive analysis, brand monitoring, and more to grow your business. The platform also offers a chrome extension to make the job easier.

  • Find the target keywords to design your content based on monthly search volume, cost per click, and other parameters.
  • Track viral trends in real-time for any domain, topic, and location.
  • Track new content around your target keywords to design your SEO strategies.
  • Find the most popular influencers worldwide for any topic to sponsor them for your brand.
  • Set alerts for desired keywords, blogs, brand mentions, competitors, and influencers.
  • Track backlinks to your domain from all over the internet.
  • One of the best tools for social listening and keyword research.
  • The Chrome extension is an excellent addition to one-tap monitor the performance of your campaigns.
  • Doesn’t monitor the content or engagement data for Instagram posts.
  • Needs more filters to separate news and general topics.

Starts @ $79/month, billed annually

Market research tool # 15. Make My Persona

market research platforms

If you are new to building a buyer or user persona , then MakeMyPersona is your tool. It’s a simple market research software from HubSpot that creates a buyer persona based on the data you enter into the form. Just fill in the details, and you get a ready-to-use persona template to study different customer segments. And it’s free.

  • Uses demographic and psychographic details of your target audience to build a buyer persona.
  • It asks for details like age, organization’s size, job title, goals, challenges, etc.
  • You can also add new sections manually, if necessary.
  • Download and export the buyer persona with a click.
  • Quick and easy to use to build customizable persona templates.
  • Requires market data from your end. You cannot use it to find information on the target market.

Market research tool # 16. PureSpectrum Insights

market research platforms

PureSpectrum Insights (formerly Upwave Instant insights) is a consumer insights platform to collect market research and brand tracking data. You can create surveys and questionnaires to ask questions to the right audience to gather valuable insights for your marketing strategies. The company also offers PureSpectrum Marketplace to help you buy samples from multiple market research panels with one click.

  • Create focused research and brand tracking surveys and distribute them to the target audience.
  • Target the right people based on age, gender, shopping behaviors, income, job title, and other inbuilt attributes.
  • Get real-time updates about the performance of your market research campaign.
  • Use the PureSpectrum marketplace to find the right target audience for your surveys.
  • Track the data in real-time using detailed reporting dashboards.
  • The panel service helps to get to the required sample size quickly.
  • To improve data quality, you can create crosstab reports and set up significance tests in minutes.
  • Limited survey options as compared to other tools.

Contact for quote

Market research tool # 17. Loop11

market research platforms

Loop11 is a usability testing and market research tool to build better products. You can perform usability testing, benchmarking, prototype testing , information architecture testing, and more using the same tool. It offers both moderated and unmoderated testing so you can find the right audience to test your product and prototypes. 

As an audience research tool, you can use it to see how your product appeals to your new target market, explore their preferences, and channel the insights into the design.

  • Offers a user-friendly test builder to guide you at every step of designing a test. No coding is required.
  • Create tasks, such as five-second, first click, tree testing, etc.
  • Add surveys to your test to collect in-depth demographic and psychographic data.
  • Design surveys using multiple question types like multiple-choice, single-choice, NPS, rating, and System Usability Scale (SUS).
  • Run your test on any device like desktop, mobile, or tablet.
  • Provides a dedicated participant panel service to find the right participants globally for your tests.
  • Offers video, audio, and screen capture to collect first-hand data from users.
  • Edit videos to extract useful points like adding time-stamps, assigning tags, and more.
  • Track test metrics like task completion rate, lostness, time on task, and NPS scores.
  • Use inbuilt behavioral analysis tools like heatmaps and clickstream to map participants’ journeys during the test.
  • Offer more flexibility in annotating and sharing the clips than other similar tools.
  • An inexpensive tool with a wide range of testing options.
  • The participant panel offers niche filters to help you target the right people for your tests.
  • You cannot make changes to a test after publishing it.
  • It may slow down your website a little.

Starts at $63/month, billed annually

Market research tool # 18. Qualtrics

market research platforms

Qualtrics is one of the most advanced experience management platforms in the market. It comprises different product suites to cover different aspects of your business. You can gauge customer satisfaction, optimize products and services, run market research campaigns, and track brand awareness from the same platform. Plus, AI-based analytics put it among the leading Market research tools to collect data for brand tracking and advertisement optimization.

  • Track brand awareness through AI-based dashboards.
  • Uncover the aspects that provide positive and negative brand perceptions among your audience.
  • Set up automated alerts to track changes in brand signals or awareness.
  • Run surveys to collect customer feedback and market research data.
  • Offers 27+ deployment channels like website, app, link, email, and QR code.
  • Use the drag-&-drop builder, 50+ answer types, branching logic, 100+ templates, theme customization options, rebranding, and other features to design surveys.
  • Provides targeting options to target the right people.
  • The iQ™ analysis engine leverages AI, machine learning, and NPL to extract data, spot opportunities, and suggest improvements automatically.
  • Offers XM services to collect and manage market research data for you.
  • Generate custom resorts to align your data with your business KPIs for real-time insights.
  • Limited customization options for your surveys.
  • It takes time to add the contract data to directories. It could be improved to make the process faster.

Market research tool # 19. SimilarWeb

market research platforms

SimilarWeb is among the most trusted and leading market research tools that offer in-depth data on different industries. You can find the top website, best apps, top trending topics, and other data around your industry. The company also offers data intelligence services to help you collect insights into your target market and audience. Plus, you can perform keyword research to find relevant keywords for your marketing strategies.

  • Analyze any website and mobile app to view their ranking, total traffic, demographic targeting, competitors, marketing channels, etc.
  • Uncover top keyword trends based on organic vs. paid search, channels, traffic sources, and other attributes.
  • Perform keywords research to find new keywords.
  • Run benchmarks for your website against industry standards.
  • Leverage the data repository to track and monitor consumer data signals from over 100 million sites worldwide.
  • Explore competitive insights, global market trends, and audience behavior on domain and sub-domain levels.
  • Get shopper insights to track consumer behavior across your website, marketplace listings, and app.
  • Offers a Chrome extension to get quick performance insights about any open web page.
  • Easy to use and navigate. The UI is intuitive and user-friendly.
  • Sometimes the data does not accurately represent the actual insights.
  • Poses a learning curve for new users. Could benefit from a detailed knowledge base.

Market research tool # 20. Userlytics

market research platforms

Userlytics is one of the best tools for market research and user testing. You can easily conduct remote usability testing to align your products with the target audience. It also lets you collect information about your participants and interact with live conversations to gather in-depth market data without the hassle of arranging personal interviews, making it a perfect online market research tool.

  • Choose from a plethora of test types like tree testing, card sorting, usability testing, prototype testing, and more.
  • Use the tests to find the right product-market fit, test products, and conduct in-depth market research.
  • Offers features like multiple question types, branching logic, rebranding, multi-language support, and others to create targeted tasks.
  • Use built-in targeting options to select the right audience for your tests.
  • Provides picture-in-picture recording to view how participants perform the tasks.
  • Choose your own participants or access Userlytics’ panel services to select your target audience.
  • Offers advanced dashboards to track metrics like NPS scores, time on tasks, and success/failure rate.
  • The Global participant panel with inbuilt filters makes it easy to find the right audience.
  • The feedback editing tool lets you create highlight reels, bookmark, download, tag, share, and rate the transcripts to extract valuable insights.
  • The panel credits needed to recruit participants cannot be shared with other users within the same company. So, you have to buy more credits for each separate account.
  • It can be expensive for small businesses.

Subscription plans start at $399/month. billed annually

Market research tool # 21. Temper

market research platforms

Temper is among the more straightforward feedback and audience research tools that let you collect user insights and other important data about your products and services. With simple surveys on different web pages, you can measure customer satisfaction, collect demographic and behavioral data on your target audience, gauge customer experience, and do more. 

The tool is perfect for small businesses getting started with market research resources or creating a feedback loop.

  • Create and add survey widgets to your website and email.
  • You can show the widget as a page pop-up or embed it into the page.
  • Provides multiple question types like NPS, emoji, free-text, rating scale, and more.
  • Fetches respondents’ meta-data to build your market research resources.
  • Add custom tracking variables to pull other user data like email address, user ID, order number, etc.
  • Offers inbuilt targeting options to show the widget to the right audience.
  • In-built sentiment analysis dashboard to show overall sentiment score for each campaign.
  • Beautiful dashboard to view scores with time and track any changes in real-time.
  • The dashboard is simple but intuitively designed to display all the data without appearing overwhelming.
  • Custom tracking is an excellent way to identify logged-in users and quickly act on their feedback.
  • Lacks more question types offered by other similar tools.
  • No advanced tools for quick data analysis.

Starts at $12 month

Market research tool # 22. BrandMentions

market research platforms

If you want to know what people are saying about your brand, BrandMentions is the perfect tool. It’s a great market analysis tool to instantly search every corner of the internet and track brand engagements. From social listening to competitor spying, you can do it all and more with this feature-packed platform.

  • Track aggregated social mentions across various social channels like Facebook, Instagram, Twitter, etc.
  • Respond to people’s brand mentions from the dashboard to build an online community.
  • Find and connect with the right influencers to fuel your marketing efforts.
  • Monitor Hashtag performance across different channels.
  • Run sentiment analysis of all the brand mentions and track the overall sentiment tone of people about your brand.
  • Perform competitive analysis to analyze how your rivals are performing on the internet.
  • Track your competitors’ brand mentions, social shares, and other data to identify their most popular channels.
  • Set alerts for trending topics and news to stay on top of optimizing your business strategies.
  • The UI is simple to use and navigate.
  • Set real-time alerts for negative mentions to take quick action and build brand reputation.
  • The initial setup takes time. We recommend consulting tutorials or help guides.
  • Needs a bigger integration stack to export/import data to other workspace tools.

Starts at $99/month

Market research tool # 23. GrowthBar SEO

GrowthBar

GrowthBar offers an all-in-one SEO toolkit for keyword research and competitive analysis to grow your business. You can find new target keywords, create new content ideas, and track competitors’ websites with a click. The business research tool also offers a Blog Marketplace to help you find the top freelance SEO writers for your blogs.

Features 

  • Offers AI-based content assistant to auto-generate optimal titles, headers, introductions, word counts, images, and more for your blog posts.
  • Use the inbuilt dashboard to view related keywords, difficulty scores, and suggestions for any keyword.
  • Track DA, targeted keywords, Google and Facebook Ads, backlinks, and other data for any competitor website.
  • Access the Blog Marketplace to find the right freelance writers to publish quality blogs.
  • Offers Chrome extension to get SEO insights about any open webpage without leaving the browser.
  • The AI-based content assistant comes in handy to generate optimized content outlines in minutes.
  • Cannot do advanced SEO research like other similar tools.
  • No option to track broken links.

Starts at $29/month, billed annually

Market research tool # 24. Ubersuggest

Ubersuggest:

Ubersuggest is another market research tool to generate new keyword ideas for your campaigns. You just need to enter a domain or keyword. The tool shows keywords suggestions, monthly volume, and other data to help you identify the best opportunities for the target keyword. UberSuggest was acquired by Neil Patel, who has since expanded its feature list significantly.

  • Generate long-tail and short-tail keywords ideas for your target keyword.
  • Track metrics for each keyword like monthly search volume, PPC competition, average CPC, SEO competition, and more.
  • Track top-ranking pages for any target keywords with estimated traffic, social share, and domain scores for each website.
  • You can also analyze any domains for traffic, domain score, organic keywords, backlink score, and other useful information.
  • Provides an SEO analyzer to run Site Audit and speed tests on your website and show suggestions to optimize it.
  • The free version offers all the features to generate new keyword ideas.
  • Uses location-based data to enhance data accuracy.
  • Offers Word-Cloud keyword display to help you identify relevant keywords around the target term.
  • Lacks several technical SEO features.
  • Show limited results for niche target markets.
  • No custom reporting option.

Free. Paid plans start at $12/month

Must-Have Features in Market Research Tools

You have already come across what market research software tools can do and how they are useful to marketers. But what makes a market research tool great and desirable? Let’s take a look at some of the features that every market research online tool should have

1. Identifying the Target Audience

Each step in the process of market research is crucial, but it stems from identifying your target audience in the initial stages. The inability to identify the right target audience would automatically result in the market research being void and halt the process entirely.  Therefore, a market research tool should, first and foremost, be able to fetch you the right set of audience to ask the questions from.

2. Creating a Research Questionnaire

The step that follows the identification of the target audience is the creation of a research questionnaire that will fetch you the answers that you are looking for. 

A good market research tool should provide users the ability to draft questions that: 

  • Make the surveys engaging 
  • Keep the surveys short 
  • Always ask the right questions

3. Sharing Your Research Questionnaire

Another must-have feature of any market research tool is the ability to share the research questionnaire on multiple platforms through different channels. The flexibility of sharing your research questionnaire on different platforms is directly correlated to gathering accurate and significant data.

Respondents should be given the ability to opt for platforms that are convenient to them, like emails, social media, web links, SMS shares , and many more.

4. Collecting Data and Creating Information

A good market research tool should always be able to collect raw data and process it in such a way that it gives valuable information to the researcher. This is where an analysis tool comes in. 

The analysis conducted by the research tool should give actionable market insights by analyzing the data on a granular level and presenting it with the help of a robust reporting system.

Final Tips for Conducting Market Research

At this point, you are well aware of how important ongoing market research is for the organization’s long-term success. But even if you fully understand the depths of market research, you need to leverage it effectively. 

For that, here are some of the quick tips that would be useful for you while conducting market research:

1. Context Is Everything

Data is everywhere, yet so little of it is of any use. Even with tons of invaluable information at our fingertips, we often are clueless as to how we should use them. Understanding the true meaning and the reasoning behind the information is what makes research complete. 

As a good researcher, you should always be aware of the possibilities and limitations out there and harness the vast potential of information out there to paint a clear picture in the form of market research.

This can be done by always trying to look beyond the data points and asking questions to understand the actual meaning around the data.

Also Read: How To Measure Customer Satisfaction In Context

2. Make It Personal

When it comes to interpreting the data, you should always try and engage with the researchers and the analysts to understand how the data would be applicable to your organization. Market research is not about reading recorded visuals and texts or purchasing a report card and moving on. 

There is a vast amount of information captured on a daily basis that does not make it to a publication and remains unused. Research is often widely applicable, which is why you should personally engage with research personnel or analysts who work behind the scenes to curate the research.

Asking them the right questions about the applicability of research would give you a much better understanding.

Remember, Research Is an Ongoing Process

We live in an ever-changing society, where the consumer’s needs and market trends change at a rapid pace. In order to analyze and interpret those trends and consumers’ needs, you need to study them on a regular basis. Research needs to be an ongoing process with no inevitable end to ensure that you always stay ahead of the curve at any given point in time.

Ask the Right Questions

Before starting with your marketing research, you need to have your objectives in place. These objectives act as a blueprint for your research and would guide you towards successful market research. 

While focusing on the core objective, you would need to derive the right set of questions that would gather the specific data needed to fulfill your research. Here is a quick example of questions that can be applied in your research:

To understand how your visitors came to know about you

  • How did you find our website?
  • What search term did you use to find our website?
  • What was the first thing you found out about us?

Understanding the purpose of your visitors

  • What brings you to this website today?
  • What product or service are you looking for?

Understanding the exit intent

  • What is preventing you from signing up?
  • What is preventing you from starting a trial?
  • What could we do to make this site more useful?

Related Read – To know more about the survey questions, have a look at What Survey Questions Should I Ask?

Reflect on the Insights

Conducting market research is not the end of the process. The important bit is what comes afterward. Sharing the research data with your team and other organization members is the ideal thing to do when it comes to interpreting it. 

You can also use the analytical tool provided in the market research software that would comprehensively decipher the data and give you a bird’s-eye view. This is how reflecting on the data would give you the ability to make critical decisions.

Ultimately, market research will always be considered as a highly sophisticated way of gaining insights and answers that will eventually reduce business risk and ensure overall success.

Research success can always be determined by comparing your discoveries with the business objectives. Proper deployment of market research tools is one of the biggest enablers of this success.

With that being said, you have been enlightened with some of the best market research tools out there. All you need to do now is evaluate your needs and map them with the tool that can make it happen for your business by helping you develop what your customers need.

Dwayne Charrington

About the author

Dwayne charrington.

Dwayne Charrington is an expert in UX design and user research, showing a strong grasp of how to improve user interfaces and interactions. He explores a wide range of topics, including lead generation, feedback management, the importance of survey accessibility, and how new technologies like AI and VR are changing how users interact with products. He shares insights on creating clear navigation, using A/B testing to make smarter design choices, and the power of storytelling in UX. Dwayne also focuses on optimizing mobile experiences and champions privacy-by-design, ensuring users feel satisfied, secure, and valued.

Research

13 Market Research Tools: Best in Class for 2023

13 Market Research Tools: Best in Class for 2023

Most market research tools are designed to make it quicker and easier to find relevant data . Whatever the market, product, or purpose, the right research tools can do just that.

But, let’s be honest, some do it far better than others.

Whether you’re an enterprise firm with complex needs and a budget to suit or a smaller business needing free market research tools, read on to discover which online tools for market research are hot right now.

Note: The top market research tools list has been collated using review platforms like G2 , along with direct feedback I collected from over 500 business leaders in June, 2o22.

#1 Best overall market research tool: Similarweb Digital Research Intelligence

Most-loved feature: The Benchmarking tool

We might be a little biased, but this really is the fastest way to see how you measure up against competitors in any sector or location. Analyze market leaders and rising stars to unpack and track their digital success instantly.

Best market research tool for online intelligence

Quick Explainer

Similarweb Research Intelligence is a single source of truth for the online world. Giving any business the ability to quickly analyze the online aspects of any industry or market in an instant. It displays critical insights in a way that makes it easy to view trends, competitive performance, audience insights, growth opportunities, and more. It’s the only market research analysis tool that brings together data from desktop, mobile web, and apps to provide a complete view of the digital landscape.

Key abilities

  • Competitive benchmarking
  • Market research
  • Company research tool
  • Audience analysis
  • Consumer journey tracker
  • Mobile app intelligence

Freemium Version: Yes, there is a lite version of the product that provides limited data for a single user, and a single location.

Free Trial: Yes, there’s a 7-day trial available. Try it out here .

Ongoing Subscription: Yes, you can pay monthly or annually for a subscription. Different levels are available, and each package is tailored. Review pricing and plans for Similarweb here.

Like what you’ve seen so far?

See our market-leading digital research tool in action in this quick 2-minute clip.

#2 Best free market research tool: Think with Google

Most-loved feature: Find my Audience

A way to discover new audiences on YouTube based on things like habits, interests, and intended plans to purchase.

think with google market research tool

Think with Google is a suite of digital research tools that curate resources from a huge pool of data across the web. It presents them as insights that aren’t typically available elsewhere. It’s a unique way to view trends, insights, and stats. Data isn’t offered in real-time but serves more as a library of figures and facts that take the form of articles, videos, interviews, case studies, and more. In addition to being a place people can go for forward-looking perspectives and data, there are several tools designed to help marketers.

Key functions

  • High-level insights into most local or national markets
  • Behind the scenes look at cross-platform digital campaigns
  • Consumer insights
  • Deck-ready stats (not in real-time)
  • A range of tools to inform marketing objectives and actions

Freemium Version: The entire suite of market intelligence tools is free.

Free Trial: As a free market research tool, no trial is needed.

Ongoing Subscription: You can subscribe to a newsletter, but not the product.

#3 Best digital research tool for content and FAQ development: Answer the Public

Most-loved feature: Search listening alerts

A pro feature that sends you weekly emails that indicate how search behaviors shift over time. It takes the specific phrase or keywords you’re tracking in the platform and updates you weekly.

digital research tool for content

Quick Explainer 

Discover the questions people are asking online about key terms, products, or services. It’s designed to help content teams and website owners develop new content ideas, and relevant FAQs that are based on the types of queries people ask online.

  • Track important keywords and phrases
  • Get weekly emails about changes in search behavior
  • Enter any keyword to uncover relevant questions or search terms
  • Folders to help organize your research

Freemium Version: Yes. You get a limited number (3) of searches per day.

Free Trial: No.

Ongoing Subscription: Yes. You can pay monthly or annually for this service. Pay-monthly fees are a flat rate of $99. Discounts are offered for yearly subscriptions.

#4 Best tool for market research surveys: SurveyMonkey

Most-loved feature: Question bank

A library of hundreds of questions, pre-written by survey methodologists.

market research tool for surveys

As far as market research surveys go, it’s the leading online research tool for surveys worldwide. With plans to suit the individual through to the enterprise, it’s a feature-rich, easy-to-use platform that encompasses creation, collection, and analysis under one roof. Surveys are optimized for any device and integrate with platforms like Zoom, Salesforce, Marketo, and more.

Key functions 

  • Create and send unlimited surveys, quizzes, and polls
  • Pop-up online surveys
  • Mobile app access to create, send and analyze surveys on-the-go
  • Team collaboration function (unlocked with a team plan)
  • Survey builder
  • Customization and branded surveys (available with advantage or premier plans only)

Freemium Version: Yes

Free Trial: Occasionally, free trials are offered for premium plans.

Ongoing Subscription: Yes, you can pay annually or monthly. There are three different plans to choose from, ranging from $25 to $129 per month.

Helpful: Check out our blog and see 18 different ways to use market research surveys .

#5 Best online research tool for marketplaces: Similarweb Shopper Intelligence

Most-loved feature: Cross-shopping analysis

Cross-shopping analysis shows you how loyal a segment of customers is to a brand, along with what other brands they browsed or bought from. Uncover competitors and discover new partnership opportunities; these are game-changing insights if you sell on any marketplace.

Similarweb shopper intelligence platform

Similarweb Shopper Intelligence is a type of online market research tool that helps you uncover and analyze browsing and buying behavior across marketplaces. Using its data, businesses can track category, product, and brand performance with ease. It helps ecommerce organizations to detect potential threats, unearth new product or category opportunities, discover new potential partnerships, and optimize search strategy and performance.

  • Monitor consumer demand for any product, brand, or category
  • Retail search strategy optimization
  • Consumer behavior insights
  • Track cross-shopping, loyalty, and purchase frequency
  • Analyze brand awareness

Note: This solution uses a unique data methodology via multiple networks and partnerships. At the time of writing, there is no other consumer behavior insights tool for market research that offers this quality of data for marketplaces.

Freemium Version: No.

Free Trial: Yes. There is usually a 7-day trial available here .

Ongoing Subscription: The price is determined by things like the number of categories and/or domains you want to access. Each quote is customized to a client’s specific needs.

Want to know a little more?

Watch this quick clip to see the best ecommerce digital market research tool in action.

#6 Best market research tool for brand tracking: Latana

Most-loved feature: MoE (margin of error) Readings

To deliver transparency on data confidence levels, Latana’s dashboard includes a feature that allows clients to toggle-on, or toggle-off, margin of error (MoE) readings on all data points. These are highlighted using a traffic-light system of confidence (red=low confidence, orange=medium confidence, and green=high confidence). This small feature makes a big impact — it helps clients to correctly interpret the data and to visibly see quality shortcomings.

Latana research tool for brand monitoring

Latana is a B2C brand tracking tool that provides granular insights about online audiences. It helps organizations understand how key segments of consumers feel about brands and portrays relevant standings vs. industry rivals.

  • Focus on niche consumer segments that matter to your business
  • Uncover rival’s audience data and identify opportunities to grow
  • Understand brand perception, and track how it changes over time
  • Discover the most well-known brands in your industry
  • Track rival’s brand awareness across gender, age income, location, and education
  • Find out the main purchase drivers for your industry
  • Infrastructure gives reach to over 6 billion smartphone users globally for representative brand opinions

I caught up with Latana’s CMO, Angeley Mullens. Here’s what she has to say about their offering.

Angeley Mullins Quote

Ongoing Subscription: Pricing for Latana isn’t available online. All packages are tailored to individual brands and their specific needs.

Enjoy 360 Visibility 24/7

Get the data you need to adapt to market changes and industry trends in an instant.

#7  Best research tool for social media listening: Hootsuite

Most-loved feature: Multi-channel insights

It’s a legacy feature, but one which makes it the best online research tool for social listening and monitoring. Having the ability to easily schedule posts, ad campaigns, and handle responses for every social media channel from within a single platform is what makes this a market-leading digital research tool.

hootsuite digital research tool for

Hootsuite continues to claim the number 1 spot on G2’s list of digital research tools for social media monitoring . It’s a tool to help you manage all aspects of business social media, across multiple channels, in a single platform. As well as being able to manage your socials, it also keeps you up-to-date with the latest trends and activities of your rival’s social media channels.

  • Publish and schedule social media posts
  • Measure cross-platform results
  • Message management
  • Social media trend analysis
  • Social media ad-campaign management

Freemium Version: Yes. You can get a free version that supports 2 social accounts and 1 user.

Free Trial: Yes. A 30-day free trial is available here .

Ongoing Subscription: There are four plans; professional, team, business, and enterprise; ranging from $49-$739.

#8 Best digital research tool for prospecting: Similarweb Sales Intelligence

Most-loved feature: Insights generator tool

The insights generator shows you unique facts for your prospects and accounts; with complete visibility into their digital strategy and performance. It’s ideal for refining sales and marketing efforts while staying focused on growth.

online market research tool for prospecting

Similarweb Sales Intelligence helps organizations find viable prospects by showing you who to reach out to, when to do it, and how to capture their attention. The lead generator tool helps you find the right prospects, and key insights help create engaging outreach emails. For sales departments, ecommerce and mar-tech sectors, this type of digital research tool can take prospecting and engagement to a completely new level; along with revenue and growth.

Key functions: 

  • Lead generation and enrichment
  • Digital insights for 100M+ ecommerce websites, publishers, and advertisers
  • Fraud detection
  • Sales engagement
  • SFDC integration

Free Trial: Yes, if you would like a free trial, please request that here.

Ongoing Subscription: Prices for this digital market research tool varies depending on the package and options chosen. Grab a live demo of the product and get a tailored quote here .

Insightful : If you’re looking at market research tools for the ecommerce industry, bookmark our Ecommerce Trends and Predictions for 2023 to read later.

#9 Best market research analysis tool for data visualization: Tableau

Most-loved feature : Connects to almost any data source

tableau digital market research tool

As a clear market leader, and a no-brainer for larger organizations with business intelligence analytics and teams. Tableau leads the way in online research tools for data visualization. It connects to a huge range of data sources and pulls information into a highly-appealing dashboard that is designed to make it easier and faster to explore and manage data. It takes data from platforms like Similarweb, then combines it with other data sources before presenting crisp, clear, insights that have the power to shape strategies and drive key transformations.

  • Lightning-fast analytics
  • Smart dashboards for richer insights
  • Live connection to almost any data source, with automatic updates
  • Drag-and-drop style UI: easy to use

Freemium Version: No. However, students and teachers get a year’s free access to the platform.

Free Trial: Yes. You can subscribe to a free 30-day trial.

Ongoing Subscription: Most plans are offered annually, with prices ranging from $15 per month upwards. The price depends on whether you use their hosted or on-premise versions, the number of users, and the inclusion of specific plugins.

#10 Best market research tool for UX testing: Loop11

Most-loved feature: Online usability testing

This feature analyzes the usability of a website with users performing live tasks on a site. It helps you understand user behavior, and shows how and why a website is used.

Loop11 market research tool for for UX testing

Loop11 is a market research tool that provides usability testing to help organizations build better websites and products. It comes with a pack of useful features that provide both moderated and unmoderated testing, helping businesses to find the right audience to test prototypes and products. It’s designed to help you see how appealing a product is to a particular audience, determine their preferences, then build these insights into a design.

  • Ability to test across multiple devices, including tablet, mobile, or desktop
  • User-friendly test builder that requires no coding
  • Easy-to-add surveys that collect psychographic and demographic data
  • Provides useful metrics like time on task, task completion rates, and NPS
  • Mapping of customer journeys during a test period

Free Trial: Yes, a 14-day trial is available here .

Ongoing Subscription: All plans come with the option to pay monthly or annually. Prices range from $199-$599 per month.

#11 Best research tool for measuring customer experience: Temper

Most-loved feature: Rating stream

See real-time feedback as customers respond to questions via website or email channels. The stream provides a detailed view of ratings, comments, locations, referrers, email addresses, and more.

Temper market research tool for customer satisfaction

Temper allows any company to find out how customers feel about their product at all times. It directly provides first-party data to a business, preventing the need to design and distribute complex surveys. It can be placed as a widget on the site or in emails, and questions are asked to gain real-time feedback from visitors and customers alike.

  • Easily deploy questions across website and email channels
  • Quickly spot poor experiences to identify problematic areas of a business or product
  • The rating graph gives you a real-time view of results for any question asked
  • Public rating wall shows how you’re performing, instilling confidence and trust
  • Ratings come with open text fields to give additional context to responses
  • Referrer data gives you the ability to segment feedback and relative performance
  • Tracking variables let you send data with ratings, such as order numbers, user IDs, etc.
  • User targeting lets you determine who sees questions and how often they see them

Freemium Version: There is no freemium version. However, their hobby plan gives you a slimmed-down version of the product and costs $12 per month.

Ongoing Subscription: Four plans are available, ranging from hobbyist to enterprise. The lowest pricing tier starts at $12 monthly, and their top-tier solution costs $199 monthly. All plans are pay-monthly, with a 60-day money-back guarantee.

#12 Best online market research tool for focus groups: Remesh

Most-loved feature: Common topics

In just a few clicks, you can view the themes and topics that are most common with your focus group across an entire session. It groups similar responses, specific phrases, and interesting responses in seconds.

Remesh qualitative market research tool

Remesh facilitates live, qualitative conversations with focus groups of up to 1000 people at a time. Replicating the focus group format online delivers powerful segmentation and dynamic capabilities that speed up your time to insight and let you hold a real-time conversation at scale.

  • Launch a live conversation with up to 1000 people at a time
  • Organize and analyze responses in an instant
  • Segment your audience based on demographic and response data
  • Share visuals and text-based content with the group to get instant feedback
  • The algorithm analyzes open-ended responses in real-time

Freemium Version: No

Free Trial: Yes. However, you must first book a demo with a member of their team.

Ongoing Subscription: Remesh provides custom pricing plans that can only be obtained once you’ve taken a demonstration of their platform with a member of their team.

#13 Top collaboration and documentation tool for market research: BIT.AI

Most-loved feature: Content library + smart search

While it sounds quite basic; in essence, this tool for market research professionals makes it quicker and easier to keep track, share, and store key data. Forget trawling through emails, slack, and g-docs to find files; the smart search feature helps you locate files in an instant.

bit.ai market research tool for collaboration

A dynamic platform that helps researchers collaborate, track, share, and manage research data in a single place. This is one of the best online market research tools for those who need a place to bring together resources like websites, PDFs, articles, images, infographics, blogs, reports, videos, etc. it’s low-cost and connects to some of the most widely used tools. Being able to share multidimensional data with others, or simply keeping track of secondary market research in a single place makes it a firm favorite.

  • Over 100 integrations with applications like Tableau, Miro, G-docs, Onedrive, and more
  • Real-time editing and live collaboration
  • Content Library
  • Smart search
  • Supports a huge range of content and file types

Freemium Version: Yes. Available for teams of up to 5 collaborators.

Free Trial: Yes, a free trial is available here .

Ongoing Subscription: A range of packages are available, costing between $8-$20 monthly.

Best market research tools for startups

There is another often-forgotten set of tools used for market research that are ideal for startups. If you’ve got zero budget and a little time on your hands, you can do most types of desk research for free. Sources include:

  • Company reports, case studies, and whitepapers
  • Research and trade associations
  • Media coverage
  • Internal sales or usage reports
  • Academic or scientific journals
  • Government and non-government agencies
  • Public library records
  • Competitor websites
  • Educational institutions

Helpful: Check out this article about how to do market research for a startup .

Wrapping up….

With cost and time key considerations for anyone looking at tools for market research, it’s vital to choose wisely. While free market research tools are all good and well, they won’t always serve you when you’re on a deadline or require key insights on a specific competitor, market, or product.

Similarweb helps companies win in the digital world. Whatever the market, goal, or business size, its solutions are designed to help organizations understand their market and compete and beat rivals.

Take it for a test run today. Trial any Similarweb solution free for the first 7-days using this link .

Need to know more about the ROI of Similarweb? 

What are the best market research tools for secondary research?

The internet is probably the best tool for market research there is. It’s a goldmine of secondary market research data. But beware of data validity and check your information is coming from a trusted source.

What are the best market research tools for surveys?

Survey monkey is considered the best online market research tool for surveys, but key players like Typeform and Zoho follow closely behind. Budget and features usually determine the right tool for your needs.

What are the best free market research tools?

The best free tools for market research include: Answer the Public, Think with Google, Similarweb lite, SurveyMonkey’s basic plan, and Hootsuite’s free plan.

What are the best market research tools for qualitative research?

Qualitative research includes things like focus groups, open-ended surveys, case studies, and observation research. As such, the best tool for online research like this would be something like BIT.ai’s documentation and collaboration tool. Another useful tool for qualitative market research would be an online survey provider, like SurveyMonkey, Typeform, or Google Forms.

What are the best market research tools for quantitative research?

As this type of research is focused more on numbers, the best quantitative market research tools include things like Similarweb Digital Research Intelligence and Tableau. Each performs a different function but works together to collect, analyze, and present data in the most useful way possible.

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market research platforms

20+ Tools & Resources for Conducting Market Research

Jami Oetting

Published: September 15, 2023

Finding out if a product will be successful beyond the initial curiosity is just good business. With market research, you determine whether the opportunity exists, how to position the product or service, or what consumers' opinions are after the launch.

market research tools: displayed on top of laptop

If you're sensitive to the high costs of failure and need to gather facts and opinions to predict whether your new product, feature, or location will be successful, start by investing in market research using these tools and resources.

Here are 21 of the best tools for conducting market research, including a few recommendations directly from HubSpot market researchers. Let's dive in.

Featured Resource: Market Research Kit 

Market Research Kit (with 5 templates)

Download the Kit Now

Market Research Tools

  • Think With Google Research Tools
  • Census Bureau
  • Make My Persona
  • SurveyMonkey
  • Upwave Instant Insights
  • Claritas MyBestSegment
  • Ubersuggest
  • Pew Research Center
  • BrandMentions
  • Qualtrics Market Research Panels

Helpful Market Research Tools & Resources

Market Research tool: Glimpse

For Max Iskiev , Market Research Analyst at HubSpot, one research tool stands out from the rest, and that's Glimpse .

He told me, "Glimpse is my favorite research tool. It's quick and easy to use, allowing me to design and launch short surveys for real-time insights on trending topics."

As a writer for the HubSpot Marketing Blog, I've also used Glimpse to run short, 100-person surveys for articles (case in point: Are Sales Reps Rushing Back to the Office? ).

Not only is Glimpse valuable for doing quick pulse-checks on the latest trends, but it also leverages the power of AI for even deeper insights.

"Glimpse really shines when it comes to open-ended questions, using natural language processing and AI to analyze emotion and sentiment, saving time and offering invaluable insights," Iskiev shared.

Pricing : $1,000/month (Pro Account)

market research platforms

Free Market Research Kit

5 Research and Planning Templates + a Free Guide on How to Use Them in Your Market Research

  • SWOT Analysis Template
  • Survey Template
  • Focus Group Template

You're all set!

Click this link to access this resource at any time.

2. Statista

Statista data visualization platform and market research tool

Statista is a data visualization website that takes data from reputable reports across the web and makes them easy and digestible for researchers, marketers, and product creators just like you.

"Statista is like my market research sidekick, giving me all the data I need without the endless search. No more digging through the haystack, with Statista I can spot trends and make informed decisions with ease," Icee Griffin , Market Researcher at HubSpot, told me.

Are you planning on launching a new video game and want to know how many hours people spend playing video games? There’s a chart for that.

One neat aspect of using Statista is that the same chart is updated as the years pass. Say that you want to allude to the value of the beauty market in your proposal. If your investor accesses that same graph a year from now, it will reflect updated numbers, as Statista always finds the most recent research to update their visualizations. (Note that Statista doesn’t carry out original research.)

Pricing : Free; $39/month (billed yearly); $1,950 (one-time 30-day access)

3. Think With Google Research Tools

Think with Google market research tools

Wish you had information on your product’s likelihood of success? Think With Google's marketing research tools offer interesting insights on whether anyone is looking for your product ( Google Trends ), which markets to launch to ( Market Finder ), and what retail categories rise as the months and seasons pass ( Rising Retail Categories ).

If you’d like to market your product through YouTube, the Find My Audience tool allows you to investigate what your potential viewers are interested in and what you should discuss in your brand’s YouTube channel.

Pricing : Free

4. Census Bureau

Census Bureau market research tool

The Census Bureau offers a free resource for searching U.S. census data. You can filter by age, income, year, and location. You can also use some of its shortcuts to access visualizations of the data, allowing you to see potential target markets across the country.

One of the best ways to use this tool is by finding the NAICS code for your business, then accessing the Tables tool, then clicking Filter on the sidebar and searching for your industry. Easily find out where your target industry is most popular — or where the market has been oversaturated. Another helpful tool is the Census Bureau Business and Economy data , where you can also target premade tables depending on your industry.

5. Make My Persona

Make My Persona target buyer creator and market research tool

HubSpot's Make My Persona tool allows you to create a buyer persona for your potential new product. In this tool, you pick a name for the persona, choose their age, identify their career characteristics, and identify their challenges, allowing you to pinpoint both demographic and psychographic information.

This tool is most suited for B2B product launches because you’ll be prompted to document your buyer persona’s career objectives and role-specific challenges. As such, your product would ideally solve a problem for them in the workplace or help their company achieve revenue goals.

Tableau analytics platform and market research tool

Tableau is a business intelligence suite of products that allows you to “connect to virtually any data source.” But the data isn’t presented in unreadable tables. Rather, Tableau helps you visualize this data in a way that helps you glean insights, appeal to external stakeholders, and communicate the feasibility of your product to potential investors.

You can visualize data on anything from corn production in tropical climate zones to office product sales in North America. With Tableau’s tools, you can take as granular or as general a look you’d like into potential marketplaces and supplier regions. Tableau also integrates well with spreadsheets and databases so that you can export Tableau data to Excel , back up records in Amazon Redshift, and more.

Pricing : $12/user/month (Tableau Viewer); $35/user/month (Tableau Explorer); $70/user/month (Tableau Creator)

7. Paperform

paperform homepage-1

A market research survey is an effective way to understand your target audience and their needs better by asking them directly. Since this step is integral to understanding your dream customer’s problems, you want to ensure the process is as interactive as possible and incites an objective and accurate response.  

With its free-text interface, Paperform is as simple as writing a word document. Make your survey stand out by customizing colors, fonts, layouts and themes, and create your unique look and feel. f you’re unsure where to start, you can use one of their expertly made questionnaires or market research survey templates to get you started. 

With Paperform, you can add conditional logic to show or hide questions or whole sections of content. Create fully personalized paths for different personas to create more interactive forms that lower drop-off rates and boost customer interaction. Or use any of the 27+ question fields, like the ranking, matrix, or scale fields, to create visually engaging ways to collect information.

Pricing: Free (14-day trial); Essentials ($20/month); Pro ($40/month); and Agency ($135/month)

Screenshot 2023-11-13 at 13.55.38

GWI is an on-demand consumer research platform that makes audience research a breeze. Powered by the world’s largest study on the online consumer base, GWI provides insights into the lives of over 2.8 billion consumers, across 50+ markets. Everything you need to know about who they are, what’s on their minds, and what they're up to. With fresh insights at your fingertips in one user-friendly platform, it’s quick and easy to become an expert on your audience and get the answers you need to succeed. Compare markets and create customized, shareable charts and dashboards in seconds.

Pricing : Available upon request

9. SurveyMonkey

SurveyMonkey market research tool for surveying panelists

SurveyMonkey is a powerful tool for creating in-depth market research surveys that will help you understand your market and consumer preferences.

With this tool, you can create targeted, uber-specific surveys that help you collect answers that pertain specifically to your product. While using a data source can give you a general overview of your target audience and market, SurveyMonkey can help you get more granular insights from real consumers.

SurveyMonkey offers dedicated market research solutions and services , including a global survey panel, a survey translation service for international research, and a reporting dashboard option that allows you to easily parse through the results.

Pricing : Free, $32/month (Advantage Annual), $99/month (Premier Annual), $99/month (Standard Monthly) ; $25/user/month (Team Advantage, minimum 3 users), $75/user/month (Team Premier, minimum 3 users), Enterprise (Contact for pricing)

10. Typeform

Typeform surveying platform and market research tool

Like SurveyMonkey, Typeform allows you to run research surveys to get direct answers from your target consumers. It’s an easy-to-use, mobile-optimized form-builder that's great for market research.

Typeform’s distinguishing factor is that it shows viewers one form field at a time. In its templates, it encourages a more conversational, casual approach (like in its market research survey template ). This makes it a better fit for product launches that target a younger demographic. If you’re targeting C-suite executives at established firms, consider a more formal option such as SurveyMonkey or keeping your tone more formal in your questions.

You can create a wide range of question types, including multiple choice questions, short-form questions, and rating scale questions. Other features include the ability to recall answers from previous questions and create logic jumps.

In a survey, you’d want to collect both demographic and psychographic information on your customer, seeking to understand their purchasing behaviors and the problems they encounter. The goal is to find out if your product is the solution to one of those problems — and whether, before launching, you should add more features or rethink your product positioning strategy .

Pricing : Free; $35/month (Essentials); $50/month (Professional); $70/month (Premium)

11. Upwave Instant Insights

Upwave Instant Insights tool for market and consumer research

Upwave Instant Insights is a consumer research tool that’s part of the Upwave brand marketing platform. While it isn’t advertised as a survey creation tool, it allows you to launch market research surveys specifically to get consumer insights.

Instant Insights allows you to target audiences on Upwave’s partner ecosystem and visualize the data for easy scanning by key stakeholders and investors. One pro of using this platform is that Upwave distributes your survey to real people — not just people taking surveys for the money, which could skew the results.

To create a survey, you sign up on the Upwave platform , click your name in the upper right-hand corner, and click “My Surveys,” where you can create as many surveys as you want. For the Basic option, you have a 6-question limit, while the Advanced option allows you to include unlimited questions.

Pricing : $2/study participant (Basic); $3/study participant (Extended); $4/study participant (Advanced)

12.  Claritas MyBestSegment

Claritas MyBestSegment market research tool for finding target audiences

Claritas MyBestSegment provides product researchers with tools to understand an area's demographic information and the area’s inhabitants’ lifestyle habits. By finding out what a segment of the population does — without having to go out and survey them — you can find out which areas would be most receptive to a campaign or launch, which competitors are located nearby, and which lifestyle trends have shifted or are on the rise.

A snapshot of an audience segment gives you basic information on their household income, lifestyle traits, employment levels, and education levels. If you want more specific data relating to these topics, you’ll have to contact Claritas’ sales team to become a customer.

Pricing : Free; Pricing available on request

Loop11 usability testing platform for market research

Loop11 is a user experience testing platform that allows you to test the usability of your website, study user intent, test the information architecture of your site, and examine how the user experience changes based on the device they’re using.

This tool is useful for market research because you can find out whether your target consumers find your site easy to navigate. You can also identify snags that prevent conversions.

Loop11 tests your site by making users perform tasks. They then complete a short question about how easy or difficult the task was to complete. Your product may be phenomenal, but unless consumers can buy it through your site, you won’t launch it successfully.

You can use Loop11’s participants or bring in your own.

Pricing : $63/month (Rapid Insights), $239/month (Pro), $399/month (Enterprise)

14. Userlytics

Userlytics usability testing platform for market research

Like Loop11, Userlytics allows you to test the usability of your website, mobile app, and site prototype. You can target different devices, define a buyer persona, and disqualify participants based on screening questions.

Testing is based on tasks that your test-takers carry out. They then answer a simple question about the difficulty of the task. You can structure the question in various ways; you can leave it open-ended, provide multiple choices, or ask for a rating. Other formats you can use include System Usability Scale (SUS) questions, Net Promoter Score (NPS) questions, and Single Ease Questions (SEQ).

Userlytics performs both a webcam and a screen recording. You can compare the user’s answers with their reactions on video to understand how they feel when they’re interacting with your assets.

Pricing : $49/participant (Quick & Easy); $69/participant (Annual Enterprise); Custom pricing available on request

Temper quick survey tool for market research

Sometimes you need a no-frills test to take the pulse of consumers. Temper allows you to create a question, grab a snippet of code, and pop it onto your website. The smiley face, "meh" face, and frown face make it easy for viewers to make a snap judgment.

One great way to use this tool is by adding the widget on a blog post announcing the launch of your new product. That way, you can find out general sentiment on the product before launching it. You can also add it to a product page, an email, or a landing page.

When you include the widget, you can change the question to something that’s tailored to your offerings.

Pricing : $12/month (Hobby), $49/month (Pro), $89/month (Business), $199/month (White Label )

16. NielsenIQ

NielsenIQ market research consultant for enterprise firms

NielsenIQ is a retail and consumer intelligence consultant that works with you to collect consumer insights, identify the best distribution channels for your product, and create a range of products that addresses the needs of your target buyers.

This service helps you look at your product launch from all angles and delivers forecasting data that predicts how your sales will perform upon launch. NielsenIQ can also run consumer insights surveys on their list of panelists and partners.

Because it operates like a consultant and not as a self-service software, NielsenIQ is a better option for established firms with a bigger product launch budget.

Pricing : Pricing available on request

17. Ubersuggest

Ubersuggest keyword research tool for market research

Ubersuggest is a simple tool for doing keyword and content research. You can input a phrase, and it'll create a list of keyword suggestions. You can also see top performing articles and pages so that you get an initial understanding of the type of content that ranks for the keywords.

This tool is useful for market research because you can see who your top competitors are, how often your product is searched for, and whether there’s enough space in the market for the type of product you’re launching. You can also find out the questions your target audience asks in relation to the product. Each of these questions can be turned into a blog post that can inform your audience, increasing your brand authority and driving conversions.

Alternatives to Ubersuggest include Moz , Ahrefs , and SEMRush .

Pricing : Free; $29/month (Individual); $49/month (Business); $99/month (Enterprise / Agency)

18. Pew Research Center

Pew Research Center data sets for market research

From economic conditions, to political attitudes, to social media usage, the Pew Research Center website has a ton of free research that you can use to better understand your target market. Best of all, the site has interactive articles that allow you to filter and sift through the data for more granular, targeted insights.

Topics include U.S. politics, digital media, social trends, religion, science, and technology.

19. BrandMentions

BrandMentions social monitoring platform for market research

BrandMentions is a social media monitoring platform that can help you understand what your prospective customers are buzzing about online. Search for a keyword, and BrandMentions will show you recent social posts that contain that keyword, along with the context of its usage. After subscribing to the platform, you can also get sentiment analysis on the keyword.

You’ll also get other metrics such as Reach (how many people view the keyword per day), Performance (how many people engage with the keyword per day), and Mentions by Weekday (when people are mentioning the keyword).

You can use this tool for market research by finding out when people are looking for your product on social media sites. When you start announcing the new product, you can use insights from this tool to post about the launch at exactly the right time. It also allows you to find out how people are generally feeling about the type of product you’re launching. That way, you can better refine the tone of your campaigns.

Pricing : $99/month (Growing Business); $ 299/month (Company); $ 499/month (Enterprise/Agency)

20. Qualtrics Market Research Panels

Qualtrics market research panels for consumer insights

Qualtrics takes the pain of finding respondents for your market research surveys through an online sample service. After identifying your target audience, you can go to Qualtrics for access to a representative sample. You can either use your chosen survey software or use Qualtrics’ built-in platform for insights and feedback.

21. Qualaroo

qualaroo-1

Qualaroo is an advanced user and market research tool that helps you understand your target market with targeted surveys. You can run surveys on over six channels at once (such as website, app, product, social media, and mail,) to get a 360-degree view of your existing and potential customers.

It comes packed with features like question branching, 12+ answer types, automatic survey language translation, in-depth audience targeting, pre-built survey templates, and an extensive repository of professionally designed questions.

You can create various market research surveys in minutes to collect data on the demographic, psychographic, and behavioral traits of your target audience. It can help you map customers' expectations and preferences, create customer personas, and perform audience segmentation.

Qualaroo also promotes quick feedback analysis. Its in-built AI-based sentiment analysis and text analytics engine automatically categorizes the responses based on user moods. It also highlights the key phrases and words in real-time, saving hours of manual work.

Pricing : $80/month billed annually (Essentials); $160/month billed annually (Premium)

Conduct Market Research for a Successful Product Launch

Conducting market research is essential to successfully launch a product to market. With the tools we’ve shared, you can find out who’s looking for your product, why they need it, and how you can better market it upon launch, ensuring that it’s a success.

Editor's note: This post was originally published in April 2016 and has been updated for comprehensiveness.

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The 19 Best Market Research Tools Of 2023

Market research is a crucial component of any business strategy. Here are some of the best tools you can use in your market research efforts.

market research platforms

Building a successful business is no easy feat, especially in a world where consumers have more options – and distractions – than ever before.

That’s why market research is essential to any business marketing plan and marketing strategy .

Market research lets you learn more about our target consumers and their behavior, spot emerging trends, uncover important data, and make informed business decisions.

But with so many target consumers out there and so many places and methods to reach them, where should you start?

In this article, we’ll cover some of the best market research tools available to you across a variety of tactics and approaches.

Let’s get started.

1. SurveyMonkey

SurveyMonkey

One of the more well-known survey tools, SurveyMonkey offers a broad list of features and capabilities for creating audience surveys.

Whether you want to create your own survey or choose from one of its 250+ expert-created templates, SurveyMonkey offers a user-friendly interface that enables you to customize your surveys to your needs.

It also offers a suite of helpful features, including AI-powered knowledge to help you pose the right questions, as well as built-in reporting and analytics.

  • SurveyMonkey offers a free Basic tier with unlimited surveys featuring up to 10 questions and 25 responses per survey.
  • Individual plans start at $39/month with unlimited surveys and questions, and up to 15,000 responses per year.
  • Team plans start at $25/user/month, starting at three users. This level also gives you unlimited surveys and questions, but offers 50,000 responses per year.

2. Typeform

Typeform

Typeform is an easy-to-use tool focused on helping users create intuitive and engaging forms, surveys, quizzes, polls, and more. Its selling point is the ability to create truly conversational, beautiful forms.

With Typeform, you can create slick surveys with customizable interactive elements, such as images and videos, that encourage your audience to take action. Its focus on interactivity makes it an appealing tool for market research.

Typeform offers plenty of useful features – from conditional logic to creating dynamic surveys – that adapt based on answers to real-time data analytics and integrations with tons of popular tools, from Slack to Google Analytics.

The company even offers a standalone video tool, VideoAsk, where users can create “video forms” to prompt responses.

  • Typeform offers a Free plan with unlimited typeforms and 10 responses per month.
  • Paid plans start at $25/month billed annually for Basic, $50/month billed annually for Plus, and $83/month billed annually for Business.
  • The company also offers an Enterprise plan.

3.  BuzzSumo

Buzzsumo

BuzzSumo is a content research and analysis tool that can help you gather some powerful market insights.

Regarding market research, BuzzSumo can help you understand the content landscape in your industry (and beyond), find out what’s resonating with your target consumers, identify influencers in your niche, and track how your content is performing vs. your competitors’.

The BuzzSumo tool analyzes articles (over 5 billion!) and social media posts across the internet to identify top-performing content. It allows you to comb through five years of data so that you can discover the right content ideas for your audience.

  • 30-day free trial (no credit card required).
  • Membership tiers start at $159/month billed yearly for Content Creation (individual) plan, $239/month billed yearly for PR & Comms plan, $399/month billed yearly for the Suite plan, and $999/month billed yearly for the Enterprise plan.

4. Qualaroo

qualaroo

Want to capture user feedback and deepen your understanding of market trends? Qualaroo might be the tool for you.

Qualaroo is a customer and user feedback tool that claims to be “10X more valuable than email surveys.” Using Qualaroo, you can add a survey to a page on your website or integrate it into your product.

The tool uses behavioral triggering to show surveys or feedback prompts in response to specific user behavior, so you know you’re targeting the right people with the most relevant questions.

Qualaroo also offers visual customization so you can get the branding right, automatic language translation, a library of survey templates, audience targeting, and IBM Watson Sentiment Analysis to help you organize your results.

  • 15-day free trial (no credit card required).
  • Plans start at $69/month billed annually for Essentials, $149/month billed annually for Premium, and $299+/month billed annually for Business tier.

SpyFu

SpyFu is a great choice if you’re looking to conduct competitive analysis as part of your market research efforts.

It allows you to effectively “spy” on your competitors by viewing their marketing strategies, advertising history, what keywords they’ve bought on Google Ads, and more – which can help you find gaps in the market and optimize your own approach.

You can feed the SpyFu tool a URL, and it will instantly show you its results for SEO topics like organic keywords, top pages, backlink analysis, total traffic, competition, and more.

Not only can SpyFu help you gain an understanding of the SEO landscape for your industry and gain a competitive advantage, but it can also tell you how hard it might be to dominate a specific niche.

  • SpyFu offers paid plans starting at $16/month for Basic, $36/month for Professional, and $149/month for Team (billed annually).

Ahrefs

Another great tool for SEO and competitive analysis, Ahrefs is a popular choice of many marketers for good reason.

Using Ahrefs, you can learn more about the search landscape of your market, discover what keywords your customers are searching for, track your competitors, and analyze content in your industry to inform your own strategies.

With its keyword and content capabilities, Ahrefs will help you find gaps and opportunities in the market so that you can improve your content, your site, and your search visibility.

  • Website owners can sign up for Ahrefs Webmaster Tools for free limited access to its Site Explorer and Site Audit tools.
  • Paid plans start at $83/month for Lite, $166/month for Standard, $333/month for Advanced, and $833/month for Enterprise (billed annually).

7. Delve AI

Delve AI

User personas are a crucial facet of an effective marketing strategy – and as such, developing them is a common step in any market research process.

Thanks to tools like Delve AI , it’s easier than ever to build user personas.

Delve AI offers a suite of persona-building tools based on your needs and the data available to you. Depending on what stage your business is in, you can generate:

  • Competitor personas using Delve AI’s data.
  • Social personas based on your social audience.
  • Customer personas using your customer information.
  • Live personas for your website based on Google Analytics data.

Beyond its multi-channel capabilities, Delve AI uses AI algorithms for accuracy in personas, offers behavioral insights, real-time updates to your personas, and more.

  • The company offers a free Lite plan.
  • Business plans start at $71/month for Standard, $159/month for the Growth tier, and $439/month for Pro (billed annually).
  • Agency plans start at $167/month for Standard, $343/month for Growth, and $687/month for the Pro tier (billed annually).

8. Sprout Social

Sprout Social

We don’t need to tell you about the importance of social media when it comes to connecting with your audience and driving business success. It can also play a major role where market research is concerned.

Sprout Social offers a robust suite of social media management features. Perhaps the most useful for market research are social listening features – which allow you to track market trends, industry keywords, and social conversations – and its competitor analysis capabilities.

It also provides insights into audience demographics, behavior, and interests, which you can use to inform your marketing approach.

  • Free 30-day trial.
  • Plans start at $249/month for Standard, $399/month for Professional, and $499/month for Advanced.
  • Sprout Social also offers an Enterprise tier plan.

9. Google Trends

Google Trends

How can you supercharge your market research efforts? Look to search data.

Google Trends is an incredible tool that enables you to analyze real-time and historical search data to discover market trends, up-to-date consumer insights, and more.

By using this tool to access the latest information on how people search on Google, you can spot emerging interests and opportunity areas, and keep an eye on what consumers are most interested in.

It also offers location filtering so that you can see what’s trending in any given market.

10. Statista

Statista

If you’re looking for data and statistics on pretty much anything in the world of business and marketing, you might want to check out Statista.

It’s a business intelligence platform that provides “statistics, reports, and insights on over 80,000 topics from 22,500 sources in 170 industries.” This means that if you’re looking for specific market research insights, Statista most likely has something to fit your needs.

From in-depth reports to data visualizations and industry forecasts, Statista can give you reliable insights into what’s happening in markets around the world, and highlight market and consumer trends.

  • Free Basic account available.
  • Paid accounts start at $149/month for Starter and $490/month for Personal (billed annually), with more options available.

11. Qualtrics

Qualtrics

If you’re looking for something extremely robust, Qualtrics ’ market research platform is an all-in-one, AI-powered solution for your market research needs.

It offers a suite of features and capabilities, including:

  • Panel Management : Enables you to create research panels from email lists, site visitors, social followers, and more.
  • On-Demand Respondents : Companies can pay for access to survey respondents that match their target demographic.
  • Product Development : Get access to early feedback on your new products and services from customers.
  • Purchase Behavior : Explore data on what is fueling purchase decisions among your target customers.

While it requires a more dedicated investment, Qualtrics’ software is scalable and powerful. It comes with automation and integration with many other tools, and customers have access to a support team.

  • Qualtrics offers a free survey maker tool with up to 500 responses.
  • For pricing details, reach out to the Qualtrics team.

Temper

It’s important to stay on top of how your customers feel about your business, services, and products – and Temper provides a super simple way to do just that.

The concept is simple: Come up with a simple question you want to ask your question, and your customers can respond by clicking a smiley face that corresponds to how they feel.

You might want to ask your customers, “How do you feel about our new product?” or “Please rate your experience with our customer support team.” With just a little bit of code, you can place a Temper widget on your webpage, in a blog post, or in an email footer and get quick feedback on audience sentiment.

  • Plans start at $12/month for Hobby tier, $49/month for Pro, $89/month for Business, and $199/month for White Label.
  • Temper offers a 60-day risk-free, money-back guarantee.

You’ve likely heard of the question-and-answer site Quora , but have you considered its potential as a market research tool?

Quora is an online community where real people can go to ask questions about anything they’d like, and share their experiences and opinions with others via answers.

It offers a unique opportunity for brands to conduct market research within their specific industry or area by connecting with Quora’s diverse community of consumers, professionals, and others.

Try searching Quora for topics related to your business or niche, and look at what types of conversations are trending. Or, you could ask a question yourself!

It’s a great tool for engaging your audience , keeping an eye on your competitors, and even developing new ideas for content, product development, and more.

  • Quora is free to use, though it also offers separate business solutions.

14. Crunchbase

Crunchbase

Crunchbase is a handy tool for getting a good picture of your industry landscape and how your competitors are faring.

It’s a database of companies that includes information like funding round data, investors, and financial information for each business. It also includes information such as employee headcount, leadership data, and more.

You can search Crunchbase by region or industry, allowing you to see how other companies in your niche are growing, and who is deciding to fund them. This can help you identify investment opportunities and market gaps, or even just gauge the overall health of your industry.

  • Crunchbase offers a Free plan where you can preview profile pages at no cost.
  • Paid options start at $29/month for Starter and $49/month for Pro (billed annually).
  • An Enterprise option is also available with custom billing.

15. Google Market Finder

Google Market Finder

Another excellent market research tool from Google is Market Finder . This free, interactive tool is focused mostly on researching target markets – so you can use it to discover which markets might have the most potential for your company, monitor demand for your products or services, and more.

There are two primary features within Market Finder:

  • Test your export readiness.  By providing your company’s URL and completing a short quiz, the tool will grade your “readiness” to expand into new markets abroad.
  • Dive into new markets. You can take another short quiz that will suggest new market recommendations based on the information you provide, as well as external data like search volume and Google Ads.

Market Finder can also integrate with your Google Analytics data for more accurate information.

16. Semrush

Market Explorer

Semrush is a one-stop marketing tool that can be leveraged to gain incredibly useful market research insights.

The company offers features dedicated to this type of research, such as its Market Explorer tool, which enables you to get quick information on your specific industry, conduct an analysis of market share, and benchmark your business against your competitors. You can also use the tool to analyze the potential of a new niche or market region for your business.

You might also find Semrush’s traffic analytics tool useful, as it allows you to go deeper with competitive analysis and target consumer demographics.

  • Semrush offers a free account with limited capabilities.
  • Paid accounts start at $108.33/month for Pro, $208.33/month for Guru, and $416.66/month for Business (billed annually).

17. Pew Research Center

Pew Research Center

While not a traditional marketing tool, the Pew Research Center is a widely known and respected resource that can be super effective when it comes to market research.

The site hosts a robust catalog of reports, surveys, and research covering everything from tech and digital media to politics, cultural trends, and more. The data is unbiased and credible, offering a unique perspective into what today’s consumers think and feel on various topics.

You can use the Pew Research Center as a tool to further hone your market research efforts, providing you with insights into the attitudes and behaviors of your target consumer, as well as the various factors that are impacting their desires and purchasing decisions.

18. Exploding Topics

Exploding Topics

We all know the saying, “I liked it before it was popular” – well, with Exploding Topics , your business can be the one to say this.

Exploding Topics helps you spot trends before they become super popular by analyzing searches, mentions, and conversations across the web to identify products, topics, and industries that are on the rise.

You can use Exploding Topics as a resource to help you predict shifts in the market and consumer interests, which can inform everything from your product design and strategy to your marketing approach.

It’s a lot like Google Trends, with some key differences; it pulls in data from a variety of sources and is focused on highlighting emerging trends before they take off.

  • Exploding Topics offers a free version of its Trend Database.
  • Paid tiers begin at $39/month for Entrepreneur, $99/month for Investor, and $249/month for Business (billed annually).

Loop11

In today’s day and age, you can’t build a successful business without an effective website. But how can you know whether your website will resonate with your target consumer?

You can use Loop11 , a usability testing platform that helps facilitate user testing of your products.

Loop11 makes it simple to create a usability test and secure participants.

It enables you to view the user’s experience through video, audio, and screen recordings. Then, it presents you with in-depth insights and UX metrics to help you understand what’s working with your website, app, or product and what’s preventing people from converting.

  • Free 14-day trial with full capabilities.
  • Paid plans start at $179/month for Rapid Insights, $358/month for Pro, and $533/month for Enterprise (billed annually).

Market research is key to any business plan, no matter what industry you’re in, what stage of growth your business is at, or what customers you’re serving.

From competitive analysis to keyword research, user feedback, and more, focusing on your market research efforts will pay dividends to your business in the long run.

And while there are plenty of different ways to approach market research, these represent some of the best tools available to you – and can be a great jumping-off point for you to get started.

More Resources: 

  • How To Calculate Your Total Addressable Market (TAM) For SEO
  • Market Intelligence: What It Is & How To Use It
  • Competitor Mapping: What Is It & How To Do It

Featured Image: LAONG/Shutterstock

Writer, digital marketer, and content strategist. Annabelle has 8+ years of experience in social marketing, copywriting, and storytelling for best-in-class ...

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15 Best market research tools in 2024

Last updated

3 April 2024

Reviewed by

Whether you're launching a new product or service, looking to increase customer engagement, or boosting brand loyalty, it’s always necessary to turn to data and insights to understand what’s going on. This research can give a picture of current and potential customers in the marketplace and help validate an action you want to take to increase sales.

Fortunately, we’ve done the hard work to find some of the best research tools to use in 2023. Let’s explore!

Market analysis template

Save time, highlight crucial insights, and drive strategic decision-making

market research platforms

  • What are market research tools?

Market research tools are designed to simplify the process of gathering, storing, and understanding data and information.

They can help a team to clearly identify a market for their product or service, as well as gain key feedback from current and potential customers.

A broad range of market research tools is useful at various stages of the research process. Some tools help speed up the process of gathering data. Others are helpful once you’ve collected data, as they allow you to easily view and manage information and then draw valuable insights.

Ultimately, market research tools can help make the research process easier and more straightforward.

  • Why are market research tools important for business?

The right market research tools in a business can streamline the research phases while helping to ensure a new product or service succeeds. 

There are a range of ways market research tools can help businesses. These include: 

Reducing manual processes . Manual research tasks can be highly time-consuming for teams. Tools can reduce the time it takes to complete research tasks, helping move projects forwards.

Increased accuracy . With large amounts of data, it’s easy for people to make mistakes. The wrong insights, after all, can prove highly damaging for a business. However, the right tool can improve the accuracy of data collected, ensuring that you base your decision-making on facts.

Removes bias . When teams rely too heavily on assumptions, they miss the chance to discover what users are really thinking and feeling. By relying more on market research tools, you reduce bias from team members and gain clarity on what the research is showing.

Faster data collection . Collecting data can take a long time and involve multiple team members. With the use of tools, there’s the chance to automate many tasks, making the process much faster and simpler.

Better accessibility . Outsourcing market research to independent firms can be time-consuming and costly. However, a business might not have the resources to conduct, collate, and draw meaningful insights from research. Market research tools better enable businesses to conduct research without person power—making the process accessible even to a small business.

  • Types of market research tools

Market research tools are becoming increasingly common. Choosing the right tool(s) will depend largely on your needs, goals, and overall business strategy.

Before deciding, it’s helpful to consider the different types of tools and how they might help your research.

The most common types of research tools include:

Customer relationship management (CRM) software

CRM tools record key customer data to help build a picture of customer engagement and loyalty. This is very useful as a deep understanding of your customers is essential when releasing new products, services, and features.

Survey tools

Surveys are one of the most common research techniques, as they help a business team deeply understand what customers want and need. Survey tools can hasten the process of gathering data, increase the chances of completion, and improve accuracy.

Data analysis software

Data tools can help you efficiently collect and store data. They’re also helpful for analyzing that data and quickly gaining valuable insights from a vast range of sources.

Social media monitoring

Social tools help businesses to draw insights about social campaigns and statistics to drive interest online. They can also analyze trends and allows teams to understand their current and potential customers better.

Competitive intelligence tools

Competitor tools help a team to understand what their competitors are doing. By analyzing competitors' profits, sales, trends, and customers, you gain a better chance to understand market needs and wants, giving you the opportunity to offer something new and innovative.

Business intelligence tools

To help businesses plan more accurately, business intelligence tools help with forecasting, goal setting, and business strategies. 

  • The best market research platforms and tools for accurate analysis

Below are some of the best market research tools in 2023.

Accurate market and consumer data should drive business decisions—not assumptions made by teams.

That’s where Statista can help. Statista is an online platform focused on consumer and market data. With access to data from 150+ countries and regions, their market insights help stakeholders to forecast growth, revenue, sales, and more. 

You can also find trending statistics, current popular topics, and expert research, which can all build a deep understanding of your market. 

Statista offers their starter plan at $39 per month, though they do have a free introduction plan to allow users to get to know the platform first. 

SurveyMonkey

Surveys are an important market research tool. They give your customers, or potential customers, a chance to make their voices heard. Those insights are ones a business can act upon to make improvements and release better products or services. 

SurveyMonkey enables business teams to quickly create and send surveys, quizzes, and polls through email, web links, or embedded forms. From there, they can receive responses from key people, gain insights, and take action on feedback. 

The platform has hundreds of templates to choose from, meaning that you don’t have to build a survey from scratch or need any design nous to get started. 

SurveyMonkey also offers a free option, which caps surveys at ten questions. This is an attractive option for small businesses and teams wanting to start conducting surveys. 

Google Trends

Curious about what people are or aren’t interested in at the moment? Jumping on trends and creating things that are wanted now is one important way to secure market share. 

Google Trends is a tool that anyone from a journalist to a business founder or UX Specialist can benefit from. It visualizes what search terms people are using on the internet, almost in real time.

The tool has featured insights, a search engine option to see what’s currently popular, and the chance to dive deeper into data. You can also compare one topic to another to see the interest over time—with information dating back to 2004. 

Regardless of what you’re developing, Google Trends is a tool every team releasing new products can benefit from. Even better, it’s a free tool, making it accessible to all. 

Marketing revenue engine SpyFu helps businesses to understand and take the guesswork out of search engine optimization (SEO) and pay-per-click (PPC) marketing. 

Through competitor analysis, rank tracking, and keyword research, SpyFu helps companies create content with better SEO. And with a Google Ads analyzer, ad templates, and competitor analysis, they can also boost success with marketed ads. 

SpyFu also has competitor software that allows customers to see ranks, ads, backlinks, and keywords to better understand the competition. To help stakeholders to track and improve success, they also provide detailed reporting tools. 

Basic plans for SpyFu start at $16 per month with options to upgrade for greater access. 

Designed with public relations professionals and content marketers in mind, BuzzSumo enables users to see what’s in the news, find trends, track company mentions, and gain ideas for new content. 

The tool helps people to discover popular content, uncover top stories from competitors, and see what their customers are interested in. It also allows stakeholders to quickly react to negative mentions, competitors' comments, or industry announcements. 

With a huge library of data and content, BuzzSumo is a powerful tool popular with creatives and marketers alike. 

The tool does come at a price, with a single-user plan costing ​​$119 per month. 

Think With Google

Think With Google provides key data and insight to help businesses understand shifts in beliefs, behaviors, and needs in geographic regions. 

These consumer insights and market trends can provide interesting perspectives for the forecasting and planning of marketing strategies.  

Using Think With Google can boost business ideas, drive business decisions, and help marketers succeed in a competitive marketplace. And similar to Google Trends, Think With Google is a free tool. 

Completing a survey isn’t always a fun or desirable activity for a busy potential or current customer. Surveys take time to fill out, and many customers would prefer to get on with their day. 

With that in mind, Typeform created people-friendly surveys, forms, and quizzes that are enjoyable to complete. 

With dedicated designs that aren’t only aesthetically pleasing but simple to use, stakeholders can create something unique and appealing for consumers without the need for design work. 

Typeform also has a video feature to allow more in-depth questions—something that can be very useful for some projects. 

A basic plan with Typeform starts at $25 per month. 

Semrush helps companies improve their SEO, PPC, competitor research, and content marketing. 

It does this by offering SEO audits, actionable tips, traffic analysis, and a keyword research tool to drive successful marketing. It’s also a social media scheduling tool with post analysis to boost successful social marketing. 

When it comes to competitor research, Semrush also provides competitor analysis through tracking and assessing other websites, visibility on competitor promotion strategies, and access to keyword and backlink gaps, which you can use to grow market share. 

Semrush’s base plans start at $119.95 per month. 

US Census Bureau

When developing new products and services, you want to get as much information about your target market as possible. What better way than looking at the Census Bureau data? 

The Census data gives accurate and detailed information about the American public and economy, which is critical to understanding the potential market for a product or service. This sort of data gives you the ‘big picture’ of your customer base and is often the backbone or initial supporting data for your market research project. Participation in the US Census is mandatory, ensuring that you have access to a huge dataset of accurate information. 

It does have some limitations. Given the Census is only taken every ten years, the information can become outdated quickly. Also, it may not be specific or detailed enough to relate to your particular project. 

But given it’s free for all to access, it’s a great starting point for general research. 

Competitor analysis is an essential part of any successful market research journey. Similarweb allows users to analyze any website or app to understand how competitors are positioning themselves in the market by measuring their digital traffic. 

Insights include total visits, global rank, country rank, pages per visit, and bounce rate. Within the platform, you can also easily find similarly ranked sites to compare and contrast to your own. 

Importantly, Similarweb provides traffic and engagement analysis with demographic information, other visited websites, and audience interests. This provides a vast amount of information to accurately compare your website and app with competitors, giving you a much clearer picture of what your customers are interested in and where you stand in the marketplace.

Similarweb offers plenty of free tools and business quotes for those interested in paid plans. 

Business intelligence tool, Tableau, is designed to help companies gain helpful insights from data. Those insights can drive business decisions, generate accurate planning, and improve forecasting. 

A visual analytics platform, the tool is useful for data management, visual storytelling, and collaboration between team members. 

With a dedicated dashboard, providing a range of key analytics, discovering how your business is performing (and where it could do better) is straightforward. They also offer end-to-end data for a complete picture. 

Individual plans with Tableau start at $70 per month. 

Facebook Audience Insights

For some businesses, Facebook advertising drives campaigns, boosts sales, and grows customer engagement. 

Facebook Audience Insights help business owners discover more than just what their competitors are doing. The tool provides aggregated information to show data from those who are already connected to the business and another set to provide information about those generally on Facebook. This key information can drive awareness of new customers and increase the chances of boosting interest and growing a customer base.

Specifically, Facebook Audience Insights provides demographic information, key interests, and lifestyle data to build a picture of your current and potential customers. Even better, the tool is free to use. 

Question and answer platform, Quora, isn’t technically a research tool. Because it holds an incredible amount of information, it can help content marketers and product developers uncover key topics of interest. 

This platform is also free for everyone to use. 

BrandMentions

When wanting to increase brand loyalty and engagement—not only do you need an accurate tool to track that data—you also need to understand who’s talking about your business and where. 

BrandMentions does just that. The tool helps businesses manage their brand reputation, acquire new customers, and retain current ones, all while engaging with customers and key influencers.

With BrandMentions, it’s simpler to accurately measure the success of campaigns, track social media mentions and performance, measure brand performance, and monitor hashtags.

Plans with BrandMentions start at $99 per month.

The list wouldn’t be complete without mentioning Dovetail. Dovetail ensures that you can store customer research, feedback, and insights in one streamlined place—all to empower your team with accurate decision-making.

Regardless of whether the user data came through a survey, a focus group, usability testing, or product feedback, Dovetail also enables you to analyze your market research data and generate insights that can help you understand your customer and competition.

The platform also has templates for anything from analyzing competitors to gaining feedback or running an employee engagement survey. Dovetail can help you complete research that’ll have a real impact.

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The 13 Best Market Research Tools

Jan 3, 2024

10 min. read

The 328 million terabytes of data we create each day can be very telling about your target audience’s preferences and buying habits. This same data can also be inaccurate and low quality, depending on the source. That’s why the market research tools you choose matter — you need to be able to get the most up-to-date insights and trust what the data is telling you.

While traditional manual methods of market research and secondary research (aka desk research or complementary research ) still have a time and place in the digital world, marketers are supplementing them with market research platforms and software that do most of the heavy lifting.

Astronomical amounts of market-related data are created at lightning speed, far outpacing our ability to consume it all. To help find, filter, sort, and make sense of all this information, we’ve chosen 13 of the best market research tools to streamline and improve the process :

Meltwater Radarly

Think with google, ubersuggest, surveymonkey, answer the public, brandmentions, heartbeat ai, u.s. census bureau.

Tip: Also take a look at the top secondary research companies out there.

A leader in AI market research tools, Radarly is Meltwater’s AI-powered market research platform that provides real-time insights into consumer preferences . This always-on consumer intelligence suite uses a combination of data science, AI, and human market research expertise to surface insights about customers based on online conversations and activities.

Meltwater Radarly market research tool Consumer Intelligence Dashboard

Most of the world’s data is unstructured ( about 90% , by some estimates), making it harder to act on and understand its significance. Radarly brings structure to the unknown by detecting patterns and understanding audience sentiments.

Also, Meltwater for market research continuously sources new information and works in real-time. This gives marketers an advantage by working with the latest data so they can make informed decisions when it matters most.

See Meltwater Radarly live in action by requesting a free tour of our platform. Simply fill out the form at the bottom of this post and we'll be in touch.

Statista offers data trends and reports on a wide range of topics and interests, from Facebook’s monthly active users to leading beer brands based on sales. In total, the market research platform spans more than 170 industries and 150 countries .

What sets this resource apart is its visualizations — all of Statista’s stats have been compiled into neat and tidy graphs that are ready to publish or share in your own reports. This makes it easy to see trends over time or gain quick insights about consumer preferences.

Statista screenshot as one of the best online market research tools

There’s a chart for just about anything, and they’re updated on a regular basis. In many cases, Statista will include a brief explanation of the chart’s findings and recommend related charts for further research.

Google’s status as the world’s most popular search engine makes it a great resource for market research. Google has access to billions of first-party data points based on what people are searching for online. 

For market research purposes, users can tap into Google Trends to see the popularity of searches over time. See the terms that are trending on a daily or weekly basis, or check out shopping-related trends to predict the hot new products of the season ( trend prediction ).

Google’s Market Finder can also pinpoint new markets that might be a great fit for your product or service. Learn how various markets compare to each other and how your business might fit in.

Think With Google screenshot as a market research tool

And if you’re selling physical products, you can see how sales trends might impact your business using Google’s Rising Retail Categories . Retailers use this tool often to predict hot-selling holiday items and right-size their inventory.

Attest brings old-school focus groups and surveys into the digital era with its rapid-response approach. In the past, organizing interviews and focus groups took weeks or even months. Once the research activities were finished, analysts required additional time to compile the results. No more.

Attest market research tool screenshot

With Attest, you can hear directly from consumers who fit your audience profiles, with ready-made questions and respondents at your fingertips. All responses are recorded in the Attest platform, and the market research software analyzes results and collects consumer insights on your behalf.

Users pay per response, so you can scale your market research as needed.

A popular survey tool, Typeform offers a mobile-friendly way to collect market research insights . It’s unique in that it only shows users one field at a time to limit distractions. The look and feel lend to a more casual, conversational approach, which may encourage survey takers to be more candid in their responses. (We can’t prove it, though.)

Typeform survey market research templates screenshot

Users can create various question types, including multiple-choice questions, open-ended questions, and scale ratings. It’s intuitive and makes basic market research a breeze.

Ubersuggest, a popular k eyword research tool , also has market research capabilities packed into its user-friendly interface . That’s because keyword research is a form of market research , giving you a glimpse of what people are actively searching for online.

Ubersuggest

Let’s say you’re launching a new facial cleaning device for your beauty brand . By using Ubersuggest for keyword research, you can also uncover:

  • Other brands selling facial cleaning devices
  • Publications talking about facial cleaning devices
  • The popularity of online searches for facial cleaning devices
  • Competition for related keywords
  • Questions related to the keyword “facial cleaning device”
  • Cost per click to rank for the keyword via paid ads
  • Search volume (and interest) over time

This is a great tool to help you see who your top competitors are online, what type of content ranks well for a keyword, and how crowded a market is for a particular product or service.

Market research doesn’t always have to be a costly, complex beast, and SurveyMonkey is a great example. This easy-to-use survey tool can create simple or in-depth surveys sent to targeted audiences for feedback. 

SurveyMonkey market research tool screenshot

For example, you might have one-off questions to ask customers who made a purchase to learn more about their buying habits. Or, you might want to send longer surveys to customers to help develop a new product. No matter your use case, you can customize surveys to reach highly specific audiences and compile their answers instantly. 

SurveyMonkey also offers turnkey market research solutions, including a global panel survey, translation services, and a reporting dashboard. These services can help you reach more people and get more use from your data.

Answer the Public is a free search listening tool that compiles the questions people are asking online. These questions can serve as a starting point for new product development, product improvements, and content marketing .

Answer The Public market research software screenshot

This market research software uses autocomplete data from Google . When you start typing a search, Google will try to guess what you’re looking for based on what other people have searched for. You can do this manually, but it’s time-consuming and relies only on your ideas.

Answer the Public makes life easier by compiling related questions in an easy-to-understand graphic. And since the data comes from Google, market researchers can trust its reliability and quality.

Ever wonder what it is about a brand (including yours) that people love? The things that get people talking? BrandMentions can help provide some context.

BrandMentions market research tool

Specializing in social media monitoring , BrandMentions takes the next step into showing why a particular keyword is buzzing. Type in a keyword and you’ll see recent social media posts that also contain that keyword.

You can also see the keyword’s Reach, Performance, and Number of Mentions — all of which can come in handy when you’re planning a new product launch. You can use these insights to plan your launch-related posts to generate the most buzz.

Tip: Learn more about brand monitoring , brand tracking , brand reputation measurement , about the best brand tracking software , and understand why your brand mentions are spiking .

AI market research tools like Heartbeat AI allow you to put market research on autopilot , or at least close to it. Using sentiment analysis , this market research tool recognizes themes and trends in qualitative text data.

HeartBeat AI market research software screenshot

No more poring through pages and pages of text — Heartbeat AI can quickly surface insights about how your audience feels regarding your brand or products (or your competitors). What’s more, it can turn these insights into attractive visuals for simpler understanding or sharing with other stakeholders.

Qualitative research can be more difficult to sort and analyze because it contains more variables. Unlike quantitative research, which deals with specific, measurable data, qualitative research involves the complexities of human behavior and perception. The results are subjective in nature, and it involves more work to extract their value.

Discuss market research tool screenshot

Discuss aims to change the narrative with AI-powered insights . Offering video capabilities, built-in note-taking, and auto-generated highlight reels, marketers can capture the “Aha!” moments without losing efficiency.

The market research platform makes it easy to refer back to conversations and keep their audience engaged throughout the process, leading to more complete data.

One of the oldest but most trusted market research sources , the U.S. Census Bureau offers basic demographic information about U.S. citizens. This platform gives you instant insight into America’s people , including things like family sizes, income levels, and populations.

U.S. Census Bureau American market research tool

Beyond demographics, the market research platform has thousands of tables and maps to bring your research to life. You can customize your own maps and tables using any of the data available.

Another option is to find your business’s North American Industry Classification System (NAICS) code , and then filter the Tables tool to focus on your industry. This allows you to see where your industry is most popular and where it might be over- or under-saturated.

Tableau from Salesforce is a business intelligence platform that connects to all of your data sources, making it easier to connect the dots between disparate systems. It excels at transforming unstructured data into visualizations to streamline decisions.

Tableau market research tool screenshot

Their goal is to democratize data and make it more accessible and user-friendly. It accomplishes its mission with a user-friendly interface, visual data transcriptions, and a community of more than a million members who share how-tos and best practices.

Make Your Market Research Tools Work for You

Online market research tools aren’t replacing the traditional survey or focus group — they’re enhancing them by providing an always-on approach to speed up results. By tapping into the wealth of data people are openly sharing online, businesses can gain more insights than ever before, on demand.

Meltwater offers some of the best tools for market research that are accurate, reliable, and easy to use. By tapping into billions of data points and analyzing them in the context of your business, you can make valuable data-driven decisions to move your company forward.

Learn more when you request a demo by filling out the form below:

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What are your customers’ needs? How does your product compare to the competition? What are the emerging trends and opportunities in your industry? If these questions keep you up at night, it’s time to conduct market research.

Market research plays a pivotal role in your ability to stay competitive and relevant, helping you anticipate shifts in consumer behavior and industry dynamics. It involves gathering these insights using a wide range of techniques, from surveys and interviews to data analysis and observational studies.

In this guide, we’ll explore why market research is crucial, the various types of market research, the methods used in data collection, and how to effectively conduct market research to drive informed decision-making and success.

What is market research?

Market research is the systematic process of gathering, analyzing and interpreting information about a specific market or industry. The purpose of market research is to offer valuable insight into the preferences and behaviors of your target audience, and anticipate shifts in market trends and the competitive landscape. This information helps you make data-driven decisions, develop effective strategies for your business, and maximize your chances of long-term growth.

Business intelligence insight graphic with hand showing a lightbulb with $ sign in it

Why is market research important? 

By understanding the significance of market research, you can make sure you’re asking the right questions and using the process to your advantage. Some of the benefits of market research include:

  • Informed decision-making: Market research provides you with the data and insights you need to make smart decisions for your business. It helps you identify opportunities, assess risks and tailor your strategies to meet the demands of the market. Without market research, decisions are often based on assumptions or guesswork, leading to costly mistakes.
  • Customer-centric approach: A cornerstone of market research involves developing a deep understanding of customer needs and preferences. This gives you valuable insights into your target audience, helping you develop products, services and marketing campaigns that resonate with your customers.
  • Competitive advantage: By conducting market research, you’ll gain a competitive edge. You’ll be able to identify gaps in the market, analyze competitor strengths and weaknesses, and position your business strategically. This enables you to create unique value propositions, differentiate yourself from competitors, and seize opportunities that others may overlook.
  • Risk mitigation: Market research helps you anticipate market shifts and potential challenges. By identifying threats early, you can proactively adjust their strategies to mitigate risks and respond effectively to changing circumstances. This proactive approach is particularly valuable in volatile industries.
  • Resource optimization: Conducting market research allows organizations to allocate their time, money and resources more efficiently. It ensures that investments are made in areas with the highest potential return on investment, reducing wasted resources and improving overall business performance.
  • Adaptation to market trends: Markets evolve rapidly, driven by technological advancements, cultural shifts and changing consumer attitudes. Market research ensures that you stay ahead of these trends and adapt your offerings accordingly so you can avoid becoming obsolete. 

As you can see, market research empowers businesses to make data-driven decisions, cater to customer needs, outperform competitors, mitigate risks, optimize resources and stay agile in a dynamic marketplace. These benefits make it a huge industry; the global market research services market is expected to grow from $76.37 billion in 2021 to $108.57 billion in 2026 . Now, let’s dig into the different types of market research that can help you achieve these benefits.

Types of market research 

  • Qualitative research
  • Quantitative research
  • Exploratory research
  • Descriptive research
  • Causal research
  • Cross-sectional research
  • Longitudinal research

Despite its advantages, 23% of organizations don’t have a clear market research strategy. Part of developing a strategy involves choosing the right type of market research for your business goals. The most commonly used approaches include:

1. Qualitative research

Qualitative research focuses on understanding the underlying motivations, attitudes and perceptions of individuals or groups. It is typically conducted through techniques like in-depth interviews, focus groups and content analysis — methods we’ll discuss further in the sections below. Qualitative research provides rich, nuanced insights that can inform product development, marketing strategies and brand positioning.

2. Quantitative research

Quantitative research, in contrast to qualitative research, involves the collection and analysis of numerical data, often through surveys, experiments and structured questionnaires. This approach allows for statistical analysis and the measurement of trends, making it suitable for large-scale market studies and hypothesis testing. While it’s worthwhile using a mix of qualitative and quantitative research, most businesses prioritize the latter because it is scientific, measurable and easily replicated across different experiments.

3. Exploratory research

Whether you’re conducting qualitative or quantitative research or a mix of both, exploratory research is often the first step. Its primary goal is to help you understand a market or problem so you can gain insights and identify potential issues or opportunities. This type of market research is less structured and is typically conducted through open-ended interviews, focus groups or secondary data analysis. Exploratory research is valuable when entering new markets or exploring new product ideas.

4. Descriptive research

As its name implies, descriptive research seeks to describe a market, population or phenomenon in detail. It involves collecting and summarizing data to answer questions about audience demographics and behaviors, market size, and current trends. Surveys, observational studies and content analysis are common methods used in descriptive research. 

5. Causal research

Causal research aims to establish cause-and-effect relationships between variables. It investigates whether changes in one variable result in changes in another. Experimental designs, A/B testing and regression analysis are common causal research methods. This sheds light on how specific marketing strategies or product changes impact consumer behavior.

6. Cross-sectional research

Cross-sectional market research involves collecting data from a sample of the population at a single point in time. It is used to analyze differences, relationships or trends among various groups within a population. Cross-sectional studies are helpful for market segmentation, identifying target audiences and assessing market trends at a specific moment.

7. Longitudinal research

Longitudinal research, in contrast to cross-sectional research, collects data from the same subjects over an extended period. This allows for the analysis of trends, changes and developments over time. Longitudinal studies are useful for tracking long-term developments in consumer preferences, brand loyalty and market dynamics.

Each type of market research has its strengths and weaknesses, and the method you choose depends on your specific research goals and the depth of understanding you’re aiming to achieve. In the following sections, we’ll delve into primary and secondary research approaches and specific research methods.

Primary vs. secondary market research

Market research of all types can be broadly categorized into two main approaches: primary research and secondary research. By understanding the differences between these approaches, you can better determine the most appropriate research method for your specific goals.

Primary market research 

Primary research involves the collection of original data straight from the source. Typically, this involves communicating directly with your target audience — through surveys, interviews, focus groups and more — to gather information. Here are some key attributes of primary market research:

  • Customized data: Primary research provides data that is tailored to your research needs. You design a custom research study and gather information specific to your goals.
  • Up-to-date insights: Because primary research involves communicating with customers, the data you collect reflects the most current market conditions and consumer behaviors.
  • Time-consuming and resource-intensive: Despite its advantages, primary research can be labor-intensive and costly, especially when dealing with large sample sizes or complex study designs. Whether you hire a market research consultant, agency or use an in-house team, primary research studies consume a large amount of resources and time.

Secondary market research 

Secondary research, on the other hand, involves analyzing data that has already been compiled by third-party sources, such as online research tools, databases, news sites, industry reports and academic studies.

Build your project graphic

Here are the main characteristics of secondary market research:

  • Cost-effective: Secondary research is generally more cost-effective than primary research since it doesn’t require building a research plan from scratch. You and your team can look at databases, websites and publications on an ongoing basis, without needing to design a custom experiment or hire a consultant. 
  • Leverages multiple sources: Data tools and software extract data from multiple places across the web, and then consolidate that information within a single platform. This means you’ll get a greater amount of data and a wider scope from secondary research.
  • Quick to access: You can access a wide range of information rapidly — often in seconds — if you’re using online research tools and databases. Because of this, you can act on insights sooner, rather than taking the time to develop an experiment. 

So, when should you use primary vs. secondary research? In practice, many market research projects incorporate both primary and secondary research to take advantage of the strengths of each approach.

One rule of thumb is to focus on secondary research to obtain background information, market trends or industry benchmarks. It is especially valuable for conducting preliminary research, competitor analysis, or when time and budget constraints are tight. Then, if you still have knowledge gaps or need to answer specific questions unique to your business model, use primary research to create a custom experiment. 

Market research methods

  • Surveys and questionnaires
  • Focus groups
  • Observational research
  • Online research tools
  • Experiments
  • Content analysis
  • Ethnographic research

How do primary and secondary research approaches translate into specific research methods? Let’s take a look at the different ways you can gather data: 

1. Surveys and questionnaires

Surveys and questionnaires are popular methods for collecting structured data from a large number of respondents. They involve a set of predetermined questions that participants answer. Surveys can be conducted through various channels, including online tools, telephone interviews and in-person or online questionnaires. They are useful for gathering quantitative data and assessing customer demographics, opinions, preferences and needs. On average, customer surveys have a 33% response rate , so keep that in mind as you consider your sample size.

2. Interviews

Interviews are in-depth conversations with individuals or groups to gather qualitative insights. They can be structured (with predefined questions) or unstructured (with open-ended discussions). Interviews are valuable for exploring complex topics, uncovering motivations and obtaining detailed feedback. 

3. Focus groups

The most common primary research methods are in-depth webcam interviews and focus groups. Focus groups are a small gathering of participants who discuss a specific topic or product under the guidance of a moderator. These discussions are valuable for primary market research because they reveal insights into consumer attitudes, perceptions and emotions. Focus groups are especially useful for idea generation, concept testing and understanding group dynamics within your target audience.

4. Observational research

Observational research involves observing and recording participant behavior in a natural setting. This method is particularly valuable when studying consumer behavior in physical spaces, such as retail stores or public places. In some types of observational research, participants are aware you’re watching them; in other cases, you discreetly watch consumers without their knowledge, as they use your product. Either way, observational research provides firsthand insights into how people interact with products or environments.

5. Online research tools

You and your team can do your own secondary market research using online tools. These tools include data prospecting platforms and databases, as well as online surveys, social media listening, web analytics and sentiment analysis platforms. They help you gather data from online sources, monitor industry trends, track competitors, understand consumer preferences and keep tabs on online behavior. We’ll talk more about choosing the right market research tools in the sections that follow.

6. Experiments

Market research experiments are controlled tests of variables to determine causal relationships. While experiments are often associated with scientific research, they are also used in market research to assess the impact of specific marketing strategies, product features, or pricing and packaging changes.

7. Content analysis

Content analysis involves the systematic examination of textual, visual or audio content to identify patterns, themes and trends. It’s commonly applied to customer reviews, social media posts and other forms of online content to analyze consumer opinions and sentiments.

8. Ethnographic research

Ethnographic research immerses researchers into the daily lives of consumers to understand their behavior and culture. This method is particularly valuable when studying niche markets or exploring the cultural context of consumer choices.

How to do market research

  • Set clear objectives
  • Identify your target audience
  • Choose your research methods
  • Use the right market research tools
  • Collect data
  • Analyze data 
  • Interpret your findings
  • Identify opportunities and challenges
  • Make informed business decisions
  • Monitor and adapt

Now that you have gained insights into the various market research methods at your disposal, let’s delve into the practical aspects of how to conduct market research effectively. Here’s a quick step-by-step overview, from defining objectives to monitoring market shifts.

1. Set clear objectives

When you set clear and specific goals, you’re essentially creating a compass to guide your research questions and methodology. Start by precisely defining what you want to achieve. Are you launching a new product and want to understand its viability in the market? Are you evaluating customer satisfaction with a product redesign? 

Start by creating SMART goals — objectives that are specific, measurable, achievable, relevant and time-bound. Not only will this clarify your research focus from the outset, but it will also help you track progress and benchmark your success throughout the process. 

You should also consult with key stakeholders and team members to ensure alignment on your research objectives before diving into data collecting. This will help you gain diverse perspectives and insights that will shape your research approach.

2. Identify your target audience

Next, you’ll need to pinpoint your target audience to determine who should be included in your research. Begin by creating detailed buyer personas or stakeholder profiles. Consider demographic factors like age, gender, income and location, but also delve into psychographics, such as interests, values and pain points.

The more specific your target audience, the more accurate and actionable your research will be. Additionally, segment your audience if your research objectives involve studying different groups, such as current customers and potential leads.

If you already have existing customers, you can also hold conversations with them to better understand your target market. From there, you can refine your buyer personas and tailor your research methods accordingly.

3. Choose your research methods

Selecting the right research methods is crucial for gathering high-quality data. Start by considering the nature of your research objectives. If you’re exploring consumer preferences, surveys and interviews can provide valuable insights. For in-depth understanding, focus groups or observational research might be suitable. Consider using a mix of quantitative and qualitative methods to gain a well-rounded perspective. 

You’ll also need to consider your budget. Think about what you can realistically achieve using the time and resources available to you. If you have a fairly generous budget, you may want to try a mix of primary and secondary research approaches. If you’re doing market research for a startup , on the other hand, chances are your budget is somewhat limited. If that’s the case, try addressing your goals with secondary research tools before investing time and effort in a primary research study. 

4. Use the right market research tools

Whether you’re conducting primary or secondary research, you’ll need to choose the right tools. These can help you do anything from sending surveys to customers to monitoring trends and analyzing data. Here are some examples of popular market research tools:

  • Market research software: Crunchbase is a platform that provides best-in-class company data, making it valuable for market research on growing companies and industries. You can use Crunchbase to access trusted, first-party funding data, revenue data, news and firmographics, enabling you to monitor industry trends and understand customer needs.

Market Research Graphic Crunchbase

  • Survey and questionnaire tools: SurveyMonkey is a widely used online survey platform that allows you to create, distribute and analyze surveys. Google Forms is a free tool that lets you create surveys and collect responses through Google Drive.
  • Data analysis software: Microsoft Excel and Google Sheets are useful for conducting statistical analyses. SPSS is a powerful statistical analysis software used for data processing, analysis and reporting.
  • Social listening tools: Brandwatch is a social listening and analytics platform that helps you monitor social media conversations, track sentiment and analyze trends. Mention is a media monitoring tool that allows you to track mentions of your brand, competitors and keywords across various online sources.
  • Data visualization platforms: Tableau is a data visualization tool that helps you create interactive and shareable dashboards and reports. Power BI by Microsoft is a business analytics tool for creating interactive visualizations and reports.

5. Collect data

There’s an infinite amount of data you could be collecting using these tools, so you’ll need to be intentional about going after the data that aligns with your research goals. Implement your chosen research methods, whether it’s distributing surveys, conducting interviews or pulling from secondary research platforms. Pay close attention to data quality and accuracy, and stick to a standardized process to streamline data capture and reduce errors. 

6. Analyze data

Once data is collected, you’ll need to analyze it systematically. Use statistical software or analysis tools to identify patterns, trends and correlations. For qualitative data, employ thematic analysis to extract common themes and insights. Visualize your findings with charts, graphs and tables to make complex data more understandable.

If you’re not proficient in data analysis, consider outsourcing or collaborating with a data analyst who can assist in processing and interpreting your data accurately.

Enrich your database graphic

7. Interpret your findings

Interpreting your market research findings involves understanding what the data means in the context of your objectives. Are there significant trends that uncover the answers to your initial research questions? Consider the implications of your findings on your business strategy. It’s essential to move beyond raw data and extract actionable insights that inform decision-making.

Hold a cross-functional meeting or workshop with relevant team members to collectively interpret the findings. Different perspectives can lead to more comprehensive insights and innovative solutions.

8. Identify opportunities and challenges

Use your research findings to identify potential growth opportunities and challenges within your market. What segments of your audience are underserved or overlooked? Are there emerging trends you can capitalize on? Conversely, what obstacles or competitors could hinder your progress?

Lay out this information in a clear and organized way by conducting a SWOT analysis, which stands for strengths, weaknesses, opportunities and threats. Jot down notes for each of these areas to provide a structured overview of gaps and hurdles in the market.

9. Make informed business decisions

Market research is only valuable if it leads to informed decisions for your company. Based on your insights, devise actionable strategies and initiatives that align with your research objectives. Whether it’s refining your product, targeting new customer segments or adjusting pricing, ensure your decisions are rooted in the data.

At this point, it’s also crucial to keep your team aligned and accountable. Create an action plan that outlines specific steps, responsibilities and timelines for implementing the recommendations derived from your research. 

10. Monitor and adapt

Market research isn’t a one-time activity; it’s an ongoing process. Continuously monitor market conditions, customer behaviors and industry trends. Set up mechanisms to collect real-time data and feedback. As you gather new information, be prepared to adapt your strategies and tactics accordingly. Regularly revisiting your research ensures your business remains agile and reflects changing market dynamics and consumer preferences.

Online market research sources

As you go through the steps above, you’ll want to turn to trusted, reputable sources to gather your data. Here’s a list to get you started:

  • Crunchbase: As mentioned above, Crunchbase is an online platform with an extensive dataset, allowing you to access in-depth insights on market trends, consumer behavior and competitive analysis. You can also customize your search options to tailor your research to specific industries, geographic regions or customer personas.

Product Image Advanced Search CRMConnected

  • Academic databases: Academic databases, such as ProQuest and JSTOR , are treasure troves of scholarly research papers, studies and academic journals. They offer in-depth analyses of various subjects, including market trends, consumer preferences and industry-specific insights. Researchers can access a wealth of peer-reviewed publications to gain a deeper understanding of their research topics.
  • Government and NGO databases: Government agencies, nongovernmental organizations and other institutions frequently maintain databases containing valuable economic, demographic and industry-related data. These sources offer credible statistics and reports on a wide range of topics, making them essential for market researchers. Examples include the U.S. Census Bureau , the Bureau of Labor Statistics and the Pew Research Center .
  • Industry reports: Industry reports and market studies are comprehensive documents prepared by research firms, industry associations and consulting companies. They provide in-depth insights into specific markets, including market size, trends, competitive analysis and consumer behavior. You can find this information by looking at relevant industry association databases; examples include the American Marketing Association and the National Retail Federation .
  • Social media and online communities: Social media platforms like LinkedIn or Twitter (X) , forums such as Reddit and Quora , and review platforms such as G2 can provide real-time insights into consumer sentiment, opinions and trends. 

Market research examples

At this point, you have market research tools and data sources — but how do you act on the data you gather? Let’s go over some real-world examples that illustrate the practical application of market research across various industries. These examples showcase how market research can lead to smart decision-making and successful business decisions.

Example 1: Apple’s iPhone launch

Apple ’s iconic iPhone launch in 2007 serves as a prime example of market research driving product innovation in tech. Before the iPhone’s release, Apple conducted extensive market research to understand consumer preferences, pain points and unmet needs in the mobile phone industry. This research led to the development of a touchscreen smartphone with a user-friendly interface, addressing consumer demands for a more intuitive and versatile device. The result was a revolutionary product that disrupted the market and redefined the smartphone industry.

Example 2: McDonald’s global expansion

McDonald’s successful global expansion strategy demonstrates the importance of market research when expanding into new territories. Before entering a new market, McDonald’s conducts thorough research to understand local tastes, preferences and cultural nuances. This research informs menu customization, marketing strategies and store design. For instance, in India, McDonald’s offers a menu tailored to local preferences, including vegetarian options. This market-specific approach has enabled McDonald’s to adapt and thrive in diverse global markets.

Example 3: Organic and sustainable farming

The shift toward organic and sustainable farming practices in the food industry is driven by market research that indicates increased consumer demand for healthier and environmentally friendly food options. As a result, food producers and retailers invest in sustainable sourcing and organic product lines — such as with these sustainable seafood startups — to align with this shift in consumer values. 

The bottom line? Market research has multiple use cases and is a critical practice for any industry. Whether it’s launching groundbreaking products, entering new markets or responding to changing consumer preferences, you can use market research to shape successful strategies and outcomes.

Market research templates

You finally have a strong understanding of how to do market research and apply it in the real world. Before we wrap up, here are some market research templates that you can use as a starting point for your projects:

  • Smartsheet competitive analysis templates : These spreadsheets can serve as a framework for gathering information about the competitive landscape and obtaining valuable lessons to apply to your business strategy.
  • SurveyMonkey product survey template : Customize the questions on this survey based on what you want to learn from your target customers.
  • HubSpot templates : HubSpot offers a wide range of free templates you can use for market research, business planning and more.
  • SCORE templates : SCORE is a nonprofit organization that provides templates for business plans, market analysis and financial projections.
  • SBA.gov : The U.S. Small Business Administration offers templates for every aspect of your business, including market research, and is particularly valuable for new startups. 

Strengthen your business with market research

When conducted effectively, market research is like a guiding star. Equipped with the right tools and techniques, you can uncover valuable insights, stay competitive, foster innovation and navigate the complexities of your industry.

Throughout this guide, we’ve discussed the definition of market research, different research methods, and how to conduct it effectively. We’ve also explored various types of market research and shared practical insights and templates for getting started. 

Now, it’s time to start the research process. Trust in data, listen to the market and make informed decisions that guide your company toward lasting success.

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How to successfully enter a new market with influencer marketing.

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Chief Growth Officer (CGO) at HypeFactory , a global AI-powered influencer marketing agency.

In recent years, businesses have increasingly adopted influencer marketing, a form of advertising that leverages people with media followings, to promote their products and services. This strategy aims to strike the right balance in targeting specific demographics based on age, gender and product life cycle stage to maximize sales potential. As firms see the impact of influencer marketing, more are considering incorporating it into their marketing efforts.

A study by Influence Marketing Hub indicates that the influencer marketing sector can become a $24 billion industry by 2024. There are some staggering figures surrounding this idea: 82% of marketers think about investing in influencer marketing; while another 67% are thinking of this option.

Influencer marketing allows businesses to connect with consumers on a more personal level and capture their attention by partnering with influential individuals who have dedicated followings in specific niches or interest areas. Companies can successfully break into new markets with influencer marketing by taking the following steps.

1. Conduct Market Research

Establishing who you want to reach in the new market should be your first order of business when crafting a marketing strategy for it. The best way to figure out what makes you unique is to watch what your competitors are doing. Marketers' knowledge of the local area is crucial to the success of influencer marketing efforts. Before beginning a campaign, most people do their homework. Among the things they look into are:

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• Language Specifics: Understanding the nuances of language, such as dialects, slang and idiomatic expressions, is essential for effective and culturally sensitive communication.

• Common Formats for Content: Common media formats for consuming information include articles, videos, infographics and podcasts. The popularity of short-form video content on platforms like TikTok and Instagram Reels has skyrocketed in the last couple of years.

• Biases and Cultural Taboos: Cultural norms and sensitivities must be considered to avoid offending or alienating target populations. Things that are considered taboo in one culture might not be in another. The discussion of religion or politics, for instance, can be considered taboo in certain communities.

• State rules and regulations: It is essential for any marketing endeavor to be in compliance with the laws and regulations set in place by different regulatory organizations. Businesses should pay especially attention to regulations pertaining to data protection and advertising standards.

2. Be Selective With Influencers

When expanding into fresh markets, it is extremely important for modern marketers to choose the right influencers. These influencers excel at delivering authentic and locally relevant messages because of their deep knowledge of their home regions. Using this information to their advantage, businesses can boost their credibility and trustworthiness by advertising to specific communities.

It is wise to investigate the influencer marketing tactics of your rivals in a new area before diving headfirst. Investigate their social media profiles, the people they collaborate with and the content they share.

3. Evaluate Social Media Platforms

The fact is, individuals from various nations have diverse preferences when it comes to social media. According to research, 62.3% of the global population uses social media on a regular basis. People typically utilize the device for 2 hours and 23 minutes per day.

The first step is identifying the appropriate social media platforms for your campaign. The second is selecting influencers to feature sponsored content. When making these choices, key considerations include your target audience, the dynamics and user base of each platform, your specific business objectives and your allocated marketing budget.

Additionally, understanding the nuances of how a social media platform is used in a given region can help identify when and how your intended audience is most likely to engage with influencer content. After gathering data on platforms and audiences, the next phase is aligning your influencer selections with your company's goals. Whether the goal is to increase brand awareness, enhance sales, or promote specific products or services, it's crucial to collaborate with influencers whose content and audience align with those goals.

4. Work Together And Use UGC's Popularity

Everywhere you go in the world of digital media, there is brand after brand competing for the attention of consumers. People nowadays are pickier than ever before about the brands they engage with and the products they buy. The reliability of user-generated content (UGC), often called genuine customer-generated content, is second to none. Surprisingly, 86% of consumers are more inclined to trust a brand that shares user-generated content, whereas only 12% are willing to buy an item recommended by influencers.

5. Build Lasting Connections

Being authentic and expanding your audience are two keys to success in influencer marketing. Authentic influencers engage their followers in challenges and use popular hashtags to grow their following. It is not enough to just say you are interested; you have to take real, actionable steps to back it up. Producing content that resonates with the interests and values of one's followers is a certain way to build trust and rapport with an influencer's audience. People will come together around it and be motivated to give it their all.

Brands can reap multiple benefits from being genuine and open. In a world where people are looking for real relationships and transparency, brands may establish credibility and trust through true influencer collaborations. By being transparent about sponsored content and adhering to all relevant laws and regulations, brands may prevent unfavorable reactions and establish enduring partnerships with influencers and their audiences. Being authentic is crucial for influencer marketing to succeed in the long run.

Bottom Line

The rundown is as follows: maintain plan agility, undertake accurate market research, identify suitable partners, build trustworthy relationships, launch remarkable efforts, monitor results and adjust as necessary. In this way, the companies may attract new customers and maintain their rapid expansion. Also, remember that the influencer is constantly changing and evolving.

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Riot Platforms, Inc. (RIOT) Stock Sinks As Market Gains: What You Should Know

In the latest market close, Riot Platforms, Inc. ( RIOT Quick Quote RIOT - Free Report ) reached $11.93, with a -1.49% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 1.02%. Elsewhere, the Dow gained 0.4%, while the tech-heavy Nasdaq added 2.03%.

Shares of the company witnessed a loss of 1.06% over the previous month, beating the performance of the Business Services sector with its loss of 5.04% and the S&P 500's loss of 3.15%.

Investors will be eagerly watching for the performance of Riot Platforms, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 1, 2024. The company is expected to report EPS of -$0.21, down 625% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $92.15 million, indicating a 25.82% growth compared to the corresponding quarter of the prior year.

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Ten global investment banks and market making firms join BGC in the creation of FMX to launch premier U.S. Treasury and U.S. Interest Rate Futures trading marketplace

April 25, 2024 at 10:05 AM Eastern

FMX closes transaction with strategic investors at a $667 million post-money equity valuation

NEW YORK, NY –   BGC Group, Inc. (Nasdaq: BGC) today announced that Bank of America, Barclays, Citadel Securities, Citi, Goldman Sachs, J.P. Morgan, Jump Trading Group, Morgan Stanley, Tower Research Capital, and Wells Fargo have become minority equity owners of FMX, with a post-money equity valuation of $667 million. FMX combines BGC’s U.S. cash treasuries platform with its spot foreign exchange platform and U.S. interest rate futures exchange, and will leverage BGC’s proven low latency trading infrastructure and global distribution to further support liquidity in the interest rate futures market.  

“We have brought together ten of the most important global investment banks and market making firms to create a premier trading venue for the interest rate markets,” said Howard W. Lutnick, Chairman and CEO of BGC Group and Chairman of FMX . “We offered ownership to this incredible investment group knowing the enormous value they bring to FMX, which will benefit all market participants.”

FMX Futures, which received CFTC approval in January , is expected to launch in September 2024. FMX’s cash U.S. Treasury platform, FMX UST (formerly known as Fenics UST), has grown its Central Limit Order Book market share each sequential quarter. FMX UST ended the first quarter 2024 at 28%, up from 26% in the fourth quarter of 2023.  1

“With support from these leading fnancial firms, we believe FMX will become a rapidly growing futures platform and create important efficiencies for our shared clients,” said Lou Scotto, CEO of FMX . “With our clearing partner, LCH, the largest clearer of interest rate swaps in the world, clients will receive significant portfolio-margining capabilities, creating competitive advantages across U.S. interest rate markets.”   2

“LCH is excited to partner with FMX to deliver product innovation and margin savings, which will enhance the competitiveness of U.S. derivatives markets for its members,” said Isabelle Girolami, CEO of LCH Ltd.

"FMX's unique protocols provide a fresh competitive edge across rates, FX, and futures markets,” said Geoff Weber, Head of G10 Rates Flow Trading at Citi . “The impressive growth in market share that FMX has experienced recently enhances market liquidity and positions FMX as a potential catalyst for increased competition, particularly within the futures market. This innovation not only promises to elevate market dynamics but also aims to lower costs for all market participants, signaling a forward-looking shift."

“FMX is going to drive innovation and competition across the rates, FX and futures markets,” said Kristen Macleod, Head of Americas Macro Distribution and Co-Head of Global FX Distribution at Barclays . “As a key investor, Barclays looks forward to delivering the benefits of our investment to our clients through improved execution and competitive fees.”

Please find additional details about the FMX transaction at www.ir.bgcg.com . BGC will also provide additional information about the FMX transaction on its first quarter 2024 earnings call, scheduled for 10:00 a.m. ET on Tuesday, April 30, 2024.

About BGC Group, Inc.

BGC Group, Inc. (Nasdaq: BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. BGC’s clients are many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms.

BGC and leading global investment banks and market making firms have partnered to create FMX, part of the BGC Group of companies, which includes a U.S. interest rate futures exchange, spot foreign exchange platform and the world’s fastest growing U.S. cash treasuries platform.

For more information about BGC, please visit www.bgcg.com .

Discussion of Forward-Looking Statements about BGC

Statements in this document regarding BGC that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC’s Securities and Exchange Commission ("SEC") filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

Reporters may contact:

Erica Chase [email protected] +1 212-610-2419

Sofia Rehman [email protected]

Rekha Jogia-Soni [email protected]

Investors may contact:

Jason Chryssicas +1 212-610-2426

1 Central Limit Order Book (CLOB) is a mechanism financial exchanges use to facilitate trading between buyers and sellers in financial markets. Source: Coalition Greenwich.

2 Source: Clarus.

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Russia's Nuclear Fuel Cycle

(Updated December 2021)

  • A significant increase in uranium mine production is planned.
  • There is increasing international involvement in parts of Russia's fuel cycle.
  • A major Russian political and economic objective is to increase exports, particularly for front-end fuel cycle services through Tenex, as well as nuclear power plants.

Russia uses about 5500 tonnes of natural uranium per year.

There is high-level concern about the development of new uranium deposits, and a Federal Council meeting in April 2015 agreed to continue the federal financing of exploration and estimation works in Vitimsky Uranium Region in Buryatia. It also agreed to financing construction of the engineering infrastructure of Mine No. 6 of Priargunsky Industrial Mining and Chemical Union (PIMCU). The following month the Council approved key support measures including the introduction of a zero rate for mining tax and property tax; simplification of the system of granting subsoil use rights; inclusion of the Economic Development of the Far East and Trans-Baikal up to 2018 policy in the Federal Target Program; and the development of infrastructure in Krasnokamensk.

In June 2015 Rosgeologia signed a number of agreements to expedite mineral exploration in Russia, including one with Rosatom. It was established in July 2011 by presidential decree and consists of 38 enterprises located in 30 regions across Russia, but uranium is a minor part of its interests.

Uranium resources and mining

Russia has substantial economic resources of uranium, with about 9% of world reasonably assured resources plus inferred resources up to $130/kg – 505,900 tonnes U (2014 Red Book ). Rosatom reported ARMZ resources as 517,000 tU in September 2015, mostly requiring underground mining. Historic uranium exploration expenditure is reported to have been about $4 billion. The Federal Natural Resources Management Agency (Rosnedra) reported that Russian uranium reserves grew by 15% in 2009, particularly through exploration in the Urals and Kalmykia Republic, north of the Caspian Sea.

Uranium production has varied from 2870 to 3560 tU/yr since 2004, and in recent years has been supplemented by that from Uranium One Kazakh operations, giving 7629 tU in 2012. In 2006 there were three mining projects in Russia, since then others have been under construction and more projected, as described below. Cost of production in remote areas such as Elkon is said to be US$ 60-90/kg. Spending on new ARMZ domestic projects in 2013 was RUR 253.5 million, though in November 2013 all Rosatom investment in mining expansion was put on hold due to low uranium prices.

Plans announced in 2006 for 28,600 t/yr U 3 O 8 output by 2020, 18,000t of this from Russia* and the balance from Kazakhstan, Ukraine, Uzbekistan and Mongolia have since taken shape, though difficulties in starting new Siberian mines makes the 18,000 t target unlikely. Three uranium mining joint ventures were established in Kazakhstan with the intention of providing 6000 tU/yr for Russia from 2007: JV Karatau, JV Zarechnoye and JV Akbastau (see below and Kazakhstan paper).

* See details for April 2008 ARMZ plans. In 2007 TVEL applied for the Istochnoye, Kolichkanskoye, Dybrynskoye, Namarusskoye and Koretkondinskoye deposits with 30,000 tU in proved and probable reserves close to the Khiagda mine in Buryatia. From foreign projects: Zarechnoye 1000 t, Southern Zarechnoye 1000 t, Akbastau 3000 t (all in Kazakhstan); Aktau (Uzbekistan) 500 t, Novo-Konstantinovskoye (Ukraine) 2500 t. In addition Russia would like to participate in development of Erdes deposit in Mongolia (500t) as well as in Northern Kazakhstan deposits Semizbai (Akmolonsk Region) and Kosachinoye.

Long term uranium production plans of Russian producer ARMZ produced in the year 2007

*(this chart is now slightly out of date but still gives a general picture)

AtomRedMetZoloto (ARMZ) is the state-owned company which took over Tenex and TVEL uranium exploration and mining assets in 2007-08, as a subsidiary of Atomenergoprom (79.5% owned). It inherited 19 projects with a total uranium resource of about 400,000 tonnes, of which 340,000 tonnes are in Elkonskiy uranium region and 60,000 tonnes in Streltsovskiy and Vitimskiy regions. The rights to all these resources had been transferred from Rosnedra , the Federal Agency for Subsoil Use under the Ministry of Natural Resources and Environment .

JSC ARMZ Uranium Holding Company (as it is now known) became the mining division of Rosatom in 2008, responsible for all Russian uranium mine assets and also Russian shares in foreign joint ventures. In 2008, 78.6% of JSC Priargunsky, all of JSC Khiagda and 97.85% of JSC Dalur was transferred to ARMZ. In March 2009 the Federal Financial Markets Service of Russia registered RUR 16.4 billion of additional shares in ARMZ placed through a closed subscription to pay for uranium mining assets, on top of a RUR 4 billion issued in mid 2008 to pay for the acquisition of Priargunsky, Khiagda and Dalur. In November 2009 SC Rosatom paid a further RUR 33 billion for ARMZ shares, increasing its equity to 76.1%.

In 2009 and 2010 ARMZ took a 51% share in Canadian-based Uranium One Inc, paying for this with $610 million in cash and by exchange of assets in Kazakhstan: 50% of JVs Akbastau, Karatau and Zarechnoye, mining the Budenovskoye and Zarechnoye deposits. (An independent financial advisor put the value of ARMZ's stakes in the Akbastau and Zarechnoye JVs at $907.5 million.) Uranium One has substantial production capacity in Kazakhstan, including now those two mines with Karatau, Akdala, South Inkai and Kharasan, as well as small prospects in USA and Australia (sold in 2015). In 2013 ARMZ completed the purchase of outstanding shares in Uranium One Inc, and it became a full subsidiary of ARMZ. JSC Uranium One Group (U1 Group) is from December 2016 a 78.4% owned subsidiary of Atomenergoprom and apparently separate from ARMZ.

Following this, late in 2013 Rosatom established Uranium One Holding NV  (U1H) as its global growth platform for all international uranium mining assets belonging to Russia, with headquarters in Amsterdam. It lists assets in Kazakhstan, USA and Tanzania, as well as owning and managing Rosatom’s stake in Uranium One Inc. In 2013 it accounted for 5086 tU production at average cash cost of $16/lb U 3 O 8 , and reported 229,453 tU measured, indicated and inferred resources (attributable share). In 2014 it produced 4857 tU and listed resources of 177,000 tU. The company plans to extend its interests into rare earths. Its ‘strategic partner’ is JSC NAC Kazatomprom.

ARMZ remains responsible for uranium mining in Russia. At the end of 2013 it was 82.75% owned by Rosatom and 17.25% TVEL. Exploration expenditure has nearly doubled in two years to about US$ 52 million in 2008. In 2013 the government approved an exploration budget of RUR 14 billion ($450 million) through to 2020, principally in the Far East and Northern Siberia. Deposits suitable for ISL mining will be sought in the Transurals, Transbaikal and Kalmykyia. Other work will be in the Urals, Siberian, Far East Federal Districts (Zauralsky, Streltsovsky, Vitimsky and Vostochno-Zabaikalsky, and Elkonsky ore regions).

Rosgeologia, the Russian state-run geological exploration services company set up in 2011, has identified "promising" uranium deposits in the North-West Federal District of Russia following completion of a survey of the Kuol-Panayarvinskaya area on the border of the Murmansk region and the Republic of Karelia. It signed an agreement with Rosatom in 2015 to focus on uranium.

CJSC Rusburmash (RBM) is the exploration subsidiary of ARMZ. VNIPIPT is the subsidiary responsible for R&D and engineering of mining and processing plants.

In December 2010 ARMZ made a $1.16 billion takeover bid for Australia's Mantra Resources Ltd with a prospective Mkuju River project in southern Tanzania, which was expected in production about 2013 at 1400 tU/yr, but is now deferred. This is now under U1H.

Domestic mining

In 2009 the government accepted Rosatom’s proposal for ARMZ and Elkonsky Mining and Metallurgical Combine to set up the “open-type joint stock company” EGMK-Project. The state’s contribution through Rosatom to the EGMK-Project authorized capital will be RUR 2.657 billion, including RUR 2.391 billion in 2009 and RUR 0.266 billion in 2010. EGMK-Project is being set up to draw up the project and design documentation for Elkonsky Mining and Metallurgical Combine (see below).

The Russian Federation’s main uranium deposits are in four districts:

  • The Trans-Ural district in the Kurgan region between Chelyabinsk and Omsk, with the Dalur ISL mine.
  • Streltsovskiy district in the Transbaikal or Chita region of SE Siberia near the Chinese and Mongolian borders, served by Krasnokamensk and with major underground mines.
  • The Vitimsky district in Buryatia about 570 km northwest of Krasnokamensk, with the Khiagda ISL mine.
  • The more recently discovered remote Elkon district in the Sakha Republic (Yakutia) some 1200 km north-northeast of the Chita region.

Present production by ARMZ is principally from the Streltsovskiy district, where major uranium deposits were discovered in 1967, leading to large-scale mining, originally with few environmental controls. These are volcanogenic caldera-related deposits. Krasnokamensk is the main town serving the mines.

In 2008 ARMZ said that it intended to triple production to 10,300 tU per year by 2015, with some help from Cameco, Mitsui and local investors. ARMZ planned to invest RUR 203 billion (US$ 6.1billion) in the development of uranium mining in Russia in 2008-2015. It aimed for 20,000 tU per year by 2024. Total cost was projected at RUR 67 billion ($2 billion), mostly at Priargunsky, with RUR 4.8 billion ($144 million) there by end of 2009 including a new $30 million, 500 tonne per day sulfuric acid plant commissioned in 2009, replacing a 1976 acid plant.

Russian uranium mining

Source: 2016 ‘Red Book’ except Olovskaya and Lunnoye.

Russian uranium production, tonnes U

Trans-Ural, Kurgan region

A modest level of production is from Dalur in the Trans-Ural Kurgan region. This is a low-cost ($40/kg) acid in situ leach (ISL) operation in sandstones. About 1350 km east of Moscow, Uksyanskoye is the town supporting the Dalur mine. ARMZ’s 2008 plan had production at Dalur by acid ISL increasing from 350 to 800 tU/yr by 2019 (expanding from the Dalmatovskoye field in the Zauralsk uranium district to Khokhlovskoye in the Shumikhinsky district, then Dobrovolnoye in the Zverinogolovsky district). In 2014 JSC Dalur completed further exploration of the Khokhlovskoye deposit and increased its resources from 4700 to 5500 tonnes. A mill upgrade was started in 2016. More than half of 2016 production was from the Ust-Uksyansky part of Dalmatovskoye field.

In 2016 geological exploration at the Dobrovolnoye deposit was advanced, and a permit for development was received in June 2017, allowing construction of the pilot plant, which commenced in 2020. Its reserves are quoted as 7067 tU. After pilot operation to 2021, commercial operation is expected to maintain Dalur production at 700 tU per year to about 2025 after Dalmatovskoye and Khokhlovskoye are exhausted, reaching full capacity in 2031.

Transbaikal Chita region, Streltsovskiy district

Here, several underground mines operated by JSC Priargunsky Industrial Mining and Chemical Union ( PIMCU  – 85% ARMZ) supply low-grade ore to a central mill near Krasnokamensk. PIMCU was established in 1968, and produces some other metals than uranium. Since 2008 it has been an ARMZ subsidiary. Historical production from Priargunsky is reported to be 140,000 tU (some from open cut mines) and 2011 known resources (RAR + IR) are quoted as 115,000 tU at 0.159%U. In 2013 ‘reserves’ were quoted by ARMZ at 108,700 tonnes. Production is up to about 3000 tU/yr, about one-tenth of it from heap leaching. In 2015 production was 1977 tU and costs were reduced by 11%, so that it hoped to break even in mid-2016.

The company has six underground mines, most of them operating: Mine #1, Mine #2, Glubokiy Mine, Shakhta 6R, Mine #8 with extraction from Maly Tulukui deposit, and Mine #6 (see below). ARMZ’s 2008 plan called for Priargunsky's production to be expanded from 3000 to 5000 tU/yr by 2020.

Mine #1 production rate was increased in 2016. It is on the opposite side of the Oktyabriski settlement from mine #2 and about 2 km from it.

Mine #2 was making a loss in 2013 due to market conditions, so it was closed in order to concentrate on bringing mine #8 to full production. Stoping operations resumed in February 2015, with production target 130 tU for the year, from average grade 0.15%. It is now known as section 2 of mine #8. Some production has been exported to France, Sweden and Spain.

Mine #8 began producing in 2011, towards phase 1 target capacity of 400 t/yr by the end of 2014. The total cost of development is expected to be RUR 4.8 billion (RUR 3.5 billion for phase 1). Production was increased 22% in 2016.

Mine #6  will access the Argunskoye and Zherlovoye deposits which comprise 35% of the Streltsovskoye reserves of 40,900 tU, with much higher grade (0.3%U) than the rest. Production cost from mine #6 is projected at $90/kgU. Future plans for Priargunsky are focused on development of mine #6, official construction of which commenced in 2018.

Development began in 2009 for stage 1 production from 2015 to reach full capacity in 2019, but this was put on hold in 2013. In March 2015 ARMZ said it hoped to find co-investors in the project, and federal funds might be forthcoming. Then in June 2015 Rosatom’s Investment Committee decided to finance the development. In August 2016 ARMZ said that RUR 27 billion was required to enable 2022 commissioning. In March 2018 a new financing arrangement was announced to the extent of RUR 18.5 billion, with Priargunsky to own 51% of the project and ARMZ 49% directly. Most of the project financing – RUR 16.1 billion – would be from China National Nuclear Corporation (CNNC), with the balance of RUR 2.5 billion from a new Russia-China Investment Fund for Regional Development (RCIF) “as a first step in widening cooperation” with China. According to the Russian Gazette (quoted by Platts Nuclear Fuel ), CNNC’s investment would give it a 49% stake in the joint venture, entitling it to that proportion of annual production. Construction recommenced in March 2018, aiming for first production in 2023, ramping up to full capacity of 1800 tU/yr by 2026. Rosatom reported that the Mine #6 development project is supervised by the government of Zabaikalsky Krai.

Mine #4. Mining the Tulukuy pit of Mine #4 ceased in 1991 due to low grades, but now low-cost block-type underground leaching is ready to be employed in the pit bottom to recover the remaining 6000 tU. Following this the pit will be filled with low-grade ore for heap leaching.

A re-evaluation of reserves in 2012 suggested that mineable resources apart from Mine #6 amounted to only 32,000 tU. Mine #8 resources were quoted at 12,800 tU in December 2012. In 2014 PIMCU, as part of the Kaldera project, identified four promising areas over 100 sq km in the Streltsovskoye ore field, with resources estimated at 80,000 tU, and they will be explored over 2015-17.

In 2014 PIMCU completed an upgrade of its sulfuric acid plant to take daily production from 400 to 500 tonnes, for use in both the conventional mill and in underground and heap leaching. Also the mill (hydrometallurgical plant) process was improved.

There is a legacy environmental problem at Priargunsky arising from 30 waste rock and low-grade ore dumps as well as tailings. Rehabilitation of waste rock dumps and open pits is proceeding and low-grade ores are being heap leached. Dams and intercepting wells below the tailings dams with hydrogeological monitoring and wastewater treatment is addressing water pollution. Final rehabilitation of the impacted areas will occur after final closure takes place. In 2016 ARMZ announced a new heap leaching initiative for very low-grade ores stockpiled on the surface, to produce 50 to 63 tU/yr.

In 2006 Priargunsky won a tender to develop Argunskoye and Zherlovoye deposits in the Chita region with about 40,000 tU reserves. Dolmatovsk and Khokhlovsk have also been identified as new mines to be developed (location uncertain).

Development of Olovskoye and Gornoye deposits* in the Transbaikal region near Priargunsky towards Khiagda would add 900 tU/yr production for RUR 135 billion ($5.7 billion). Measured resources together are 12,200 tU and inferred resources 1600 tU, all at 0.072% average (JORC-compliant). In 2007 newly-formed ARMZ set up two companies to undertake this, and possibly attract some foreign investment:

  • Gornoye Uranium Mining Company (UDK Gornoye) to develop the Gornoye and Berezovoye mines in the Krasnochikoysky and Uletovsky districts in Chita, with underground mining and some heap leach (ore grade 0.226%U) originally to produce 300 tU/yr from 2014, but now anticipating up to 1000 tU/yr from 2025.
  • Olovskaya Mining & Chemical Company to develop the Olovskoye deposits in the Chernyshevsk district of Chita region with underground, open cut and heap leach to produce 600 tU/yr from 2016.

The 2016 Red Book noted that UDK Gornoye was undertaking pilot mining project design for the Berezovoye deposit.

* 2006 plans were for 2000t/yr at new prospects in Chita Region and Buryatia (Gornoye, Berezovoye, Olovskoye, Talakanskoye properties etc.), plus some 3000t at new deposits.

Buryatia, Vitimsky district

JSC  Khiagda 's operations are at Vitimsky in Buryatia about 570 km northwest of Krasnokamensk, serving Priargunsky's operations in Chita region, and 140 km north of Chita city. They are starting from a low base – in 2010 production from the Khiagdinskoye ore field was 135 tU, rising to 440 tU in 2013 (fully utilising the pilot plant) and targeting 1000 tU/yr from 2018 with a new plant. These are a low-cost (US$ 70/kgU) acid in situ leach (ISL) operations in sandstones, and comprise the only ISL mine in the world in permafrost. Groundwater temperature is 1-4°C, giving viscosity problems, especially when winter air temperature is -40°C. The main uranium mineralisation is a phosphate, requiring oxidant addition to the acid solution. In the Khiagdinskoye field itself there are eight palaeochannel deposits over 15 x 8 km, at depths of 90 to 280 metres (average 170 m). Single orebodies are up to 4 km long and 15 to 400 m wide, 1 to 20 m thick.

JSC Khiagda has resources of 55,000 tU amenable to ISL mining, with resource potential estimated by Rosatom of 350,000 tU, giving a mine life of over 50 years. In 2015 ‘reserves’ were quoted by ARMZ at 39,300 tonnes U. The 2008 ARMZ plan envisaged production from JSC Khiagda's project increasing to 1800 tU/yr by 2019, but in 2013 the higher target was postponed. The 2018 plan is now 1000 tonnes. In 2014 JSC Khiagda continued construction of the main production facility and on the sulfuric acid plant, the first stage of which was commissioned in September 2015. Its final design capacity is 110,000 t/yr.

JSC Khiagda is currently mining uranium from the Khiagdin and Istochnoy deposits of the Khiagda ore field. Preparatory work for mining operations at the Vershinny deposit is under way. In May 2018, JSC Khiagda announced that engineering and geological surveys ahead of the construction of mining facilities was under way at Kolichikan and Dybryn deposits. The other two fields in the immediate vicinity are Namaru and Tetrakhskoye. All these deposits occur over an area about 50 x 20 km. There are also plans to install plant for extracting rare earth oxides (REO) as by-product. The nearest towns are Romanovka, 133 km north of Chita, and Bagdarin.

Sakha/Yakutia, Elkon district

ARMZ’s long-term hope is development of the massive Elkon project with several mines in the Sakha Republic (Yakutia) some 1200 km north-northeast of the Chita region. The Elkon project is in a mountainous region with difficult climate conditions and little infrastructure, making it a challenging undertaking. Production from metasomatite deposits is planned to ramp up to 5000 tU/yr over ten years, for RUR 90.5 billion ($3 billion), and 2020 start up was envisaged, but this is now "after 2030". Elkon is set to become Russia's largest uranium mining complex, based on resources of over 270,000 tU (or 357,000 tU quoted by Rosatom in 2015). It will involve underground mining, radiometric sorting, milling, processing and uranium concentrate production of up to 5000 tU/yr.

Elkon Mining and Metallurgical Combine (EMMC) was set up by ARMZ to develop the substantial Elkonsky deposits. The Elkon MMC project involves the JSC Development Corporation of South Yakutia and aims to attract outside funding to develop infrastructure and mining in a public-private partnership, with ARMZ holding 51%. Foreign equity including from Japan, South Korea and India is envisaged, and in March a joint venture arrangement with India was announced. The Elkon MMC developments are to become “the locomotive of the economic development of the entire region”, building the infrastructure, electricity transmission lines, roads and railways, as well as industrial facilities, from 2010. Of 15 proposed construction sites, three have been tentatively selected: at the mouth of Anbar River, Diksi Village and Ust-Uga Village. The building of four small floating co-generation plants to supply heat and electricity to northern regions of Yakutia is linked with the Elkon project in southern Yakutia.

There are eight deposits in the Elkon project with resources of 320,000 tU* (RAR + IR) at average 0.146%U, with gold by-product: Elkon, Elkon Plateau, Kurung, Neprokhodimoye, Druzhnoye (southern deposits), as well as Yuzhnaya, Severnaya, Zona Interesnaya and Lunnoye (see below). In mid-2010 ARMZ released JORC-compliant resource figures for the five southern deposits: 71,300 tU as measured and indicated resources, and 158,500 tU as inferred resources, averaging 0.143%U. ARMZ pointed out that the resource assessment against international standards will increase the investment attractiveness of EMMC. However, in September 2011 ARMZ said that production costs would be US$ 120-130/kgU, which would be insufficient in the current market, and costs would need to be cut by 15-20%.

* 257,800 tU of this was in the five southern deposits. The 2011 Red Book gives 271,000 tU resources for Elkon, or 319,000 tU in situ.

First production from EMMC was expected in 2015 ramping up to 1000 tU/yr in 2018, 2000 tU/yr in 2020 and 5000 tU/yr by 2024 based on the southern deposits as well as Severnoye and Zona Interesnoye. This schedule has slipped by at least ten years. Also, it is remote, and mining will be underground, incurring significant development costs. ARMZ and EMMC are seeking local government (Sakha) support for construction of main roads and railways to access the Elkon area, and make investment there more attractive.

JSC Lunnoye was set up by ARMZ at the same time as EMMC to develop a small deposit jointly by ARMZ (50.1%) and a gold mining company Zoloto Seligdara as a pilot project to gain practical experience in the region in a polymetallic orebody. Lunnoye is expected in full production in 2016, reaching 100 tU/yr. It has reserves of 800 tU and 13 t gold, and is managed by Zoloto Seligdara. ARMZ in mid 2011 expressed impatience with the rate of development.

Further mine prospects

The Federal Subsoil Resources Management Agency (Rosnedra) was transferring about 100,000 tonnes of uranium resources to miners, notably ARMZ, in 2009-10, and 14 projects, mainly small to medium deposits, were prepared for licensing then. They are located mainly in the Chita (Streltsovskiy district), Trans-Ural (Zauralskiy district) and Buryatia (Vitimskiy district) uranium regions.

The projects prepared for licensing include:

  • Chita Oblast – Zherlovskoye, Pyatiletnee, Dalnee and Durulguevskoye.
  • Republic of Buratiya – Talakanskoye, Vitlausskoye, Imskoye, Tetrakhskoye, and Dzhilindinskoye.
  • Kurgan Oblast – Dobrovolnoye (now licensed).
  • Khabarovsk Krai – Lastochka.
  • Republic of Tyva – Ust-Uyuk and Onkazhinskoye.
  • Republic of Khakassia – Primorskoye.

All together these projects have 76,600 tonnes of reasonably assured and inferred resources, plus 106,000 tonnes of less-certain 'undiscovered' resources.

Rosnedra published a list of deposits in the Republic of Karelia, Irkutsk Region and the Leningrad Region to be offered for tender in 2009. In particular, Tyumenskiy in Mamsko-Chuiskiy District of Irkutsk Region was to be offered for development, followed by Shotkusskaya ploshchad in Lodeinopolsky District of Leningrad Region. In Karelia Salminskaya ploshchad in Pitkyaranskiy District and the Karku deposit were offered. None of these 2009 offerings had reasonably assured or inferred resources quoted, only 'undiscovered' resources in Russia's P1 to P3 categories and it appears that none were taken up. In 2016 the Karelia Ministry of Natural Resources and Ecology acknowledged only one uranium deposit “of no commercial interest” at Srednyaya Padma (Medvezhegorsk District) and announced that no mining was planned.

Foreign and private equity in uranium mining

In October 2006 Japan's Mitsui & Co with Tenex agreed to undertake a feasibility study for a uranium mine in eastern Russia to supply Japan. First production from the Yuzhnaya mine in Sakha Republic (Yakutia) is envisaged for 2009. Mitsui had an option to take 25% of the project, and was funding $6 million of the feasibility study. Construction of the Yuzhnaya mine was estimated to cost US$ 245 million, with production reaching 1000 tU/yr by 2015. This would represent the first foreign ownership of a Russian uranium mine. However, according to the 2016 Red Book , Yuzhnaya now appears to be part of the Elkon project (see above).

Following from previous deals with Tenex, in November 2007 Cameco signed an agreement with ARMZ. The two companies are to create joint ventures to explore for and mine uranium in both Russia and Canada, starting with identified deposits in northwestern Russia and the Canadian provinces of Saskatchewan and Nunavut.

In addition to ARMZ, private companies may also participate in tenders for mining the smaller and remote uranium deposits being prepared for licensing in Russia. ARMZ is open to relevant investment projects with strategic partners, and Lunnoye deposit is an example where a private company Zoloto Seligdara is partnering with ARMZ.

Mine rehabilitation

Some RUR 340 million (US$10m) is being allocated in the federal budget to rehabilitate the former Almaz mine in Lermontov, Stavropol Territory, in particular Mine 1 on Beshtau Mountain and Mine 2 on Byk Mountain, as well as reclamation of the tailings dump and industrial site of the hydrometallurgical plant. The work will be undertaken by Rosatom organizations under Rostechnadzor. In 2008, rehabilitation of Lermontovsky tailings was included in a federal target program, and over RUR 360 million was allocated for the purpose.

Secondary supplies

Some uranium also comes from reprocessing used fuel from VVER-440, fast neutron and submarine reactors - some 2500 tonnes of uranium has so far been recycled into RBMK reactors.

Also arising from reprocessing used fuels, some 32 tonnes of reactor-grade plutonium has been accumulated for use in MOX. Added to this there is now 34 tonnes of weapons-grade plutonium from military stockpiles to be used in MOX fuel for BN-600 and BN-800 fast neutron reactors at Beloyarsk, supported by a $400 million payment from the USA. Some of this weapons plutonium may also be used in the MHR high-temperature gas-cooled reactor under development at Seversk, if this proceeds.

About 28% of the natural uranium feed sent to USEC in USA for enrichment, and contra to the LEU supplied from blended-down Russian military uranium, is being sent to Russia for domestic use. The value of this to mid 2009 was US$ 2.7 billion, according to Rosatom. See also Military Warheads as Source of Fuel paper.

Russia's uranium supply is expected to suffice for at least 80 years, or more if recycling is increased. However, from 2020 it is intended to make more use of fast neutron reactors.

Fuel Cycle Facilities: conversion & enrichment

Many of Russia's fuel cycle facilities were originally developed for military use and hence are located in former closed cities (names bracketed) in the country. In October 2015 the ministry of economic development moved to open four of these which host facilities managed by Rosatom: Novouralsk, Zelenogorsk, Seversk and Zarechny.

In 2009 the conversion and enrichment plants were taken over by the newly-established JSC Enrichment & Conversion Complex, and in 2010 this became part of TVEL , a subsidiary of Atomenergoprom.

Seversk in Western Siberia is a particular focus of new investment, with Rosatom planning to spend a total of RUR100 billion on JSC Siberian Chemical Combine (SCC, SGChE) over 2012-20 to develop its “scientific, technical and production potential in terms of nuclear technology.” SCC comprises several nuclear reactors and plants for conversion, enrichment, separation and reprocessing of uranium and separation of plutonium. In 2012 Rosatom announced that it was investing RUR 45.5 billion ($1.6 billion) in SCC at Seversk to 2017 for modernising the enrichment capacity and setting up a new conversion plant.

TVEL has decided to rationalize some of its activities at Novouralsk, setting up a scientific and production association (SPA) in 2016 to incorporate Urals Gas Centrifuges Plant (UZGT or UGCP), Novouralsk Scientific and Design Center (NSDC), Uralpribor, and Electrochemical Converters Plant (ECCP).

Russia’s total uranium conversion capacity is about 25,000 tU/yr, but only about half of this is used as of 2013.

TVEL plans to consolidate its conversion capacity at JSC Siberian Chemical Combine (SCC) at Seversk near Tomsk, where some capacity already operates. In 2012 Rosatom said it would spend RUR 7.5 billion to set up a new conversion plant at SCC Seversk, to commence operation in 2016. The new plant is designed to have a capacity of 20,000 tU per year from 2020, including 2000 t of recycled uranium. Public hearings on the project were under way in 2014. The 2015 edition of the World Nuclear Association Nuclear Fuel Report gives capacity then as 12,500 tU.

The main operating conversion plant has been at Angarsk near Irkutsk in Siberia, with 18,700 tonnes U/yr capacity – part of TVEL's JSC Angarsk Electrolysis & Chemical Combine (AECC). In anticipation of the planned new plant at SCC Seversk however, the Angarsk conversion plant was shut down in April 2014.

TVEL also had conversion capacity at Kirovo-Chepetsky Chemical Combine (KCCC) in Glazoy, which was shut down in the 1990s. Since 2009 this has been a RosRAO site, for clean-up

The Elektrostal conversion plant, 50 km east of Moscow, has 700 tU/yr capacity for reprocessed uranium, initially that from VVER-440 fuel. It is owned by Maschinostroitelny Zavod (MSZ) whose Elemash fuel fabrication plant is there. Some conversion of Kazakh uranium has been undertaken for west European company Nukem, and all 960 tonnes of recycled uranium from Sellafield in UK, owned by German and Netherlands utilities, has been converted here. UK-owned recycled uranium has also been sent there.

Uranium enrichment

Four enrichment plants totalling 24 million kg SWU/yr of centrifuge capacity operate at Novo-Uralsk (formerly Sverdlovsk-44) near Yekaterinburg in the Urals, Zelenogorsk (formerly Krasnoyarsk-45), Seversk (formerly Tomsk-7) near Tomsk, and Angarsk near Irkutsk – the last three all in Siberia. The first two service foreign primary demand and Seversk specialises in enriching reprocessed uranium, including that from western Europe. As of early 2011, all are managed by TVEL, rather than Tenex (Techsnabexport).

The Novouralsk (Novo-Uralsk) plant is part of the JSC Urals Electrochemical Combine (UECC) in the Sverdlovsk region. It has operated 8th generation centrifuges since 2003, and 9 th generation units from 2013. The fourth cascade of 9 th generation centrifuges was commissioned in August 2016. TVEL is spending RUR 42 billion on re-equipping the plant with 9 th generation units by 2019. In 2016 it was operating 6 th to 9 th generation centrifuges. The plant can enrich to 30% U-235  (for research and BN fast reactors), the others only to 5% U-235.

The TVEL-Kazakh JV Uranium Enrichment Centre (UEC) bought a 25% share of UECC and became entitled to half its output – up to 5 million SWU/yr (see below). In April 2013 the government commission for control over foreign investments approved this sale.

UECC once claimed 48% of Russian enrichment capacity and 20% of the world’s. Rosatom in 2015 applied to the government to create a territory of priority development (TPD) in Novouralsk, a special economic zone enjoying low taxes, simplified administrative procedures and other benefits.

The Zelenogorsk plant is known as the PA Electrochemical Plant (ECP) in the Krasnoyarsk region (120 km east of that city), and has ISO 14001 environmental accreditation and ISO 9001 quality assurance system. It is starting to run 9 th generation centrifuges and in 2021 commissioned its third cascade of these. In 2011 Rosatom said the plant's capacity was 8.7 million SWU/yr and it planned to increase that to 12 million SWU/yr by 2020, with a view to exporting its services. Rosatom was investing RUR 70 billion ($2.3 billion) by 2020 in developing the plant, with up to 90% of the new centrifuges installed there to make it the main enrichment plant. It is the site of a new deconversion plant (see below).

The Seversk plant is part of the JSC Siberian Chemical Combine (Sibirsky Khimichesky Kombinat – SKhK or SCC), Tomsk region, which opened in 1953. It is about 15 km from Tomsk. As well as the enrichment plant with substantial capacity for recycled uranium the site has other facilities, and several plutonium production reactors (now closed). It is starting to run 9th generations centrifuges.

Angarsk , near Irkutsk in Siberia, is part of the JSC Angarsk Electrolysis & Chemical Combine (AECC). It is the only enrichment plant located outside a 'closed' city, nor has it had any defence role, and hence it became the site of the new International Uranium Enrichment Centre (IUEC) and fuel bank. In 2014 AECC said it would retain its present capacity. In December 2014 it started to undertake enrichment of tails (depleted UF 6 ) stored onsite up to natural UF 6 levels, and expects this to continue to 2030 as a major activity.

Technology: Diffusion technology was phased out by 1992 and all plants now operate modern gas centrifuges, with fitting of 8th generation equipment now complete. New units have a service life of up to 30 years, compared with half that previously. The last 6th & 7th generation centrifuges were set up in 2005, 8th generation equipment was supplied over 2004 to 2012, and about 240,000 units per year replaced 5th generation models. (6th generation units are still produced for export to China.) Two new 9 th generation cascades were commissioned in 2015 and 10 th generation units were being tested in 2016.

While TVEL had taken over responsibility for manufacture, in 2016 Rosatom decided to combine the design and production of centrifuges at the Urals Gas Centrifuge Plant (UZGT or UGCP) in Novouralsk, as part of the scientific and production association (SPA) set up by TVEL. OKB-Nizhniy Novgorod and Cetrotech-SPb had been involved in design and manufacture. The first 9 th generation centrifuges were supplied to UECC early in 2013 from UZGT.

Tails re-enrichment: A significant proportion of the capacity of Novouralsk and Zelenogorsk plants – some 7 M SWU/yr – was earlier taken up by enrichment of tails (depleted uranium), including for west European companies Areva and Urenco. According to WNA sources, about 10,000 to 15,000 tonnes of tails per year, with U-235 assays between 0.25% and 0.40%, has been shipped to Russia for re-enrichment to about 0.7% U-235 since 1997. The tails were stripped down to about 0.10% U-235, and remain in Russia, being considered a resource for future fast reactors. The contracts for this work for Urenco and Areva ended in 2010.

A portion of the Zelenogorsk capacity, about 4.75 M SWU/yr, was taken up with re-enrichment of tails to provide 1.5% enriched material for downblending much of the Russian HEU destined for USA. It was also the site for downblending much of the of ex-weapons uranium for sale to the USA (though all the other three plants may have contributed over the 20 years).

Seversk capacity is about 3 M SWU/yr, and some recycled uranium (from reprocessing) has been enriched here for Areva, under a 1991 ten-year contract covering about 500 tonnes UF 6 . (French media reports in 2009 alleging that waste from French nuclear power plants was stored at Seversk probably refer to tails from enrichment of the recycled uranium.) It is understood to be enriching the 960 tU of reprocessed uranium from Sellafield in UK, belonging to its customers in Germany and Netherlands, sent to Elektrostal in eight shipments over 2001-09.

In 2012 Rosatom announced that it was investing RUR 45.5 billion ($1.6 billion) in SCC at Seversk to 2017 for modernising the enrichment capacity and setting up a new conversion plant.

Angarsk (AECC) is the smallest of three Siberian plants, with capacity of about 2.6 million SWU/yr. In July 2011 TVEL confirmed that there were no plans to expand it. A significant focus is tails enrichment. The International Uranium Enrichment Centre (IUEC) has been set up at Angarsk (see following IUEC section).

TVEL-Kazakh JV Uranium Enrichment Centre (UEC)

In the context of a December 2006 agreement with Kazakhstan, in 2008 Kazatomprom set up a 50-50 joint venture with Techsnabexport (Tenex) for financing a 5 million SWU/yr increment to the Angarsk plant, with each party to contribute about US$ 1.6 billion and hold 50% equity. It then appeared that initial JV capacity would be about 3 million SWU/yr, with first production in 2011. However, in 2010 Rosatom announced that this would not proceed, due to surplus world capacity, but other joint venture enrichment arrangements with Kazatomprom were offered, notably up to a 49% share in Novouralsk or Zelenogorsk.

After deciding that it would be uneconomic to expand capacity at Angarsk, in March 2011 it was announced that Kazatomprom would buy a share in Urals Electrochemical Combine (UECC) which owns the Novouralsk plant through its 50% equity in the TVEL-Kazakh JV Uranium Enrichment Centre (UEC), "instead of building new capacity at AECC" at Angarsk where UEC was originally established. In mid-2011 it was reported that Kazatomprom would acquire shares in UECC either directly (30%) or in the event as a 50% shareholder in UEC with TVEL, related to the need to enrich 6000 tU/yr. Over 2012-13 UEC acquired 25% of UECC, and UEC became operational in the second half of 2013, with access to 5 million SWU/yr – about half of UECC production. The cost of the Kazatomprom share, earlier estimated by it at $500 million, was not disclosed. The first batch of enriched uranium was shipped in November 2013. UEC share of production in 2014 was 4.99 million SWU.

Deconversion

Russia's W-ECP or W-EKhZ deconversion plant is at Zelenogorsk Electrochemical Plant (ECP). The 10,000 t/yr deconversion (defluorination) plant was built by Tenex under a technology transfer agreement with Areva NC (now Orano), so that depleted uranium can be stored long-term as uranium oxide, and hydrogen fluoride is produced as a by-product. The W1-ECP plant is similar to Areva's W2 plant at Pierrelatte in France and has mainly west European equipment. It was commissioned in December 2009 and to January 2021 had processed 100,000 t depleted uranium hexafluoride. The Russian-designed phase 2 for production of anhydrous hydrogen fluoride was commissioned in December 2010. During the ten years to end of 2020, some 11,000 t of anhydrous hydrogen fluoride as well as much more hydrofluoric acid were shipped to customers. TVEL is building a second unit, W2-ECP, with equipment from Orano Projects in France. This will expand ECP’s capacity to 20,000 t/yr depleted uranium hexafluoride from 2023 and producing up to 2400 t/yr of anhydrous hydrogen fluoride. 

Fuel fabrication

Fuel fabrication is undertaken by JSC TVEL, which supplies 76 nuclear reactors in Russia and 13 in other countries as well as 30 research reactors and fuel for naval and icebreaker reactors. Its operations are certified against ISO 9001 and it has about 17% of the world market for fabricated fuel. Russian fuel technology is supported by TVEL’s A.A. Bochvar High Technology Research Institute of Inorganic Materials ( VNIINM ).

Fuel cycles

Russia aims to maximise recycling of fissile materials from used fuel. Hence reprocessing used fuel is a basic practice, with reprocessed uranium being recycled and plutonium used in MOX, at present only for fast reactors. However, innovative developments of MOX use open up wider possibilities, and both the REMIX cycle and the Dual Component Power System are described below.

Uranium fuel fabrication

TVEL has two fuel fabrication plants with combined capacity of 2800 t/yr finished fuel:

  • The huge Maschinostroitelny Zavod (MSZ) at Elektrostal 50 km east of Moscow – known as Elemash.
  • Novosibirsk Chemical Concentrates Plant (NCCP) in Siberia.

TVEL's Chepetsk Mechanical Plant (CMP or ChMZ) near Glazov in Udmurtiya makes zirconium cladding and also some uranium products.

Most fuel pellets for RBMK and VVER-1000 reactors were being made at the Ulba plant at Ust Kamenogorsk in Kazakhstan, but Elemash and Novosibirsk have increased production. MSZ/Elemash produces fuel assemblies for both Russian and west European reactors using fresh and recycled uranium. It also fabricates research reactor and icebreaker fuel and in 2016 is producing the first fuel for the RITM-200 reactors in new icebreakers. VNIINM claims the fuel has greater energy density than previous icebreaker fuel.

Novosibirsk produces mainly VVER-440 & 1000 fuel, including that for initial use in China.

MSZ/Elemash is the principal exporter of fuel assemblies. Total production is about 1400 t/yr, including fuel assemblies for VVER-440, VVER-1000, RBMK-1000, BN-600 reactors, powders and fuel pellets for delivery to foreign clients. It has a contract to supply high-enriched uranium (HEU) fuel over seven years for China's first CFR600 fast reactor. The plant also produces nuclear fuel for research reactors.

TVEL is developing a uranium-erbium fuel for VVERs enriched to 5-7% for load-following and longer fuel cycles. Some RBMK fuel is already enriched over 5%.

Early in 2021 MSZ set up a new production line for fast reactor fuel, including HEU. Russia’s BN-600 reactor uses uranium fuel with three levels of enrichment: 17%, 21% and 26%. Fuel for China’s CFR600 is likely to be similar. On another production line MSZ has already provided fuel for China’s CEFR, including a 2020 reload, reported to be 64% enriched.

TVEL’s NCCP also produces pure lithium-7, and accounts for over 70% of the world supply of Li-7, both 99.95% for use in PWR cooling systems, and also now 99.99% pure. A plant upgrade in 2013 makes it possible to double the volume of Li-7 output there.

TVEL has done extensive work done on utilization of reprocessed uranium (RepU) in VVER-type reactors, and there are plans for all units of the Kola nuclear station to shift to RepU fuel. Some PWR reactors, e.g. Kalinin 2 and Balakovo 3, are using recycled uranium in TVSA fuel assemblies already.

There is no plan or provision to use MOX in light-water reactors.

TVEL owns 35% equity in the Ulba Metallurgical Plant in Kazakhstan. This has major new investment under way. It has secured both ISO 9001 and ISO 14001 accreditation. Since 1973 Ulba has produced nuclear fuel pellets from Russian-enriched uranium which are used in Russian and Ukrainian VVER and RBMK reactors. Some of this product incorporates gadolinium and erbium burnable poisons. Ulba briefly produced fuel for submarines (from 1968) and satellite reactors. Since 1985 it has been able to handle reprocessed uranium, and it has been making fuel pellets incorporating this for western reactors, supplied through TVEL.

TVEL's Moscow Composite Metal Plant designs and makes control and protection systems for nuclear power reactors.

REMIX fuel cycle

REMIX (Regenerated Mixture) fuel has been developed by the  V.G. Khlopin Radium Institute  for Tenex as a development of MOX to supply light water reactors. Remix fuel is produced directly from a non-separated mix of recycled uranium and plutonium from reprocessing used fuel, with a low-enriched uraniium (up to 17% U-235) make-up comprising about 20% of the mix. This gives fuel with about 1% Pu-239 and 4% U-235 which can sustain burn-up of 50 GWd/t over four years and has similar characteristics to normal LWR fuel. It is distinct from MOX in having low and incidental levels of plutonium – none is added. The spent Remix fuel after four years is about 2% Pu-239* and 1% U-235, and following about five years of cooling and then reprocessing the non-separated uranium and plutonium is recycled again after LEU addition. The waste (fission products and minor actinides) is vitrified, as today from reprocessing, and stored for geological disposal. Before vitrification it may be processed to recover valuable fission products such as isotopes Cs, Sr and Tc.

* a 68% increase, compared with 104% in MOX fuel cycle, according to Tenex.

Remix fuel can be repeatedly recycled with 100% core load in current VVER-1000 reactors and correspondingly reprocessed many times – up to five times, so that with fewer than three fuel loads in circulation a reactor could run for 60 years using the same fuel, with LEU recharge. As with normal MOX, the use of Remix fuel reduces consumption of natural uranium in VVERs by about 20% at each recycle as compared with open fuel cycle. Remix can serve as a replacement for existing reactor fuel, but in contrast to MOX there is a higher cost for fuel fabrication due to the high activity levels from U-232. Compared with UO 2  fuel, the cost increment is 25-30%. The Remix cycle can be modified from the above figures according to need. The increasing concentrations of even isotopes of both elements is compensated by the fresh uranium top-up, possibly at increasing enrichment levels.

A 2019 study showed that the use of regenerated uranium in Remix fuel for VVER reactors, and therefore the U-236 isotope, also significantly increases the proportion of Pu-238 in the fuel, which prevents its diversion for non-peaceful purposes.

Remix allows all the recovered uranium and plutonium to be recycled and will give a saving in used fuel storage and disposal costs compared with the once-through fuel cycle, matched by the reprocessing cost, though this is expected to reduce. Compared with the MOX cycle, it has the virtue of not giving rise to any accumulation of reprocessed uranium (RepU) or allow any separated plutonium.

Rosatom loaded three TVS-2M fuel assemblies each with six REMIX fuel rods into Balakovo 3 in June 2016. They remained for two fuel cycles, and a third 18-month cycle began in early 2020. These all showed good results, and Rosatom is now proceeding to pilot operation of several full-REMIX fuel assemblies. No changes in reactor design or safety measures are required. Remix fuel is also being tested in the MIR research reactor at RIAR in Dimitrovgrad.

Tenex suggests Remix being used with a form of fuel leasing from a supplier to a utility, with repeated recycle between them. Commercial application is planned for the mid-2020s. 

In August 2020 Rosatom announced that Remix fuel for VVER-1000 reactors would be produced on a new production line at the Siberian Chemical Plant (SCC) at Seversk from 2023. In June 2021 TVEL commissioned equipment for the pilot fuel production line, enabling initial production of fuel assemblies by year end, using fuel pellets made at the MCC Zheleznogorsk plant. Eventually a commercial-scale Remix fuel fabrication plant is envisaged.

MOX fuel fabrication (only for fast reactors)

In late 2007 it was decided that MOX fuel production using recycled materials should be based on electrometallurgical (pyrochemical) reprocessing and vibropack dry processes for fuel fabrication, as developed at RIAR. The goals for closing the fuel cycle included minimising cost, recycle of minor actinides (for burning), excluding separated plutonium, and arrangement of all procedures in remote systems to allow for 'hot' materials. However, plans for vibropack fuels are not being pursued with any vigour.

MCC Zheleznogorsk MOX plant: A 60 t/yr commercial mixed oxide (MOX) fuel fabrication facility (MFFF) commenced operation at Zheleznogorsk (formerly Krasnoyarsk-26, 70 km northeast of Krasnoyarsk) in 2015, operated by the Mining & Chemical Combine (MCC or GKhK). This was built at a cost of some RUR 9.6 billion as part of Rosatom’s Proryv, or 'Breakthrough', project, to develop fast reactors with a closed fuel cycle whose MOX fuel will be reprocessed and recycled. It represents the first industrial-scale use of plutonium in the Russian civil fuel cycle, and is also the Russian counterpart to the US MFFF for disposition of 34 tonnes of weapons-grade plutonium.* About half the plant’s equipment was imported.

* The head of Rosatom reported to the president in September 2015: “Industrial operation has begun at a new MOX fuel (uranium-plutonium fuel) production plant, the first such plant in history. Our American partners have still not managed to finish the plant they were building. They have already spent $7.7 billion on it and, as Congress informs, they are now going to suspend the project because no one knows how much more money it will cost. We built our plant in 2.5 years at a cost of a little over $200 million, or 9.6 billion rubles. The plant is working and is now reaching industrial capacity.”

MCC’s MFFF will make 400 pelletised MOX fuel assemblies per year for the BN-800 and future BN-1200 fast reactors. The MOX can have up to 30% plutonium. The capacity is designed to be able to supply five BN-800 units or equivalent BN-1200 capacity. First production of 20 fuel assemblies for Beloyarsk 4 was in 2015, working up to full capacity in 2017. The BN-800 each year requires 1.84 tonnes of reactor-grade plutonium recovered from 190 tonnes of used VVER fuel. The first serial batch of MOX for BN-800 passed acceptance tests in December 2018. (Plutonium from used BN fuel will be used in VVER-1000 reactors.) The MFFF is built in rock tunnels at a depth of about 200 metres.

Longer-term MCC Zheleznogorsk was intending to produce MOX granules for vibropacked fuel using civil plutonium oxide, ex-weapons plutonium metal and depleted uranium. Initial capacity of 14 t/yr of granules was funded to RUR 5.1 billion (US$ 169 million then) over 2010-12. The granulated MOX is sent to RIAR Dimitrovgrad for vibropacking into FNR fuel assemblies.

In June 2011 Rosatom announced that it was investing RUR 35 billion in MCC to 2030, including particularly MOX fuel fabrication. In February 2012 the figure was put at RUR 80 billion minimum.

Mayak MOX plant: A small pelletised MOX fuel fabrication plant has operated at the Mayak plant at Ozersk since 1993, for BN-350 and BN-600 fuel (40 fuel assemblies per year), and it supplied some initial pelletised MOX fuel for BN-800 start-up, the assemblies being made by RIAR Dimitrovgrad.

Seversk MOX plant: Another MOX plant for disposing of military plutonium is planned at Seversk (Tomsk-7) in Siberia, to the same design as its US equivalent. This is for dense MOX fuel for fast reactors, and was planned for completion by the end of 2017, with RUR 5.8 billion allocated by TVEL for the equipment. (Seversk had the other two dual-purpose but basically military plutonium production reactors, totalling 2500 MWt. One of these – ADE4 – was shut down in April 2008, the other – ADE5 – in June 2008.)

RIAR Dimitrovgrad MOX plant: The Research Institute of Atomic Reactors (RIAR or NIIAR) at Dimitrovgrad, Ulyanovsk, has a small MOX fuel fabrication plant. This produces vibropacked fuel which was said to be more readily recycled. Under the federal target programme this was allocated RUR 2.95 billion (US$ 83 million) for expansion from 2012. Its main research has been on the use of military plutonium in MOX, in collaboration with France, USA and Japan. From 2014 the plant produced 106 fuel assemblies for Beloyarsk 4 BN-800, before MCC's MFFF took over this role.

Vibropacked MOX fuel (VMOX) was earlier seen as the way forward. This is made by agitating a mechanical mixture of (U,Pu)O 2 granulate and uranium powder, which binds up excess oxygen and some other gases (that is, operates as a getter) and is added to the fuel mixture in proportion during agitation. The getter resolves problems arising from fuel-cladding chemical interactions. The granules are crushed (U,Pu)O 2 cathode deposits from pyroprocessing. VMOX needs to be made in hot cells. It has been used in BOR-60 since 1981 (with 20-28% Pu), and tested in BN-350 and BN-600 as part of a hybrid core (with some military plutonium). This was evaluated by OKBM and Japan Nuclear Cycle Development Institute. However, its future is uncertain, and MOX fuel may revert to being conventional sintered pellets.

Dual-component power system MOX

Rosatom has proposed a fuel cycle involving both thermal and fast reactors, using two kinds of MOX fuel, and envisages implementing this system when the first BN-1200 reactors are online about 2027. In 2020 the first MOX using plutonium from conventional power reactors was loaded into Beloyarsk's BN-800 reactor and later in the year another 180 such fuel assemblies will be added. By the end of 2021, the reactor will fully switch to MOX fuel.

Russia REMIX concept for closing the nuclear fuel cycle showing a balanced arrangement for a dual-component nuclear power system

In this fuel cycle, normal thermal reactors are the primary plutonium source, but this plutonium is reactor-grade, with about one-third even-mass number non-fissile isotopes. The plutonium is mixed with deflourinated tails from uranium enrichment ( i.e. depleted uranium). Whether derived from used uranium fuel or MOX fuel, it is separated and made into MOX fuel for fast breeder reactors with not less than 1.2 breeding ratio, and the used fuel from these has a much lower proportion of even-number non-fissile plutonium isotopes.

In future this ‘clean’ or high-fissile plutonium recovered from fast reactor fuel can then made into MOX fuel for the original thermal reactors, and comprise about 30% of their fuel. The other 70% could be enriched reprocessed uranium (RepU), the depleted tails of which are also used for MOX, instead of using normal depleted uranium. Their used fuel is reprocessed to continue the dual cycle. Minor actinides are burned in the fast reactors.

One fast reactor running on 'dirty' MOX would therefore be in balance with two VVER reactors fuelled with 'clean' MOX (30% of load) and RepU oxide enriched to about 17% U-235 (70% of load) via segregated reprocessing facilities and segregated fuel fabrication.

Further details are in the information paper on Mixed Oxide Fuel .

Nitride fuel fabrication for fast reactors

Overall, RUR 17 billion is budgeted for nitride fuel development, which is mainly for the BREST-300 reactor, part of Rosatom’s Proryv or 'Breakthrough' project . Both SCC plants will be part of the Pilot Demonstration Power/Energy Complex (PDPC or PDEC) with the BREST reactor, integral to the Proryv project and approved by government decree in August 2016. The Proryv project at SCC is expected to be fully operational from 2023.

To avoid problems in reactor operation and spent fuel, nitrogen-15 is the preferred isotope. VNIINM has patented a technique for enrichment in N-15, annual demand for which is expected to be several tonnes.

SCC nitride fuel plant KEU-1: In collaboration with TVEL, the Siberian Chemical Combine (SCC) at Seversk is making test batches of dense mixed nitride uranium-plutonium (MNUP) fuel for fast reactors, essentially prototype fuel for BREST. Construction of SCC’s pilot nitride fuel plant started in March 2014 with a view to commissioning in 2017-18, in time to produce fuel for the first BREST-300 reactor, which is now expected in operation about 2024. In April 2016 Atomenergomash supplied to SCC a plant for preparation of input materials for automated fabrication of MNUP fuel for fast neutron reactors. 

SCC completed acceptance tests on the first ETVS nitride fuel assembly in September 2014, and it had further ones (ETVS-10 & 11) ready a year later, using parts supplied by VNIINM. In April 2015 the first ETVS nitride fuel assemblies were put into the BN-600 reactor at Beloyarsk for testing over three years, and by August 2015 there were nine ETVS there. In November 2015 the post-irradiation inspection of ETVS-1 after six-month storage to cool showed it to be in good shape. In April 2016 two more dense nitride fuel assemblies (ETVS-12 & 13) were delivered to Beloyarsk for irradiation in the BN-600 reactor. They were designed by VNIINM and made by SCC as prototypes for BREST-300 and BN-1200 reactors. In mid-2016 VNIINM produced two more pilot fuel assemblies, ETVS-14 & 15, with mixed nitride fuel for testing in the BN-600 reactor at Beloyarsk.  MSZ completed acceptance tests on these in August. In December 2016 SCC announced successful post-irradiation tests on ETVS fuel assemblies, confirming their suitability for BREST. ETVS-16 to 21 were scheduled for 2017. The next series of ETVS will be of a different design. By November 2020, more than 1000 MNUP fuel rods had been produced and more than 21 fuel assemblies had been irradiated in BN-600, the latest ones each with 61 fuel rods.

SCC nitride fuel plant KEU-2: SCC started construction of a second integrated experimental facility (KEU-2) in 2016, to fabricate fuel for testing in the BN-800 reactor at Beloyarsk. A U-Pu-Np nitride fuel fabrication and recycling facility is part of the Pilot Demonstration Power Complex (PDPC; Russian acronym: ODEK) at SCC. Rosatom began installing equipment here for MNUP fuel fabrication and refabrication for the BREST-300 in 2017. The main fabrication line was expected in operation in 2020, with daily production capacity of up to 60 kg of fuel, or 120 nuclear fuel assemblies, and a total of 14.7 tonnes of fuel per year.

In October 2014 SCC announced a tender for a reprocessing plant to be completed by 2018, with VNIPIET as SCC’s preferred bidder. It included a module for processing used nuclear fuel, to examine technologies VNIINM and the VG Khlopin Radium Institute have developed. VNIINM said its experiments in 2016 had confirmed for the first time that the technology used for the reprocessing of used mixed nitride fuel enables the re-use of more than 99.9% of the actinides. The actual RUR 20 billion plant is to have a capacity of 5 t/yr used fuel from the BREST-300 and 0.5 t/yr of “rejects from electrolysis process and americium-containing burning elements.” It will  commence operation about 2024, after the BREST-300 is in service. This will be part of the Pilot Demonstration Power/Energy Complex (PDPC or PDEC) with the BREST reactor.

SCC started testing three different refining technologies for the plant in 2016. The best option will be selected and used in the used fuel recycling module within PDPC. The project manager said that the refining installation “can be used as a sector-wide test-bench to deal with uranium, plutonium, and neptunium.”

Mayak nitride fuel plant: A new 14 tonne per year plant to fabricate dense mixed nitride fuel for fast neutron reactors is planned at PA Mayak, to operate from 2018. In the federal target programme to 2020, RUR 9.35 billion ($310 million) was budgeted for it. Later it may be expanded to 40 tonnes per year.

International Uranium Enrichment Centre (IUEC)

The IUEC concept was inaugurated at the end of 2006 in collaboration with Kazakhstan, and in March 2007 the International Atomic Energy Agency (IAEA) agreed to set up a working group and continue developing the proposal. In September 2007 the joint stock company Angarsk International Uranium Enrichment Centre (JSC Angarsk IUEC) was registered and a year later Rostechnadzor licensed the centre.

Late in 2008 Ukraine's Nuclear Fuel Holding Company, SC Nuclear Fuel, decided to take a 10% stake in it, matching Kazatomprom's 10%, and this was effected in October 2010. Armenia finalised its 10% share in IUEC in May 2012 (2600 shares for RUR 2.6 million). Negotiations since then have proceeded with South Africa, Vietnam, Bulgaria, UAE, Jordan, South Korea and Mongolia (in connection with Russian uranium interests there). Russia also invited India to participate in order to secure fuel for its Kudankulam plant. The aim is for Techsnabexport/TVEL eventually to hold only 51%. Each of the 26,000 IUEC shares is priced at RUR 1000.

Present equity in JSC Angarsk IUEC: TVEL 70%, Kazatomprom 10%, Ukraine State Concern Nuclear Fuel 10%, Armenia NPP 10%.

The centre is to provide assured supplies of low-enriched uranium for power reactors to new nuclear power states and those with small nuclear programmes, giving them equity in the project, but without allowing them access to the enrichment technology. Russia will maintain majority ownership. IUEC will sell both enrichment services (SWU) and enriched uranium product. Arrangements for IAEA involvement were being sorted out in 2009, and in 2010 a feasibility study commenced on IUEC investment, initially for equity in JSC Angarsk Electrolysis & Chemical Combine (AECC) so that part of its capacity supplies product to IUEC shareholders.

The existing enrichment plant at Angarsk was to feed the IUEC and accordingly was removed from the category of "national strategic installations", though it had never been part of the military programme. In February 2007 the IUEC was entered into the list of Russian nuclear facilities eligible for implementation of IAEA safeguards. The USA has expressed support for the IUEC at Angarsk. Since 2010 the facility has been under IAEA safeguards.

Development of the IUEC was envisaged in three phases:

  • Use part of the existing capacity at Angarsk in cooperation with Kazatomprom and under IAEA supervision.
  • Expand Angarsk capacity (perhaps double) with funding from new partners by 2017.
  • Full internationalisation with involvement of many customer nations under IAEA auspices.

In 2012-13 the IUEC website said: “The JSC IUEC has been established within the Angarsk Electrolysis Chemical Complex , but it can use capacities of other three Russian combines to diversify production and optimize logistics.”

In 2016 a major customer was Ukraine’s State Concern Nuclear Fuel, which since 2012 has bought 60,000 SWU per year, proportional to its shareholding.

IUEC guaranteed LEU reserve ('fuel bank')

In November 2009 the IAEA board approved a Russian proposal to create an international guaranteed LEU reserve or 'fuel bank' of low-enriched uranium under IAEA control at the IUEC at Angarsk. This was established a year later and comprises 123 tonnes of low-enriched uranium as UF 6 , enriched 2.0-4.95% U-235 (with 40t of latter), available to any IAEA member state in good standing which is unable to procure fuel for political reasons. It is fully funded by Russia, held under safeguards, and the fuel will be made available to the IAEA at market rates, using a formula based on spot prices. Following an IAEA decision to allocate some of it, Rosatom will transport material to St Petersburg and transfer title to the IAEA, which will then transfer ownership to the recipient. The 120 tonnes of low-enriched uranium as UF 6 is equivalent to two full fuel loads for a typical 1000 MWe reactor, and in 2010 was worth some $250 million.

This initiative complements the   IAEA LEU Bank set up in Kazakhstan by making more material available to the IAEA for assurance of fuel supply to countries without their own fuel cycle facilities. The IAEA LEU Bank is located at the Ulba Metallurgical Plant (UMP) in Kazakhstan, which has 50 years of experience in handling UF 6 . A formal agreement with Kazakhstan to establish the legal framework was signed in August 2015, and the partnership agreement between the IAEA and UMP was signed in May 2016. Construction of the building with 600 m 2 storage area started in September 2016, and the facility was formally opened at the end of August 2017. It became operational in 2019, and it awarded contracts to Orano and Kazatomprom to supply it.

Used fuel and reprocessing

Russian policy is to close the fuel cycle as far as possible and utilise recycled uranium, and also to use plutonium in MOX fuel. However, its achievements in doing this have been limited – in 2011 only about 16% of used fuel was reprocessed, this being from VVER–440s, BN-600, research reactors and naval reactors. The reprocessed uranium (RepU) is mainly used for RBMK fuel. By 2030 Rosatom hopes to fully close the fuel cycle. Commercial reprocessing started in 1977, and several projects at two sites have been under way to progress this intention:

  • At Mayak Production Association in Ozersk, the RT-1 spent fuel reprocessing facility was first updated and returned to service in 2016, and will then be shut down in about 2030.
  • At Mining and Chemical Combine (MCC) in Zheleznogorsk, the MOX fuel fabrication plant for fast reactors was commissioned in 2015 (see above).
  • At MCC the Pilot Demonstration Centre (PDC) for used nuclear fuel reprocessing was commissioned in 2015.
  • At MCC the full-scale RT-2 facility would be completed by 2025 to reprocess VVER, RBMK and BN used fuel into mixed-oxide (MOX) fuel or into REMIX – the regenerated mixture of uranium and plutonium oxides.
  • At MCC Zheleznogorsk the spent fuel pool storage would be supplemented by dry storage, commissioned in 2012, and MCC will become the destination for all of Russia’s used fuel.

In 2013 used fuel arisings in Russia were:

All used fuel is stored at reactor sites for at least three years to allow decay of heat and radioactivity. High burn-up fuel requires longer before it is ready to transport. At present the used fuel from RBMK reactors and from VVER-1000 reactors is stored (mostly at reactor sites) and not reprocessed. It is expected that used fuel in storage will build up to about 40,000 tonnes by the time substantial reprocessing at MCC Zheleznogorsk gets under way about 2022. The materials from this will be burned largely in fast reactors by 2050, when none should remain.

In late 2007 it was decided that MOX fuel production using recycled materials from both light water and fast reactors should be based on electrometallurgical (pyrochemical) reprocessing. The goals for closing the fuel cycle are minimising cost, minimising waste volume, recycle of minor actinides (for burning), excluding separated plutonium, and arrangement of all procedures in remote-handled systems. This reprocessing route remains to be developed.

In August 2016 a new program for management of used fuel to 2020 was announced. It provides for transport of used fuel to Mayak at Ozersk for reprocessing, or to a central storage facility at MCC Zheleznogorsk where the reprocessing plant is due to be commissioned.

RT-1 reprocessing plant, Mayak

Used fuel from VVER-440 reactors Kola 1-4 and Rovno 1-2 in Ukraine), the BN-600 (Beloyarsk) and from naval reactors is sent to the Mayak Chemical Combine's 400 t/yr RT-1 plant (Chelyabinsk-65) at Ozersk, near Kyshtym 70 km northwest of Chelyabinsk in the Urals for reprocessing.* An upgrade of the RT-1 plant to enable it to take VVER-1000 fuel was completed in 2016, and reprocessing of fuel from Rostov began late in the year. In 2017, 20 tonnes of used VVER-1000 fuel from Balakovo is to be reprocessed.

* The original reprocessing plant at the site was hastily built in the mid-1940s, for military plutonium production in association with five producer reactors (the last shut down in 1990).

The RT-1 plant started up in 1971 and employs the Purex process. Since about 2000 the plant has been extended and modified so that it can accept a wide variety of inputs, including U-Be research reactor fuel.  It had reprocessed about 5000 tonnes of used fuel to 2012 and was reported to be running at about 100 t/yr capacity, following the loss of foreign contracts. In 2015 RT-1 processed 230 tonnes of fuel, 35% more than in 2014, and its capacity is expected to reach 400 t/yr “within several years”, comprising all types from Russian designed reactors, notably VVER-1000 and RBMK. From 2017 it will also be able to reprocess uranium nitride fuel. However, after the commissioning of the RT-2 plant at MCC, it is due to be decommissioned about 2030.

About 93% of its feed to 2015 has been from Russian and Ukrainian VVER-440 reactors, about 3% from naval sources or icebreakers and 3% from the BN-600 reactor. It earlier reprocessed BN-350 used fuel. Damaged used fuel is to be reprocessed there to avoid the need for prolonged storage. In September 2015 Rosatom said that reprocessing the fuel from 201 decommissioned vessels transferred to it from the Ministry of Defence was 97% complete, and that no naval fuel remained in the Far East. Regular shipments of used submarine fuel from Andreeva Bay storage to Mayak for reprocessing commenced in mid-2017, and 22,000 naval fuel assemblies are expected to be shipped by 2024, via Murmansk.

In 2015 Mayak started reprocessing the uranium-beryllium fuel from dismantled Alfa -class submarines, as a ‘nuclear legacy project’. These unsuccessful vessels had a single reactor of 155 MWt cooled by lead-bismuth and using very highly enriched uranium – 90% enriched U-Be fuel. The experience gained with lead-bismuth eutectic is being applied in Russia’s fast reactor programme – notably BREST (since SVBR was dropped).

Recycled uranium is enriched to 2.6% U-235 by mixing RepU product from different sources and is used in all fresh RBMK fuel, while separated plutonium oxide is stored. High-level waste is vitrified and stored. There are plans to use RepU for all the Kola VVER reactors. Vitrified HLW from Ukraine’s VVER-440 used fuel is to be returned to Ukraine from 2018.

Used fuel storage capacity there is being increased from 6000 to 9000 tonnes, but will remain limited compared with Zheleznogorsk. Hence the used fuel received is usually treated fairly promptly. In 2015, 5184 RBMK used fuel assemblies were sent there from the Leningrad and Kursk plants, for storage initially.

Zheleznogorsk MCC: Pilot Demonstration Centre and RT-2 reprocessing plant

A Pilot Demonstration Centre (PDC) for several reprocessing technologies is operated by MCC at Zheleznogorsk, built at a cost of RUR 8.4 billion and completed in 2015 as a "strategic investment project". Its initial capacity with research hot cells is 10 t/yr, increasing to 100 t/yr, with later increase to 250 t/yr from 2018 as phase 2. PDC phase 2 was expected to be in full operation in 2019. It will have innovative technology including embrittlement by crystallization, and simultaneous gas, thermo and mechanical spent fuel assembly shredding. Initially it will deal with VVER-1000 fuel, later with fuel from fast reactors. It will effectively be the first stage of the large redesigned RT-2 plant at the MCC/GHK site to be operational about 2024. The cost of RepU product is expected to be some €500/kg. The PDC “can be used for demonstration of the closed nuclear fuel cycle of thermal neutron reactors running on REMIX-fuel” as well as producing MOX fuel.

The RT-2 reprocessing plant at Zheleznogorsk is now on track for completion with 700 t/yr capacity by 2025 (in addition to the 250 t/yr at PDC). Another 800 t/yr is planned by 2028. Originally it was planned to have two 1500 t/yr lines, but for some time the project was under review. Construction started in 1984 but halted in 1989 when 30-40% complete due to public opposition and lack of funds (though in 1993 it was officially reported as "under construction"). It has now been redesigned and is expected to operate from around 2025 with advanced Purex process, for both VVER-1000 and RBMK fuel, and also BN fuel. Its cost is about $2 billion, with no federal funds. The facility could form part of the new Global Nuclear Infrastructure Initiative and foreign equity in a joint stock company is being considered. (See also International Collaboration section below.)

Zheleznogorsk MCC: RBMK and VVER used fuel storage

VVER-1000 used fuel is sent to the Mining & Chemical Combine (MCC) (Gorno-Khimichesky Kombinat – GHK) at Zheleznogorsk (Krasnoyarsk-26) in Siberia for pool storage. The site is about 60 km north of Krasnoyarsk. This fuel comes from three Russian, three Ukrainian and one Bulgarian plants. A large pool storage facility was built by MCC at Zheleznogorsk in 1985 for VVER-1000 used fuel, though its 6000 tonne capacity would have been filled in 2010. The facility was fully refurbished over 2009-10, and some dry storage capacity was commissioned in 2011. In December 2009 Rostechnadzor approved pool storage expansion to 7200 tonnes and MCC sought approval to expand it to 8400 tonnes capacity to allow another 6 years input. It is now planned to expand wet storage for VVER-1000 fuel to 11,000 tonnes.

In 2012 the first stage of an 8600 tonne dry storage facility for used fuel (INF DSF-2) was commissioned at Zheleznogorsk. It was built by the E4 Group at a cost of about $500 million for the MCC/GHK. It is the largest dry storage facility in the world, holding 8129 tonnes of RBMK fuel, initially from Leningrad and Kursk power plants, followed by Smolensk. At Leningrad the fuel is cut up and put into the large containers before being shipped to MCC. RBMK fuel is not presently economic to reprocess so has been stored at reactor sites, and when transferred to MCC it is stored in hermetically sealed capsules filled with nitrogen and helium, inside a building but air-cooled.

The second stage of MCC dry storage will take VVER-1000 fuel currently in wet storage there and increase capacity to over 37,000 tonnes (26,510 t RBMK, 11,275 t VVER). MCC expects to commission it about the end of 2016. It is expected to be commissioned about the end of 2015. The original wet storage facility is to be decommissioned in 2026. Used fuel will be stored for up to 50 years, pending reprocessing. MCC has flagged the possibility of storing foreign VVER-1000 used fuel, such as that from fuel take-back arrangements linked to foreign reactor sales (initially Iran). This can be reprocessed in Russia, but the waste must be repatriated.

Bilibino's LWGR used fuel is stored at Bilibino site.

(Three decommissioned graphite-moderated reactors which principally produced military plutonium, with associated underground reprocessing plant, are also at MCC Zheleznogorsk. The huge underground complex, 200-250 m deep, was originally established in 1950 for plutonium and weapons production.)

Other reprocessing plants

At SCC Seversk a reprocessing plant for nitride fuel from BREST fast reactors is envisaged to operate from 2024, closing that fuel cycle. See above under SCC nitride fuel plant KEU-2 .

In  2016 it was announced that decommissioning of the HEU downblending and mixing plant at SCC would be completed by 2022. The plant was built in 1996 at the conversion plant in order to implement the Russia-US program for blending down high-enriched uranium from Russian nuclear weapons into low-enriched uranium for export and use in US nuclear power plants. This program concluded in 2013.

Some kind of radioactive waste processing plant is under construction at the Kursk nuclear power station, according to Nikimt-Atomstroy. A completed section, fully operational by the end of 2014, would process liquid radioactive waste. The two remaining sections of the project include a processing facility for solid radioactive waste and a storage facility.

Legacy materials

Russia has a significant amount of legacy materials, some as a result of military materials production ( e.g. slightly irradiated uranium), others from the civil fuel cycle ( e.g. reprocessed uranium), and as a result of reviews over 2006-08 these are now recognised as potentially having significant value. The total quantity is not such as to impact the civil market; there are some technical challenges ( e.g. limiting U-232 to 5 ppb in enriched RepU), and in any case Russia’s preference is to use the material domestically while making resultant expertise available internationally.

The main material not found in the civil nuclear fuel cycle is slightly irradiated uranium (SIU, 0.65% U-235) from military plutonium production with low burn-up of natural uranium, after reprocessing to separate that plutonium. If SIU is enriched, the product can readily be used in nuclear plants and the tails become DSIU, with lower content of even uranium isotopes (232, 234, 236) than normal RepU, hence more valuable.

Historically, Russian used fuel from all but VVER-1000 civil reactors has been reprocessed at Mayak to yield RepU with about 0.9% U-235. This has mostly been enriched to provide fuel for RBMK reactors, with the tails as DRepU.

Also historically, to 2000, foreign used fuel was reprocessed and the RepU blended with LEU to yield reactor fuel which was returned as if the RepU had been enriched.

In the centrifuge enrichment process, different ways of feeding cascades with both U nat and RepU and blending the product can control U-232 levels and also U-236 levels (which if over 0.1% can be compensated by higher enrichment levels). Russian enrichment plants have provision for this flexible cascading. Then blending the enriched uranium product (from SIU, DSIU or RepU) with U nat or SIU can further reduce both of these even isotopes according to customer requirements, and below the pending Russian limit of 5 ppb U-232 (now 2 ppb).

This will enable use of RepU in VVER-1000 reactors from 2021 and increase the value of Russian RepU for domestic needs. It will also mean that production and use of RepU are balanced, especially as RBMK units are decommissioned and the Mayak RT-1 plant capacity is increased to 250 t/yr and the PDC at MCC Zheleznogorsk reaches 250 t/yr.

Russia expects to have spare capacity to process foreign RepU from about 2020.

Radioactive waste

Russia's Duma passed a new Federal Law on Radioactive Waste Management in June 2011, after 19 months consideration and many amendments. It was passed by the state Council in July and then signed into law. It establishes a legal framework for radioactive waste management, provides for a national radwaste management system meeting the requirements of the Joint Convention on the Safe Management of Spent Nuclear Fuel and on the Safe Management of Radioactive Waste ratified by Russia in 2006.

In November 2015 the government approved Rosatom’s second federal target programme (FTP NRS-2) for nuclear and radiation safety for 2016 to 2030. "The key issue is the deferred liabilities accumulated during the 70 years of the nuclear industry, particularly during the time of the Soviet Union.” In the first FTP since 2008 Rosatom has completed more than was set out then, against a budget of RUR 123 billion. About 73% of the new FTP budget of RUR 562 billion will be for decommissioning commercial reactors, and the withdrawal of buildings and facilities at Mayak Production Association, Siberian Chemical Combine, Angarsk Electrolysis and Chemical Complex and Novosibirsk Chemical Concentrates Plant – facilities once involved in state defence programmes. Nearly 20% of the funding will go on creating the infrastructure required for the processing and final disposal of used nuclear fuel and radioactive waste; 5% on monitoring and ensuring nuclear and radiation safety; and 2% on scientific and technological support. About 70% of the budget is from federal funds, much of the rest from Rosatom. It will be implemented in three 5-year stages, and involves the transition to new used fuel recycling technologies to close the fuel cycle, establishing a final HLW repository, decommissioning of 82 nuclear & radiation hazardous facilities, two nuclear icebreakers and other tasks.

Rosatom and the National Operator for Radioactive Waste Management – FSUE NO RAO – is responsible for coordination and execution of works associated with radwaste management, notably its disposal. This includes military waste. The law establishes time limits for interim radwaste storage and volume limits for waste generators, and defines how they should bring waste in condition suitable for disposal and transfer it to the national operator along with payment of disposal charges. Import and export of radwaste is banned. All newly-generated waste is the responsibility of its generators who will pay for its disposal and storage, with funds accumulated in the SC Rosatom’s bank account as a special fund. However, the 2011 law did not address how to resolve property disputes in siting, nor local authority responsibilities, nor financing mechanisms for affected municipalities. In October 2014 NO RAO submitted to Rosatom proposals for changes in legislation on these matters so that it could proceed with its mandate. In 2015 RUR 6.5 billion will be paid over by various enterprises to Rosatom’s reserved fund for radioactive waste disposal, at rates set in 2013 for the period to 2017.

Rosatom plans to draft two more laws: on decommissioning and used fuel management.

FSUE RosRAO is a Moscow-based Rosatom company providing commercial back-end radwaste and decommissioning services for intermediate- and low-level waste as well as handling non-nuclear radwaste and nuclear decommissioning. It commenced operation in 2009 under a temporary arrangement pending finalisation of regulations under the new legislation, and became part of Rosatom’s Life Cycle Back-End Division (LC BED) in 2013. It incorporates Radon, and now has branches in each of seven federal districts. The Kirovo-Chepetsk branch is responsible for decommissioning that conversion plant with 440,000 tonnes of waste by 2025 at a cost of RUR 2.1 billion.

Naval waste

RosRAO’s Far East Centre for Radioactive Waste Management is DalRAO , near Vladivostok in the Maritime Territory. It has Fokino and Viluchinsk divisions or regions, and operates a long-term open-air storage facility in Razboinik Bay for reactor compartments* from dismantled submarines. The long-term storage facility was under construction from 2006 with Japanese assistance and was commissioned in 2012. It has three nuclear service ships, and the Japanese government donated a floating dock and other equipment to move the reactor compartments. RosRAO plans to have the Regional Center for Conditioning and Long-term Storage of Radioactive Waste (RAW Regional Center) here, mainly for naval waste pending handover to NO RAO. In October 2014 the last spent fuel from dismantled nuclear submarines in the Maritime Territory was dispatched to the Mayak reprocessing plant.

* In 2014 the first three were brought ashore, in 2015 RosRAO planned to move five and then raise the number to ten per year, with a total of 54 three-compartment units to be placed. 

RosRAO's Northwest Centre for Radioactive Waste Management is SevRAO , in the Murmansk region, which is engaged in remediation of the sites which were Navy Northern Fleet bases, and dismantling of retired nuclear-powered naval ships and submarines as well as nuclear service ships at several sites. Andreeva Bay is the main centre of attention today, and international funding is applied to removing its stock of used naval fuel under the Northern Dimension Environmental Partnership ( NDEP ), which was established in 2002 and is supported by many countries and the EU through the European Bank for Reconstruction and Development (EBRD). Its Nuclear Window funds work at Andreeva Bay, dismantling Lepse and the Papa -class submarine at Severodvinsk, with €165 million pledged to mid-2017.

Sayda Bay west of Murmansk was a low-level waste storage site for the navy and has become a regional radioactive waste storage centre as well as a major ship and submarine dismantling centre. After being docked for 24 years at Atomflot’s base near Murmansk, the nuclear service ship Lepse was towed to the Nerpa shipyard in Sayda Bay in 2012 and cut up on a slipway over 2013-16, leaving two problematical sections of the hull. It had served as a floating receptacle for used fuel from Russian icebreakers from 1961 to 1988, and stored damaged fuel from the Lenin . An aft section contained radioactive waste that was sent to the nearby Sayda Bay facility, and a fore section contained 639 used fuel assemblies from icebreakers, many of them badly damaged, were removed over 2019-21 inside a special structure and sent to Mayak. All this is funded internationally under the NDEP.

The old Volodarsky, used as a nuclear service ship from 1966 to 1991 and laden with a lot of low- and intermediate-level radioactive waste, anchored near Murmansk until 2013, was also towed to Sayda Bay, unloaded and then dismantled by the end of 2014. This was funded by the Russian government. Other solid radioactive waste was collected at Andreeva Bay for transport to Sayda Bay for long-term storage. A lot of submarine dismantling was undertaken at Sayda Bay, with many three-compartment reactor units now stored there on land. In August 2021 Rosatom reported that 120 out of 123 decommissioned submarines in the Arctic region had been dismantled.

Gremikha is a current naval base between Murmansk and Archangel where SevRAO is undertaking the defuelling and dismantling of 11 highly-radioactive liquid metal-cooled naval reactors from Alfa -class submarines from 2014 to 2023. After the 50-tonne reactors are removed from the hull segments shipped apparently from Sayda Bay, they are put into a hot cell and then defuelled, with the fuel loaded into containers for transport to Mayak for reprocessing. This work takes about a year for each core. Raising the scuttled K-27 submarine with similar reactors and dismantling it is pending there (see below). 

Andreeva Bay, in Litsa Fjord 55 km from the Norway border, was set up in the 1960s as a naval base for nuclear submarine refuelling. In 1982 a major leak from a used fuel pool caused the contents to be transferred to temporary and poorly engineered dry storage. Most of the used fuel from dismantled Northern Fleet submarines was stored at Andreeva Bay – some 22,000 fuel assemblies from 100 naval reactors. In 1992 Norway signed an agreement to address the nuclear legacy issues of the former Northern Fleet and the decommissioning of the nuclear submarines. Andreeva Bay was transferred to civil management in 1993 as Branch #1 of SevRAO. The strategy for removing used fuel from the original dry storage units was developed from 2002, with funding from the UK. The removal procedure included building an enclosure of the dry storage units, some of which are damaged and leaking, then transferring the fuel to new canisters, which are then put into 40-tonne casks for storage or transport. In May 2014 SevRAO signed a RUR100 million contract with Norway’s Finnmark to upgrade the Andreeva Bay dry storage facility, and this was commissioned in 2017. From 2017 to 2020 about 10,000 fuel assemblies were removed from Andreeva Bay to a storage site outside the Murmansk region for disposal.

Submarine fuel is shipped to Andreeva Bay in the 1620 dwt Rossita . This is a dedicated ship to transport up to 720 tonnes of used nuclear fuel and radioactive waste, and was built for Atomflot in Italy in 2011. The Rossita is primarily for naval waste and fuel from decommissioned submarines, and is used on the Northern Sea Route cruising between Gremikha, Andreeva Bay, Sayda Bay, Severodvinsk and other Russian facilities which dismantle nuclear submarines.  Rossita also moves casks of used submarine fuel from Andreeva Bay to the railhead at the Atomflot base at Murmansk, for transport to Mayak.

A new vessel built in Italy under a 2013 contract, the semi-submersible pontoon dock Itarus , designed to transport three-compartment units of dismantled Russian nuclear submarines for SevRAO in Sayda Bay, was delivered in 2016.

As SevRAO has made good progress, there are plans costed at €123 million to recover seven items of radioactive debris from Arctic waters, where most were dumped in Soviet times, by 2032. This includes submarine reactor compartments and two entire submarines with fuel still in their reactors – K-27 which was scuttled in 1982 in shallow water after major failure in one of its lead-bismuth cooled reactors, and K-159 which sank while under tow to decommissioning in 2003. The majority of the debris is in the eastern bays of the Novaya Zemlya, in the Kara Sea. Some is in the Barents Sea. The total radioactivity of nuclear submarines in both seas is estimated at 37 PBq.

Civil waste

RosRAO is envisaged as an international operator, providing back-end fuel cycle services globally.

The National Operator for Radioactive Waste Management ( NO RAO ) is a federal-state unitary enterprise set up in March 2012 as the national manager of Russia's used nuclear fuel and radioactive waste, including its disposal. It is the national operator for handling all nuclear waste materials and the single organisation authorised to carry out final disposal of radioactive waste, and also other related functions. Its functions and tariffs are set by government, notably the Ministry of Natural Resources. Its branches are at Zheleznogorsk in Krasnoyarsk, Seversk in Tomsk, Dimitrovgrad in Ulyanovsk and (from late 2013) Novouralsk in Sverdlovsk.

NO RAO is planning an underground research laboratory in Nizhnekansky granitoid massif near Krasnoyarsk for study into the feasibility of disposal of solid HLW and solid medium-level long-lived waste. It has called for tenders, with stage 1 to be completed by the end of 2019, and the whole project completed in 2024. See section below on High-level waste disposal, geological repositories .

The System of State Accounting and Control of Nuclear Materials and Radioactive Waste (SSAC RM&RAW) is intended to perform physical inventory testing of nuclear materials and radioactive waste at their locations, and carry out accounting and control of them at the federal, regional and departmental levels. In February 2015 Rosatom introduced an automated system for accounting and control of radwaste from more than 2000 organisations, which is to be fully implemented by the end of the year.

About 32 million cubic metres of radioactive waste is to be disposed of within the framework of NO RAO’s program at a cost of about RUR 307 billion, according to Rosatom. NO RAO’s investment program runs to 2035 and includes capital investment in infrastructure of RUR 158 billion ($4.77 billion). Owners of the radioactive waste needing disposal are to provide 80% of that money, while the remaining 20% is to come from the federal budget. In 2013, 24,000 tonnes of used fuel was reported to be awaiting reprocessing or disposal. Rosatom’s Social Council plays a major role in achieving public acceptance.

Plant 20 at PA Mayak, Ozersk, is understood to be a military plutonium processing facility employing 1900 people. There was a plan to close it down and transfer operations to the Siberian Chemical Combine at Seversk as part of restructuring the nuclear weapons complex, but this was cancelled in March 2010. In 2011 Rostechnadzor said that urgent attention was needed “to the 20 open liquid radioactive waste pools, including decommissioning those at FGUP PA Mayak as containing the highest concentration and amount of liquid radioactive waste.”

Used fuel from Russian-built foreign power and research reactors is repatriated, much of it through the port of Murmansk. Some 70 containers were unloaded and moved south by rail over 2008-2014.

High-level waste disposal, geological repositories

No repository is yet available for high-level waste. Earlier, site selection was proceeding in granite on the Kola Peninsula, and 30 potential disposal sites have been identified in 18 regions, including Siberia, the Urals, the Volga region and the Northwest federal district in order of priority. In 2003 Krasnokamensk in the Chita region 7000 km east of Moscow was suggested as the site for a major spent fuel repository.

Then in 2008 the Nizhnekansky Rock Massif at Zheleznogorsk in Krasnoyarsk Territory was put forward as a site for a national deep geological repository. Rosatom said the terms of reference for the facility construction would be tabled by 2015 to start design activities and set up an underground rock laboratory. Public hearings on the Nizhnekansky Granite Massif were held in July 2012 and in November 2013 it was identified in the Regional Energy Planning Scheme as the planned repository site. In August 2016 the Territorial Planning Scheme to 2030 confirmed the site and approved construction of repository facilities here for 4500 m 3 net of class 1 waste and 155,000 m 3 net of class 2 waste.

The National Operator for Radioactive Waste Management (NO RAO) envisages the establishment of an underground laboratory in the Yeniseysky area near Krasnoyarsk for this waste and then no less than nine years' research. It completed the design documentation for the underground laboratory in March 2015 and expects to begin construction in 2017. A decision on repository construction is due by 2025, and the facility itself is to be completed by 2035. Phase 1 of the facility is to be designed to hold 20,000 tonnes of intermediate- and high-level waste, which will be retrievable.

Low- and intermediate-level waste

These are mostly handled similarly to those in other countries. Radon has been the organisation responsible for medical and industrial radioactive waste. It has had 16 storage sites for waste up to intermediate level. Not far outside Moscow, the major Radon facility has both laboratories and disposal sites. Other near-surface storage facilities were in 2008 planned for Sosnovy Bor, Glazov, Gatchina, Novovoronezh, Kirovo-chepetsky, Murmansk, Sarov, Saratov, Bilibino, Kransokamensk, Zelenogorsk, Seversk, Dimitrovgrad, Angarsk, and Udomlya.

NO RAO is planning to establish repositories for at least 300,000 m 3 of low- and intermediate-level waste (LILW, class 3&4 radioactive waste), and these plans are to be in place by 2018. One facility would be built in each of Russia’s seven federal districts to dispose of these three waste streams. In August 2016 the Territorial Planning Scheme to 2030 approved construction of the following near-surface repository facilities:

  • 100,000 m 3 LILW at Ozersk in Chelyabinsk region for Mayak.
  • 200,000 m 3 LILW at Tomsk/ Seversk for SCC.
  • 48,000 m 3 LILW from Urals Electrochemical Combine at Novouralsk.
  • 50,000 m 3 LILW at Sosnovy Bor in the Leningrad oblast.

In December 2015 NO RAO received a licence to operate the first stage of a repository at Novouralsk. The licence permits the near-surface disposal of solid radioactive waste by its Seversk branch on behalf of the Urals Electrochemical Combine, and the first stage of 15,000 m 3 was opened in December 2016. Construction of the second stage is to start in 2017, taking capacity to 54,000 m 3 . The facility with a total final capacity of 150,000 m 3 is planned to operate until 2035. “The investments in design, operation and care & maintenance of the facility, as well as subsequent monitoring of the environment will be RUR 6 billion (US$820 million), as per preliminary estimates,” according to NO RAO.

NO RAO has received local government approval in the Chelyabinsk and Tomsk regions respectively for the final disposal of low- and intermediate-level waste (LILW) at the sites of Mayak Production Association in Ozersk, and Siberian Chemical Combine (SCC), based in Tomsk. In 2017 NO RAO said it planned a 214,000 m 3 repository near Ozersk, and 150,000 m 3 at Seversk near Tomsk, both to be built by 2021.

However, Russia has also for many years used deep-well injection for low- and intermediate-level waste from some facilities, notably Seversk, Zheleznogorsk and Dimitrovgrad. This is mainly waste from reprocessing. A Central Europe review report in 1999 said that the wells ranged from 300 up to 1500 metres deep, and that Seversk was the main site utilising the method, with 30 million cubic metres injected. This practice has delayed Russian acceptance of an IAEA standard for radioactive waste disposal, since it has no packaging or engineered barriers and relies on the geology alone for safe isolation. The new 2011 Radioactive Waste Management law said: “Underground disposal of liquid radioactive waste may be executed, in accordance with the requirements of federal regulations and rules, inside geological formations (‘collector horizons’) as limited by the bounds of the area allotted, within which liquid radioactive waste must remain localised.”

In July 2013 Rostechnadzor issued five-year licences to the three regional branches of NO RAO, for “activities associated with final disposal of liquid radioactive waste.” In the November 2013 Regional Energy Planning Scheme two active sites for deep geological disposal of liquid radioactive waste (LRW) are identified: Dimitrovgrad, Ulyanovsk oblast, on the NIIAR site 1300 km SE of Moscow, and a northern one: Zheleznogorsk, Krasnoyarsk territory in Siberia, on the MCC site. A preliminary finding of the 2013 IRRS mission from IAEA was that “License conditions related to the safety assessment and safety case of liquid radioactive waste disposal facilities should be revised.” In August 2016 the Territorial Planning Scheme to 2030 approved deep well repository for 50 million m 3 of liquid radioactive waste.

Energospetsmontazh announced in March 2015 that the trial operation of plasma-based processing of radioactive waste had started at Novovoronezh. The system is designed for plasma pyrolysis processing of solid radioactive waste of medium and low activity containing both combustible and non-combustible components.

Kyshtym accident and related pollution

There was a major chemical accident at Mayak Chemical Combine (then known as Chelyabinsk-40) near Kyshtym in Russia in 1957. This plant had been built in haste in the late 1940s for military purposes. The failure of the cooling system for a tank storing many tonnes of dissolved nuclear waste resulted in an explosion due to ammonium nitrate having a force estimated at about 75 tonnes of TNT (310 GJ). Most of the 740-800 PBq of radioactive contamination settled out nearby and contributed to the pollution of the Techa River, but a plume containing 80 PBq of radionuclides spread hundreds of kilometres northeast. The affected area was already very polluted – the Techa River had previously received about 100 PBq of deliberately dumped waste, and Lake Karachay had received some 4000 PBq. This ‘Kyshtym accident’ killed perhaps 200 people and the radioactive plume affected thousands more as it deposited particularly Cs-127 and Sr-90. It is rated as a level 6 ‘serious accident’ on the International Nuclear Event Scale, only surpassed by Chernobyl and Fukushima accidents.

Up to 1951 the Mayak plant had dumped its waste into the Techa River, whose waters ultimately flow into the Ob River and Arctic Ocean. Then they were disposed of into Lake Karachay until at least 1953, when a storage facility for high-level waste was built – the source of the 1957 accident. Finally, a 1967 duststorm picked up a lot of radioactive material from the dry bed of Lake Karachay and deposited it on to the surrounding province. It appears that some radioactive discharges into the Techa River continued, and that in particular between 2001 and 2004, some 30-40 million cubic metres of radioactive effluent was discharged near the reprocessing facility, which “caused radioactive contamination of the environment with the isotope strontium-90.” There is no radiological quantification.

The outcome of these three events made some 26,000 square kilometres the most radioactively-polluted area on Earth by some estimates, comparable with Chernobyl.

Decommissioning

Rostechnadzor oversees a major programme of decommissioning old fuel cycle facilities, financed under the Federal target program on Nuclear and Radiation Safety. The government said it planned to spend some $5 billion to 2015 on decommissioning and waste management. Since 1995 nuclear power plants have contributed to a decommissioning fund.

Several civil reactors are being decommissioned: an experimental 50 MWt LWGR type at Obninsk which started up in 1954 (5 MWe) and was the forerunner of RBMKs, two early and small prototype LWGR (AMB-100 & 200) units – Beloyarsk 1&2 – the Melekess VK-50 prototype BWR, and three larger prototype VVER-440 units at Novovoronezh, a V-210 and V-365 and a V-179. Five were shut down 1981-90 and await dismantling. The fuel has been removed from these and that from Novovoronezh has been shipped to centralised storage in Zheleznogorsk and will be stored there for about ten years before reprocessing. The Beloyarsk fuel is still onsite since reprocessing technology for it is not yet available. The plant is being dismantled, and the site is due to be clear by 2032.

Shutdown Civil Power Reactors

At Novovoronezh 1&2 a decommissioning project with partial dismantling of equipment was largely completed in 2020. The work will take several years, and buildings are likely to be re-used. In particular that portion of the site houses the district heating pumps and equipment, which provides 75% of the heat for the city, and a spare parts store for Rosenergoatom. Novovoronezh 3 was shut down in December 2016 and it will be cannibalised to keep unit 4 (also V-179) operating for up to 60 years.

In 2010 Siberian Chemical Combine (SCC) in collaboration with Rosatom set up the JSC Pilot Demonstration Center for Decommissioning of Uranium-Graphite Reactors (PDC UGR) at SCC site to implement a decommissioning concept for 13 shut-down uranium-graphite production reactors (PUGR) for military plutonium. These are at Mayak Chemical Combine at Ozersk (5), near Kyshtym, at Siberian Chemical Combine, Seversk (5), and at Mining & Chemical Combine, Zheleznogorsk (3). The last plutonium production reactor, ADE-2 at Zheleznogorsk, finally closed for decommissioning in April 2010.* The fuel has been removed from the shut-down reactors and nearly all of it has been reprocessed at Mayak and Seversk. The concept provides for building multiple safety barriers and sealing of shut-down reactors rather than their dismantling, at a cost estimated to be RUR 2 billion (US$ 67 million) each. Entombment is the option selected for EI-2, ADE-4 and ADE-5 reactors. All 13 are expected o be decommissioned by 2030. EI-2, also described as Russia’s first industrial nuclear power station since it produced power as well as military plutonium, operated to the end of 1990 and was decommissioned in 2015. In 2009 SCC won a tender to prepare for decommissioning of the four Bilibino reactors (due to close 2019-21) and two closed ones at Beloyarsk (all LWGRs).

*Russia's plutonium was produced by 13 reactors at three sites: PO Mayak in Ozersk, also known as Chelyabinsk-65 (A, AV-1-3, AI-IR); SKhK – the Siberian Chemical Combine in Seversk, also known as Tomsk-7 (ADE-3,4&5, EI-1, EI-2); and GKhK – the Mining and Chemical Combine in Zheleznogorsk, also known as Krasnoyarsk-26 (AD, ADE-1&2). The five Mayak reactors produced an estimated 31t of weapons-grade plutonium between 1948 and 1990, the five SKhK reactors produced 68t between 1955 and 2008, and the three GKhK reactors produced 46t between 1958 and 2010. Ten of these reactors were shut down between 1987 and 1992, leaving only ADE-2, 4 and 5 until 2008 & 2010. Of four heavy water reactors at Mayak (OK-180, OK-190, OK-190M and LF-2) the first was intended for plutonium production but in fact all were used for producing isotopes and tritium. LF-2 remains in operation.

In January 2014 Rosatom announced that the PDC UGR, having established its credibility and expertise, would cease to be part of SCC and become part of its new End-of-Life (EOL) Management Division, under the Federal Centre for Nuclear and Radiation Safety (FC NRS).

Three nuclear-powered icebreakers have been decommissioned: Lenin , Sibir and Arktika, also the support vessel: Lepse which held some used nuclear fuel from the Arctic fleet. Lepse was taken out of the water in October 2014 for further dismantling at the Nerpa Shipyard in Murmansk. Lenin is being turned into a museum. SevRAO, the northern branch of RosRAO, dismantles nuclear-powered naval vessels at its Sayda Bay site in Murmansk, and Atomflot is considering using it for retired icebreakers.

In 2014 the Angarsk Electrolysis & Chemical Complex (AECC) said that decommissioning of its conversion plant and diffusion enrichment plants would require RUR 20 billion ($500 million). Decommissioning the conversion capacity at Kirovo-Chepetsky Chemical Combine which was shut down in the 1990s is expected to cost RUR 2.1 billion.

Organisation

The State Corporation (SC) Rosatom is a vertically-integrated holding company which took over Russia's nuclear industry in 2007, from the Federal Atomic Energy Agency (FAEA, also known as Rosatom). This had been formed from the Ministry for Atomic Energy (Minatom) in 2004, which had succeeded a Soviet ministry in 1992. The civil parts of the industry, with a history of over 60 years, are consolidated under JSC AtomEnergoProm (AEP).

During 2008 there was a major reorganisation or "privatisation" of nuclear industry entities involving change from Federal State Unitary Enterprises (FSUE) to Joint Stock Companies (JSC), with most or all of the shares held by AtomEnergoProm. By mid August 2008, 38 of 55 civil nuclear FSUEs had been reformed. Some renaming occurred due to new restrictions on the use of "Russia" or derivatives (eg "Ros") in JSC names. In mid 2014 eight of the remaining FSUEs were designated ‘federal nuclear organisation’, including Mayak PA and MCC.

The State Nuclear Energy Corporation Rosatom (as distinct from the earlier Rosatom agency) is a non-profit company set up in 2007 to hold all nuclear assets, including more than 350 companies and organisations, on behalf of the state. In particular, it holds all the shares in the civil holding company AtomEnergoProm (AEP). It took over the functions of the Rosatom agency and works with the Ministries of Industry and Energy (MIE) and of Economic Development and Trade (MEDT) but does not report to any particular ministry. Early in 2012 the government announced that its civil divisions might be privatized, at least to a 49% share in individual entities. The total workforce is over 250,000.

SC Rosatom divisions are:

  • Nuclear weapons complex.
  • Nuclear & radiation safety and waste.
  • Nuclear power – Atomenergoprom, Rosenergoatom.
  • Applied and fundamental science, composite materials.
  • Atomflot – Arctic fleet of seven nuclear icebreakers and one nuclear merchant ship.

AtomEnergoProm (Atomic Energy Power Corporation, AEP) is the single vertically-integrated state holding company for Russia's nuclear power sector, separate from the military complex. It was set up at the end of 2007 to consolidate the civil activities of Rosatom including uranium production, engineering, design, reactor construction, power generation, isotope production and research institutes in its several branches, but not used fuel reprocessing or disposal facilities. It incorporates more than 80 enterprises operating in all areas of the nuclear fuel cycle. The April 2007 Presidential decree establishing it specifies nuclear materials, which may be owned exclusively by the state, lists Russian legal entities allowed to possess nuclear materials and facilities, existing joint stock companies to be incorporated into Atomenergoprom, and lists federal state unitary enterprises to be corporatized first and incorporated into Atomenergoprom at a later stage. Exclusive state ownership of nuclear materials had been seen as a barrier to competitiveness and other Russian corporate entities will now be allowed to hold civil-grade nuclear materials, under state control.

Entities from Atomenergoprom itself down to various third-level subsidiaries will be joint stock companies eventually. Public investment in the bottom level operations is envisaged – the joint venture between Alstom and Atomenergomash to provide large turbines and generators is cited as an example.

JSC AtomEnergoProm's many entities include the following (most are JSCs):

- ARMZ Uranium Holding Co (JSC AtomRedMetZoloto) – uranium production – owns Russian mine assets. - Uranium One Group (U1 Group) – responsible for all foreign uranium mining, 78.4% owned. - Techsnabexport (TENEX) – foreign trade in uranium products and services, with North American subsidiary TENAM. - JSC Enrichment & Conversion Complex. - TVEL – conversion, enrichment and nuclear fuel fabrication. The BREST-300 reactor is being built by TVEL at SCC Seversk, apparently due to the integration of fuel cycle facilities in the project. - ASE Group is Rosatom’s engineering division, accounting for 30% of the global nuclear power plant construction market according to Rosatom. Most foreign projects are ASE's reponsibility. It now incorporates the following entities: - Atomproekt, the new name for VNIPIET (All-Russia Science Research and Design Institute of Power Engineering Technology) which since 2013 incorporates St Petersburg Atomenergoproekt (SPbAEP) – design of nuclear power projects, radiochemical plants and waste facilities. From 2015 this is part of the ASE Group. - Nizhny-Novgorod Atomenergoproekt (NN AEP or NIAEP) – power plant design, from 2012: holding company for ASE. Sometimes then known as NIAEP-ASE, but re-named Atomstroyexport in December 2016. From October 2014 this is the parent company of Moscow JSC Atomenergoproekt (AEP), so the whole entity became the ASE Group (united company NIAEP-ASE-AEP). Then in 2015 Atomproekt was added to it. - Atomstroyexport (ASE) – construction of nuclear plants abroad, merged with NIAEP in 2012. Sometimes known as NIAEP-ASE until re-named Atomstroyexport in December 2016. From the end of 2014, ASE owns all the shares in JSC Atomenergoproekt and 49% of those in NIAEP, taking them over from Atomenergoprom. - Moscow Atomenergoproekt (AEP) – power plant design, became part of NIAEP-ASE. - Energospetsmontazh – construction and assembly, also repair of nuclear plants. - Atomenergomash (AEM) – a group of companies building reactors. - OKBM Afrikantov (formerly just OKBM – Experimental Design Bureau of Machine-building – Mashinostroyeniya) at Nizhny Novgorod- reactor design and construction. - OKB Gidropress (Experimental Design Bureau pressurised water – Hydropress) at Podolsk near Moscow – PWR reactor design. - JSC Rosenergoatom (briefly Energoatom) – responsible for construction and operation of nuclear power generation. - Rusatom Overseas was established in 2011 to promote Russian nuclear technologies in world markets. After restructuring in May 2015, it is divided into two companies served by Rusatom International Network which runs Rosatom's regional offices around the world, supporting the activities of Rosatom's divisions in foreign markets, seeking new business opportunities and promoting Rosatom's products and services abroad. The two companies are:  • JSC Rusatom Energy International , 44% owned by Rosatom and 56% by Atomenergoprom. It manages foreign construction projects and operation of those nuclear power plants as a shareholder in project companies. It is a major shareholder in JSC Akkuyu Nuclear in Turkey and a 34% shareholder in Fennovoima Oy in Finland. The functions of the company include financing, construction on budget and on time, safe and efficient operation of nuclear power plants, and sale of electricity on foreign markets. • JSC Rusatom Overseas Inc , based in Moscow and responsible for promotion of the integrated offer of nuclear power plant construction projects in international markets. Its key tasks are growth of the overseas orders portfolio of Rosatom companies and retaining the leading positions of Russia in global nuclear market. It is to ensure full back-up of the customer nuclear power programmes at all stages of implementation, including financing, training, localisation of supply chain, fuel supply with take-back of used fuel for reprocessing, and decommissioning. - Rusatom Overseas Germany (RAOS Germany) in 2016 will take over the international sales and marketing activities of NUKEM Technologies GmbH in the regions outside of the Western European markets, hence bundling all international marketing activities in the nuclear back-end area and high-temperature reactor fuel with Rusatom Overseas. - Rusatom Service – coordination of servicing nuclear plants abroad, providing “customised solutions for the modernization and operating period extension of VVER-based nuclear power plants”. - Atomenergoremont – maintenance and upgrading of nuclear power plants, - NUKEM Technologies GmbH is active worldwide in management of radioactive waste and spent fuel, and decommissioning of nuclear facilities. NUKEM Technologies Engineering Services GmbH focuses on engineering. Both are wholly-owned subsidiaries of JSC Atomstroyexport, and from 2016 are apparently part of Rusatom Overseas. - Research & Development Institute for Power Engineering (NIKIET) at Moscow – power plant design (originally: submarine power plants) - Central Design Bureau for Marine Engineering (CDBME) of the Russian Shipbuilding Agency – involved in some reactor design. - JSC State Specialised Design Institute (SSDI or GSPI) was a direct subsidiary of Atomenergoprom set up in 1948 for producing plutonium but now designing SMRs.

Electricity:

JSC Rosenergoatom is the only Russian organization primarily acting as a utility operating nuclear power plants. It was established in 1992 and reorganized in 2001 and then in 2008 as an open JSC. From December 2011 JSC Atomenergoprom holds 96% of the shares, and SC Rosatom (which owns Atomenergoprom) holds 4%. Rosenergoatom owns all nuclear power plants, both operating and under construction.

InterRAO UES was formerly a joint venture of Rosenergoatom and RAO UES, the utility which was broken up in mid 2008. It is now 57.3% owned by Rosatom and focused on electricity generation in areas such as Armenia and the Kaliningrad part of Russia, as the country's exporter and importer of electricity. It has 8 GWe of generating plant of its own and plans to increase this to 30 GWe by 2015, with the Baltic nuclear plant at Kaliningrad as an early priority. It heads a group of over 20 companies located in 14 countries, involving 18 GWe of capacity. Inter RAO-WorleyParsons (IRWP, with Inter RAO 51%) was set up in mid 2010 to work on the transfer of power engineering technology into Inter RAO's market and to promote Inter RAO's projects oversees.

Engineering and general designers:

In July 2008 the St Petersburg, Moscow and Nizhny-Novgorod divisions of Atomernergoproekt were converted to joint stock companies, with all shares held by Atomenergoprom. The first two are engineering companies and general designers of nuclear power plants mainly using VVER reactors developed by Gidropress. By the end of 2015 all the following engineering companies had been consolidated into the ASE Group as Rosatom's engineering division.

Atomproekt at St Petersburg was formed from the 2013 merger of St Petersburg Atomenergoproekt (SPbAEP) with the All-Russia Science Research and Design Institute of Integrated Power Engineering Technology – VNIPIET (established in 1933) to create the country’s largest nuclear power plant design and development company. It has a particular focus on fast reactors as well as VVER. The company supports all stages of the nuclear fuel cycle, from a decision to start a nuclear power plant construction project to decommissioning. On completion of the merger in mid-2014 it became Atomproekt. Earlier, SPbAEP worked closely with Atomstroyexport (ASE) on exported plants. Atomproekt is responsible for Leningrad II plant, Beloyarsk, Baltic, and also the Belarus, Tianwan, Hanhikivi and Paks II plants as export projects.

Atomproekt is also much involved in fuel fabrication and radioactive waste management. It is Russia's sole design company for used nuclear fuel storage facilities. It is closely involved with the Proryv project for closed fuel cycle with fast reactors.

Atomenergoproekt (formerly Moscow AEP) established in 1986 is a major general design and engineering company for nuclear power plants. It may also function as general contractor. In October 2014 it became a subsidiary of NIAEP-ASE.

Its version of the AES-2006 evolved to the VVER-TOI, which Rosatom says is planned to be standard for new projects in Russia and worldwide. It is general designer of Novovoronezh II, being built by NIAEP-ASE, Kursk II, Smolensk II as well as Kudankulam in India and Akkuyu in Turkey. It has been responsible for Kursk and Smolensk RBMK plants, Novovoronezh I, Balakovo, and the Zaporozhe, Temelin and Bushehr plants.

NIAEP-ASE:  Nizhny-Novgorod Engineering Company Atomenergoproekt (NIAEP) set up in 1951 is building plants at Rostov (Volgodonsk) and Kalinin. NIAEP in March 2012 was merged with Atomstroyexport (ASE) to bolster the latter's engineering capability. (Earlier it had linked with ASE to utilize some 1980s VVER equipment not required for Bulgaria's proposed Belene plant, and built it at Kalinin.)  NIAEP  became a holding company for JSC ASE, but NIAEP-ASE was being used as acronym to late 2014.

Atomstroyexport  (ASE), established by merger in 1998, emerged from the reorganisation as a closed joint stock company owned by Atomenergoprom (50.2%) and Gazprombank (49.8%, it is 69% owned by Gazprom). Early in 2009 the Atomenergoprom and related equity was increased to 89.3% by additional share issue, leaving Gazprombank with 10.7%. It was responsible for export of nuclear plants to China, Iran, India and Bulgaria. In 2009 German-based Nukem Technologies GmbH, which specialises in decommissioning, waste management and engineering services, became a 100% subsidiary of Atomstroyexport. In 2012 ASE merged with Nizhny-Novgorod Atomenergoproekt (NN AEP or NIAEP) to form NIAEP-ASE.

Rosatom, through NIAEP-ASE, offers both EPC (engineering, procurement, construction) and BOO (build, own, operate) contracts for overseas nuclear power plant projects, the latter involving at least 25% Rosatom equity. Rosatom offers various kinds of project financing, including attraction of strategic and institutional investors and debt financing. Some project finance is covered by international agreements involving either export credits, Russian government credit or the participation of Russian state banks. It says that lending rates can be optimized for nuclear power plant projects, and up to 85% of the finance may be provided by government credit from Russia.

In November 2014 the projects in hand on the company website were: Rostov 3&4, Baltic 1&2, Nizhny Novgorod 1&2, Kursk II, all in Russia, and Kudankulam 1&2, Tianwan 3&4, Akkuyu 1-4, Ostrovets 1&2, Bushehr 1, Ninh Thuan 1&2. In mid-2013 Rooppur in Bangladesh was added (but then removed). It is also building a large (3x400 MWe) gas combined-cycle plant: South Ural/Yuzhnouralskaya GRES-2 units 1&2.

NIAEP (post 2012 merger) has a design institute in Nizhny-Novgorod, project management offices in Nizhny-Novgorod, Moscow and St Petersburg, and 11 representative offices in Europe and Asia to oversee projects.

Titan-2 was a major subcontractor for the Leningrad II construction, and in 2015 it took over as general contractor for units 1&2. It will also be general contractor for Hanhikivi in Finland.

Rusatom Service was set up in October 2011 by Rosenergoatom (51%), Atomenergomash (16%), Gidropress (16%) and Atomtekhenergo (16%). It will undertake maintenance and repair as well as modernization of Russian-design nuclear power plants abroad, applying Russian domestic experience. The company is also to work in the area of technical consultancy, training and retraining of plant personnel. The market is estimated at €1.5 billion per year, rising to €2.5 billion by 2020, including western-design reactors by then.

OTsKS – Rosatom Branch Centre for Capital Construction – was set up in August 2012 to manage its capital investment program in Russia and internationally. It oversees regulatory, technical and legal aspects of capital construction projects, as well as estimating costs and developing schedules. It also provides training for customer-contractors and general contractors such as NIAEP-ASE as well as the personnel of construction companies. Rosatom subsidiary companies had to complete their transition to new rules on planning capital construction projects developed by OTsKS, by the end of 2013. Its main customer is Rosenergoatom which is building about ten units in Russia, with 12 more planned by 2025.

AKME-engineering was established in 2009 to implement the SVBR-100 project at Dimitrovgrad, including design, construction and commercial operation. It is a JV of Rosatom and JSC Irkutskenergo, and is licensed for construction and operation of nuclear plants by Rostechnadzor.

Uralenergostroy in Yekaterinburg is a civil works general contractor responsible for BN-800, BN-1200 and MBIR plants.

The Federal Centre of Nuclear and Radiation Safety ( FC NRS ) is a federal-state unitary enterprise set up in 2007 by Rosatom as part of its End-of-Life (EOL) Management Division. The Pilot Demonstration Center for Decommissioning of Uranium-Graphite Reactors (PDC UGR) is to become part of it, rather than staying with SCC.

The National Operator for Radioactive Waste Management ( NO RAO ) is a federal-state unitary enterprise set up in 2012 responsible for waste management and disposal. It is the National Operator for handling all nuclear waste materials, with functions and tariffs set by government.

FSUE RosRAO provides commercial back-end radwaste and decommissioning services for intermediate- and low-level waste as well as handling non-nuclear radwaste. It commenced operation in 2009 under a temporary arrangement pending finalisation of regulations under the new legislation. It incorporates Radon, which was the organisation responsible for medical and industrial radioactive waste, and now has branches in each of seven federal districts. RosRAO’s Far East Centre (DalRAO) operates long-term storage for over 70 submarine reactor compartments, pending their recycling. Its northern centre is SevRAO, in the Murmansk region, is engaged in remediation of the sites of Navy Northern Fleet bases, and dismantling of retired nuclear-powered naval ships and submarines. RosRAO is envisaged as an international operator. RosRAO became part of Rosatom’s Life Cycle Back-End Division (LC BED) in 2013.

In 2013 Rosatom’s Life Cycle Back-End Division (LC BED) was set up to incorporate entities hitherto the responsibility of FC NRS: the Mining and Chemical Combine (MCC), RosRAO, SPA V.G.Khlopin Radium Institute and Radon. FC NRS will continue involvement with the new division.

FSUE Atomflot is a Rosatom division operating the nuclear powered icebreakers and merchant ship in Arctic waters.

Situation and Crisis Centre of Rosatom was established in 1998 acts as the Operator of the Nuclear Industry System for Prevention and Management of Emergencies. It keeps track of nuclear enterprises and transport of nuclear materials.

SNIIP Systematom is an engineering company for nuclear and radiation safety systems. It will supply the equipment for automated radiation monitoring systems (ARMS) at the Kalinin 1 nuclear unit in Russia and Tianwan 4 in China.

The VI Lenin All-Russian Electrotechnical Institute and its affiliated Experimental Plant were made FSUEs by presidential decree in March 2015, and removed from the Ministry of Education & Science.

Supply chain entities

Atomenergomash (AEM) was set up in 2006 to control the supply chain for major reactor components. After an equity issue in 2009 it was 63.6% owned by AEP, 14.7% by TVEL and 7.6% by Tenex, and 7% by AEM-finance. In 2009 AEM had sales of RUR 16 billion. AEM companies claim to have provided equipment in 13% of nuclear plants worldwide. Rosatom has one of the largest procurement budgets in the Russian economy, with the annual value of its orders totaling more than RUR 1000 billion ($17.8 billion) in recent years. Almost 85,000 companies are registered as suppliers to Rosatom and 70,000 contracts are signed each year by the group.

Supply chain reliability for nuclear procurement is a significant concern for Rosatom, and it is seeking reform from the Federal Antimonopoly Service (FAS), in particular to ensure a credible ability to deliver high quality goods and services on time rather than just accepting the lowest price. Rosatom wants to conduct audit checks of suppliers prior to their participation in competitive bidding procedures, in order to verify that they would actually be able to fulfil the orders on which they bid. Rosatom cited as an example of the need for procurement reform the purchase of circulation pumps and combined valves for the Novovoronezh power plant. The supplier agreed to a schedule, but this stretched to 80 months and the equipment eventually delivered failed safety tests at the plant. A similar situation occurred at the Beloyarsk plant. The costs of such delays to Rosatom far exceed any compensation it can claim from delinquent suppliers.

The former main nuclear fabrication company, Atommash, was established in 1973 at Volgodonsk and went bankrupt in 1995. It was then profoundly restructured and resurrected as EMK-Atommash before becoming part of JSC Energomash, a major diversified engineering company apparently independent of Rosatom/AEP. Atommash largely moved away from nuclear equipment, though Atomenergomash (subsidiary of AEP) was keen to resuscitate it as an alternative heavy equipment supplier to OMZ. In 2009 Atomenergomash was doing due diligence on the Energomash group, with a view to taking a half share in it, "to create competition in the segment of monopoly suppliers of long-lead nuclear equipment.” In October 2014 AEM-Assets, a subsidiary of Rosatom, acquired the production assets and a 100% interest in Energomash LLC (Volgodonsk)-Atommash, the forging company, and Energomash JSC (Volgodonsk)-Atommash, which provides services related to the lease of equipment and immovable property. Atommash was integrated into Rosatom as part of AEM-Technology, and can now produce four complete sets of nuclear island equipment per year. The reactor pressure vessel supplied to Belarus in 2015 was the first it had produced in 30 years. Two reactor pressure vessels for the RITM-200 reactors for Russia’s new icebreaker were also produced in 2015. In 2017 it was building the reactor pressure vessel for the MBIR fast research reactor.

Objedinennye Mashinostroitelnye Zavody (OMZ – Uralmash-Izhora Group) itself is the largest heavy industry company in Russia, and has a wide shareholding. Izhorskiye Zavody, the country's main reactor component supplier, became part of the company in 1999, and Skoda Steel and Skoda JS in Czech Republic joined in 2003. OMZ is expected to produce the forgings for all new domestic AES-2006 model VVER-1200 nuclear reactors (four per year from 2016), plus exports. At present Izhora can produce the heavy forgings required for Russia's VVER-1000 reactors at the rate of two per year, and it is manufacturing components for the first two Leningrad II VVER-1200 units.

The Power Machines Company (JSC Silovye Mashiny Concern, or Silmash) was established in 2000 and brought together a number of older enterprises including Leningradsky Metallichesky Zavod (LMZ), Elektrosila, Turbine Blades Factory, etc. Siemens holds 26% of the stock. Silmash makes steam turbines up to 1200 MWe, including the 1000 MWe turbines for Atomstroyexport projects in China, India and Iran, and has supplied equipment to 57 countries worldwide. It is making 1200 MWe turbine generators for the Leningrad and Novovoronezh II nuclear plants. A significant amount of Power Machines' business is in Asia.

The Russian EnergyMachineBuilding Company (REMCO) was established as a closed joint stock company in Russia in 2008, amalgamating some smaller firms, with half the shares owned by Atomenergomash. It is one of the largest manufacturers of complex heat-exchange equipment for nuclear and thermal power plants, oil and gas industry. Its subsidiaries include JSC Machine-Building Plant ZiO-Podolsk and JSC Engineering Company ZIOMAR.

JSC Machine Building Plant ZiO-Podolsk is one of the largest manufacturers designing and producing equipment for nuclear power and other plants. It has made equipment, including steam generators and heat exchangers, for all nuclear plants in the former USSR. It is increasing capacity to four nuclear equipment sets per year. It appears to be 51% owned by REMCO. It is making the reactor pressure vessel and other main equipment for the BN-800 fast reactor at Beloyarsk as well as steam generators for Novovoronezh, Kalinin 4, Leningrad and Belene.

In April 2007 a joint venture company to manufacture the turbine and generator portions of new nuclear power plants was announced by French engineering group Alstom and JSC Atomenergomash. The 49:51 Alstom-Atomenergomash LLC (AAEM) joint venture, in which both parties would invest EUR 200 million, was established at Podolsk, near Moscow. It includes the technology transfer of Alstom's state of the art Arabelle steam turbine and generator (available up to 1800 MWe) tailored to Russian VVER technology. In 2010 AAEM signed an agreement with Inter RAO-Worley Parsons (IRWP) to establish an engineering consortium to design turbine islands for Russia's VVER reactor-based nuclear power plants. At the same time Alstom signed strategic agreements with major Russian energy companies to jointly provide power generation products and services for Russia's power industry in hydro, nuclear and thermal power generation and electricity transmission. Another agreement, between Alstom Power and Rosatom, details plans to set up a local facility to manufacture Alstom's Arabelle steam turbines for nuclear plants. In 2011 Petrozavodskmash joined the group, and its site is more suitable for shipping large components, so in 2011 the company decided to build its factory for Arabelle manufacture at Petrozavodsk, in Karelia, by 2015 instead of continuing with ZiO-Podolsk near Moscow. First production was expected in 2013 with output reaching three 1200 MWe turbine and generator sets per year in 2016. The Baltic plant will be the first customer, in a RUB 35 billion order, with Russian content about 50%. This will increase to over 70% for subsequent projects.

In September 2007 Mitsubishi Heavy Industries (MHI) signed an agreement with Russia's Ural Turbine Works (UTZ) to manufacture, supply and service gas and steam turbines in the Russian market. Under the agreement, MHI, Japan's biggest machinery maker, will license its manufacturing technologies for large gas turbines and steam turbines to UTZ – part of the Renova Group. The agreement also calls for a joint venture to be established in Russia to provide after-sales service.

Russia has developed several generations of centrifuges for uranium enrichment. Ninth-generation machines are now being deployed, 10th generation ones re being developed, and 11th generation are being designed. The 9th generation units are said to be 1.5 times as efficient as 8th. Overall since 1960, the machine weight, size and power characteristics have remained practically unchanged, but their efficiency was raised more than six-fold, design service life was increased from 3 to 30 years, and the SWU cost was reduced “several times”. Centrifuges for China under a US$ 1 billion contract are manufactured at both Tocmash and Kovrov Mechanical plant, both of which will become part of the Fuel Company being established by TVEL. Russia intends to export its centrifuges to the USA and SE Asia.

For more up to date information on heavy engineering, see paper on Heavy Manufacturing of Power Plants .

Early in 2006 Rosenergoatom set up a subsidiary to supply floating nuclear power plants (BNPPs) ranging in size from 70 to 600 MWe. The plants are designed by OKBM in collaboration with others. The pilot plant, now under construction, is 70 MWe plus heat output and incorporates two KLT-40S reactors based on those in icebreakers.

Regulation and safety

Two main laws govern the use of nuclear power: the Federal Law on the Use of Atomic Energy (November 1995 and Federal Law on Radiation Safety of Populations (January 1996). These are supported by federal laws including those on environmental protection (2002) and the Federal Law on Radioactive Waste Management (2011). The 1996 Federal Law on Radiation Safety of Populations is administered by the Federal Ministry of Health.

Rostekhnadzor   is the regulator, set up (as GAN) in 1992, reporting direct to the President. Because of the links with military programs, a culture of secrecy pervaded the old Soviet nuclear power industry. After the 1986 Chernobyl accident, changes were made and a nuclear safety committee established. The State Committee for Nuclear and Radiation Safety – Gosatomnadzor (GAN) succeeded this in 1992, being responsible for licensing, regulation and operational safety of all facilities, for safety in transport of nuclear materials, and for nuclear materials accounting. Its inspections can result in legal charges against operators. However, on some occasions when it suspended operating licences in the 1990s, Minatom successfully overrode this. In 2004 GAN was incorporated into the Federal Ecological, Technological & Atomic Supervisory Service, Rostechnadzor, which has a very wide environmental and safety mandate. It has executive authority for development and implementation of public policy and legal regulation in the environmental field, as well as in the field of technological and nuclear supervision. It controls and supervises natural resources development, industrial safety, nuclear safety (except for weapons), safety of electrical networks, hydraulic structures and industrial explosives. It licences nuclear energy facilities, and supervises nuclear and radiation safety of nuclear and radiologically hazardous installations, including supervision of nuclear materials accounting, control and physical protection.  A 2011 overview is on IAEA website.

Safety has evidently been improving at Russian nuclear power plants. In 1993 there were 29 incidents rating level 1 and higher on the INES scale, in 1994 there were nine, and since then to 2003, no more than four. Also, up until 2001 many employees received annual radiation doses of over 20 mSv, but since 2002 very few have done so.

In 2008 Rostechnadzor was transferred to the Ministry of Natural Resources and the Environment, but this was reversed in mid 2010 and it was brought back under direct control of the government and focused on civil nuclear energy. Following other changes in federal legislation, an IAEA Integrated Regulatory Review Service (IRRS) mission in 2013 said that Rostechnadzor had made "significant progress" in its development since 2009 and had “become an effective independent regulator with a professional staff”. Rostechnadzor undertook to make the final IRRS report early in 2014 public.

Glavgosexpertiza , the Russian State Expert Examination Board, is the authority responsible for appraising design documentation and engineering services on behalf of the Ministry of Construction of Russia. Glavgosexpertiza ensures compliance of all major infrastructure construction projects with national technical regulations and statutory requirements. 

Rosprirodnadzor , the Federal Service for Supervision of Natural Resources needs to give environmental approval to new projects, through its State Environmental Commission.

Exports: fuel cycle

Soviet exports of enrichment services began in 1973, and Russia has strongly continued this, along with exports of radioisotopes. After 1990, uranium exports began, through Techsnabexport (Tenex). At 2015 Atomexpo it was announced that at the start of the year Rosatom’s foreign portfolio totaled US$ 101.4 billion, of which $66 billion was reactors, $21.8 billion was the contracted sales of EUP and SWU, and the remaining $13.6 billion was attributable to the sales of fabricated fuel assemblies and uranium. Rosatom’s goal is to gain half its revenue from exported goods and services.

Tenex expects to increase its share in the global market for front-end fuel cycle services to 40% by 2030, assisted by offering an ‘integrated product’ covering the entire nuclear fuel cycle, and to contribute up to half of Rosatom’s foreign currency revenue. Tenex revenue in 2014 was over $2.2 billion, and forward orders totalled almost $23 billion, including almost $6 billion in over 20 contracts with US utilities for enriched uranium product. Tenex sees the Asia-Pacific market as a growth area, using a new transport route through Vostochny Seaport, Primorye Territory.

In 2009 Tenex signed long-term enrichment services contacts with three US utilities – AmerenUE, Luminant and Pacific Gas & Electric – and one in Japan – Chubu. The contracts cover supply from 2014 to 2020. Then it contracted to supply enriched uranium product over the same period with Exelon, the largest US nuclear utility. By the end of 2010, the value of contracts with US companies rose to about $4 billion, beyond the diluted ex-military uranium already being supplied to 2013 from Russian weapons stockpiles. In 2012, Tenex supplied about 45% of world demand for enrichment services and 17% of that for fabricated fuel. It exported fuel for 34 reactors as well as supplying 33 Russian ones.

This US-Russian "Megatonnes to Megawatts" program supplies about 15% of world reactor requirements for enriched uranum and is part of a US$ 12 billion deal in 1994 between US and Russian governments, with a non-proliferation as well as commercial rationale. USEC and Tenex are the executive agents for the program. However, Rosatom confirmed in mid 2006 that no follow-on program of selling Russian high-enriched uranium from military stockpiles was anticipated once this program concludes in 2013. The 20-year program is equivalent to about 140,000 to 150,000 tonnes of natural uranium, and has supplied about half of US needs. By September 2010 it was 80% complete.

TVEL in 2010 won a tender to construct a fuel manufacturing plant in Ukraine, against competition from US company Westinghouse. Russia's long-term contract to supply fuel to the Ukrainian market is set to run until the end of the useful life of existing Ukrainian reactors, perhaps up to 35 years.

TVEL in 2014 secured contracts with foreign partners that exceeded $3 billion, keeping its ten-year order book at more than $10 billion. Contracts were signed with Finland, Hungary and Slovakia, as well as for research reactors in the Czech Republic, the Netherlands and Uzbekistan. TVEL said it has 17% of the global nuclear fuel supply market.

Rosatom has claimed to be able to undercut world prices for nuclear fuel and services by some 30%.

It was also pushing ahead with plans to store and probably reprocess foreign spent fuel, and earlier the Russian parliament overwhelmingly supported a change in legislation to allow this. The proposal involved some 10% of the world's spent fuel over ten years, or perhaps up to 20,000 tonnes of spent fuel, to raise US$ 20 billion, two thirds of which would be invested in expanding civil nuclear power. In July 2001 President Putin signed into effect three laws including one to allow this import of spent nuclear fuel (essentially an export of services, since Russia would be paid for it).

The President also set up a special commission to approve and oversee any spent fuel accepted, with five members each from the Duma, the Council, the government and presidential nominees, chaired by Dr Zhores Alferov, a parliamentarian, Vice-President of the Russian Academy of Sciences and Nobel Prize physicist. This scheme was progressed in 2005 when the Duma ratified the Vienna Convention on civil liability for nuclear damage. However in July 2006 Rosatom announced it would not proceed with taking any foreign-origin used fuel, and the whole scheme lapsed.

Exports: general, plants and projects

Russia is engaged with international markets in nuclear technology, well beyond its traditional eastern European client states. An important step up in this activity was in August 2011 when Rosatom established Rusatom Overseas company, with authorized capital of RUR 1 billion. In mid-2015 it was split into JSC Rusatom Overseas Inc. and JSC Rusatom Energy International .

Rusatom Overseas Inc  is responsible for implementing non fuel-cycle projects in foreign markets, though apparently it also promotes products, services and technologies of the Russian nuclear industry generally to the world markets. According to Rosatom, "Rusatom Overseas acts as an integrator of Rosatom's complex solutions in nuclear energy, manages the promotion of the integrated offer and the development of Russian nuclear business abroad, as well as working to create a worldwide network of Rosatom marketing offices." Rusatom Overseas planned to open some 20 offices around the world by 2015, as a market research front and shop window for all Rosatom products and services.

Rusatom Energy International acts "as a developer of Rosatom's foreign projects, which are implemented with the build-own-operate (BOO) structure" and is a shareholder in those project companies. One of the first projects that Rosatom is implementing using the BOO structure is the Akkuyu plant in Turkey. A second project is Hanhikivi in Finland.

At 2015 Atomexpo it was announced that at the start of the year Rosatom’s foreign portfolio totaled US$ 101.4 billion, of which $66 billion was reactors, $21.8 billion was the contracted sales of EUP and SWU, and the remaining $13.6 billion was attributable to the sales of fabricated fuel assemblies and uranium. The total at the end of 2015 was over $110 billion, and export revenues in 2015 were $6.4 billion, up 20% from 2014. Rosatom’s goal is to gain half its revenue from exported goods and services. Its long-term strategy, approved by its board in late 2011, calls for foreign operations to account for half of its business by 2030. It aims to hold at least one-third of the global enrichment services market by then, as well as 5% of the market for pressurized water reactor (PWR) fuel. The corporation said that it is "actively strengthening its position abroad for the construction of nuclear power plants." In April 2015 Rosatom said that it had contracts for 19 nuclear plants in nine countries, including those under construction (5). In September 2015 it said it had orders for 30 nuclear power reactors in 12 countries, at about $5 billion each to construct, and it was negotiating for 10 more. It said that the total value of all export orders was $300 billion. It aims to have orders for the construction of some 30 power reactors outside of Russia by 2030.

Atomstroyexport (ASE, now NIAEP-ASE) has had three reactor construction projects abroad, all involving VVER-1000 units. It is embarking upon and seeking more, as detailed in Nuclear Power in Russia companion paper, final section on Exports of Nuclear Reactors.

Since 2006 Rosatom has actively pursued nuclear cooperation deals in South Africa, Namibia, Chile and Morocco as well as with Egypt, Algeria, Jordan, Vietnam, Bangladesh and Kuwait. In 2012 an agreement with Japan was concluded.

Tenex has also entered agreements (now taken over by ARMZ) to mine and explore for uranium in South Africa (with local companies) and Canada (with Cameco).

In September 2008 ARMZ signed a MOU with a South Korean consortium headed by Kepco on strategic cooperation in developing uranium projects. This included joint exploration, mining and sales of natural uranium in the Russian Federation and possibly beyond, but no more has been heard of it.

International collaboration

Russia is engaged with international markets in nuclear energy, well beyond its traditional eastern European client states. In June 2011 Rosatom announced that it was establishing Rusatom Overseas company, a new structure to be responsible for implementing non fuel-cycle projects in foreign markets. It could act as principal contractor and also owner of foreign nuclear capacity under build-own-operate (BOO) arrangements. It is vigorously pursing markets in developing countries and is establishing eight offices abroad.

President Putin's Global Nuclear Infrastructure Initiative was announced early in 2006. This is in line with the International Atomic Energy Agency (IAEA) 2005 proposal for Multilateral Approaches to the Nuclear Fuel Cycle (MNA) and with the US Global Nuclear Energy Partnership (GNEP). The head of Rosatom said that he envisages Russia hosting four types of international nuclear fuel cycle service centres (INFCCs) as joint ventures financed by other countries. These would be secure and maybe under IAEA control. The first is an International Uranium Enrichment Centre (IUEC) – one of four or five proposed worldwide (see separate section). The second would be for reprocessing and storage of used nuclear fuel. The third would deal with training and certification of personnel, especially for emerging nuclear states. In this context there is a need for harmonized international standards, uniform safeguards and joint international centers. The fourth would be for R&D and to integrate new scientific achievements.

In March 2008 AtomEnergoProm signed a general framework agreement with Japan's Toshiba Corporation to explore collaboration in the civil nuclear power business. The Toshiba partnership is expected to include cooperation in areas including design and engineering for new nuclear power plants, manufacturing and maintenance of large equipment, and "front-end civilian nuclear fuel cycle business". In particular the construction of an advanced Russian centrifuge enrichment plant in Japan is envisaged, also possibly one in the USA. The companies say that the "complementary relations" could lead to the establishment of a strategic partnership. Toshiba owns 77% of US reactor builder Westinghouse and is also involved with other reactor technology.

Regarding reactor design, Rosatom has said it is keen to be involved in international projects for Generation IV reactor development and is keen to have international participation in fast neutron reactor development, as well as joint proposals for MOX fuel fabrication.

In April 2007 Red Star, a government-owned design bureau, and US company Thorium Power (now Lightbridge Corporation) agreed to collaborate on testing Lightbridge's seed and blanket fuel assemblies at the Kurchatov Institute with a view to using thorium-plutonium fuel in VVER-1000 reactors, partly in order to dispose of surplus military plutonium (see information papers on Fuel Fabrication and Military Warheads as a Source of Nuclear Fuel for details).

In 2006 the former working relationship with Kazakhstan in nuclear fuel supplies was rebuilt. Kazatomprom has agreed to a major long-term program of strategic cooperation with Russia in uranium and nuclear fuel supply, as well as development of small reactors, effectively reuniting the two countries' interests in future exports of nuclear fuel to China, Japan, Korea, the USA and Western Europe.

In June 2010 Rosatom signed a major framework agreement with the French Atomic Energy Commission (CEA) covering "nuclear energy development strategy, nuclear fuel cycle, development of next-generation reactors, future gas coolant reactor systems, radiation safety and nuclear material safety, prevention and emergency measures." Much of the collaboration will be focused on reprocessing and waste, also sodium-cooled fast reactors. Subsequently EdF and Rosatom signed a further cooperation agreement covering R&D, nuclear fuel, and nuclear power plants - both existing and under construction.

In March 2007 Russia signed a cooperation declaration with the OECD's Nuclear Energy Agency (NEA), so that Russia became a regular observer in all NEA standing technical committees, bringing it much more into the mainstream of world nuclear industry development. Russia had been participating for some years in the NEA's work on reactor safety and nuclear regulation and is hosting an NEA project on reactor vessel melt-through. This agreement was expected to assist Russia's integration into the OECD, and in October 2011 Russia made an official request to join the NEA. It was accepted as the 31st member of the OECD NEA in May 2012, effective from January 2013. Russia will be represented by its Ministry of Foreign Affairs, Rosatom, and nuclear regulator Rostechnadzor.

Over two decades to about 2010 a Russian-US coordinating committee* was discussing building a GT-MHR prototype at Seversk, primarily for weapons plutonium disposition. Today OKBM is responsible to collaboration with China on HTR development, though NIIAR and Kurchatov Institute are also involved.

* involving SC Rosatom, NIIAR, OKBM, RRC Kurchatov Institute and VNIINM on the Russian side and NNSA, General Atomics, Oak Ridge National Laboratory on the US side.

Research & development

In mid-2009 the Russian government said that it would provide more than RUR 120 billion (about US$3.89 billion) over 2010 to 2012 for a new program devoted to R&D on the next generation of nuclear power plants. It identified three priorities for the nuclear industry: improving the performance of light water reactors over the next two or three years, developing a closed fuel cycle based on deployment of fast reactors in the medium term, and developing nuclear fusion over the long term. Rosatom said that its 2014 spending on R&D would amount to RUR 27-28 billion (US$ 528 million), about 4.5% of its revenue. In 2013 it spent RUR 24 billion, and in 2012 RUR 22.7 billion on R&D. In 2015 Rosatom said that it invested 5% of its revenues in R&D “to reinforce our technological leadership.”

Many research reactors were constructed in the 1950s and 60s. In 2015, 52 non-military research and test reactors were operational in Russia, plus about three in former Soviet republics and eight Russian ones elsewhere. Most of these use ceramic fuel enriched to 36% or 90% U-235. Overall over 130 research reactors have been built based on Russian technology. MBIR is now under construction at Dimitrovgrad.

Kurchatov Institute

Russia has had substantial R&D on nuclear power for seven decades. The premier establishment for this is the Russian Research Centre Kurchatov Institute in Moscow, set up 1943 as the Laboratory No. 2 of the Soviet Academy of Sciences. In 2010 it joined the Skolkovo project, an R&D centre set up to rival Silicon Valley in the USA, and became a Federal State Unitary Enterprise. It has run twelve research reactors there, six of which are now shut down. The 24 kW F-1 research reactor was started up in December 1946 and has passed its 70th anniversary in operation. The largest reactor is IR-8, of 8 MWt, a high-flux unit used for isotope production.

The Kurchatov Institute has designed nuclear reactors for marine and space applications, and continues research on HTRs. Since 1995 it has been involved internationally with accounting, control and physical protection of nuclear materials. US Lightbridge Corporation's seed and blanket fuel assemblies are being tested there with a view to using thorium-based fuel in VVER-1000 reactors.

Kurchatov’s Molten Salt Actinide Recycler and Transmuter (MOSART) is fuelled only by transuranic fluorides from uranium and MOX LWR used fuel, without U or Th support. The 2400 MWt reactor has a homogeneous core of Li-Na-Be or Li-Be fluorides without graphite moderator and has reduced reprocessing compared with the original US design. Thorium may also be used, though MOSART is described as a burner-converter rather than a breeder.

Since 1955 the Institute has hosted the main experimental work on plasma physics and nuclear fusion, and the first tokamak systems were developed there. Since 1990, much of its funding comes from international cooperation and commercial projects.

Petersburg Nuclear Physics Institute (PNPI)

The Petersburg Nuclear Physics Institute ( PNPI ) is near St Petersburg but part of the Kurchatov Institute. It was formerly the B.P. Konstantinov Petersburg Nuclear Physics Institute (PIYaF). In 1959 the 18 MWt WWR-M high-flux research reactor was put into operation, and in 1970 the 1 GeV proton synchrocyclotron SC-1000 started up, these continue in operation.

A 100 MWt high-flux reactor with 25 associated research facilities, PIK , achieved criticality in 2011 at Gatchina but further major work led to its launch at 100 kW in 2019. It uses 27 kg of 90% enriched uranium fuel, tenders for which were called in 2020. PIK is the most powerful high-flux research beam reactor in Russia and is planned to be the basis for the International Centre for Neutron Research. In October 2020 Glavgosexpertiza approved a project for the modernisation of the PIK reactor, and a further launch was announced in February 2021.

The Institute for High Energy Physics and the Institute of Theoretical and Experimental Physics are also part of the Kurchatov Institute, as are the 'Prometheus' Central Research Institute of Structural Materials and the Research Institute of Chemical Reagents and High Purity Chemicals, which were previously part of the Ministry of Education and Science.

Research Institute of Atomic Reactors (RIAR/NIIAR)

Russia's State Scientific Centre – Research Institute of Atomic Reactors ( RIAR , or NIIAR) – said to be the biggest nuclear research centre in Russia, is in Dimitrovgrad (Melekess), in Ulyanovsk county 1300 km SE of Moscow. It was founded in 1956 to host both research and experimental reactors, and it researches fuel cycle, radiochemicals and radioactive waste management, as well as producing radionuclides for medicine and industry. It hosts the main R&D on electrometallurgical pyroprocessing, especially for fast reactors, and associated vibropacked fuel technology for these.

RIAR/NIIAR has the largest materials study laboratory in Eurasia, used particularly for irradiated fuel.* The complex's major future role will be in fuel reprocessing. The initial fuel for MBIR is likely to be from reprocessed BOR-60 fuel, as also intended for SVBR-100. In 2014 construction of a new multifunctional radiochemical research centre for closed fuel cycles for fast reactors commenced as part of the revised federal target programme for 2010-2015 and until 2020. Fuel research at RIAR already includes integration of minor actinides into FNR closed fuel cycle, nitride fuel (both mononitride and U-Pu nitride), metallic fuel (U-Pu-Zr, U-Al, U-Be) and RBMK spent fuel conditioning. It also is working on molten salt fuel – reprocessing and minor actinide behaviour, though Kurchatov Institute seems to be the main locus of MSR research.

* In 2010 TerraPower from the USA proposed that RIAR should carry out in-pile tests and post-irradiation examinations of structural materials and fuel specimens planned for its travelling-wave reactor. A final agreement was expected in November, but apparently did not eventuate.

RIAR's first research reactor – SM – has been running since 1961 and now produces radioisotopes and does materials testing. It is a 100 MWt very high-flux water-cooled pressure vessel-type reactor originally using 90% enriched fuel with a neutron trap that operates in the intermediate neutron spectrum. It has been modernised several times and as SM-3 it was recommissioned in 1993. In 2020 it again had a new core. It is expected to operate until 2040. 

The MIR-MR  loop-type reactor commissioned in 1967 is used for testing fuels in runs up to 40 days at up to 100 MWt. It has been important in developing fuel rod designs for power and naval reactors. It is testing the first batch of REMIX fuel and also accident-tolerant fuel (ATF). It has a beryllium moderator and uses 90% enriched fuel. It was due to be retired in 2020.

The small pool-type reactors RBT-6 & RBT-10/2 commissioned in 1975 and 1984 are used for long-term experiments and use the spent fuel assemblies from SM. They are 6 & 7 MWt respectively. 

As well as three other research reactors, the BOR-60 * experimental fast reactor is operated here by RIAR – the world’s only operating fast research reactor. It started up in 1969 and is to be replaced with the  MBIR , with four times the irradiation capacity.

* BOR = bystry opytniy reaktor. BOR-60 was licensed to 2015 but was extended to December 2020.

The multi-purpose fast neutron research reactor – MBIR* – will be a 150 MWt multi-loop reactor capable of testing lead or lead-bismuth and gas coolants as well as sodium, simultaneously in three parallel outside loops. Initially it will have sodium coolant. It will run on vibropacked MOX fuel with plutonium content of 38%, produced at RIAR in existing facilities. A 24% Pu fuel may also be used. RIAR intends to set up an on-site closed fuel cycle for it, using pyrochemical reprocessing it has developed at pilot scale. MBIR’s cost was estimated at RUR 40 billion in 2015. Rostechnadzor granted a site licence to RIAR in August 2014, and a construction licence in May 2015. Construction started in September 2015. Completion was expected in 2020, but the project was paused after starting construction. In November 2020 Rosatom appointed a new contractor, AO Institut Orgenergostroy, and construction resumed, with commissioning expected in 2028. The reactor pressure vessel is being made by Atommash at Volgodonsk.

* MBIR = mnogotselevoy issledovatilskiy reaktor na bystrych neytronach.

Russia's only boiling water reactor, the prototype VK-50 of 200 MWt was commissioned in 1964 and was due to be retired in 2020.

Rosatom is setting up an International Research Centre (IRC) based on MBIR and is inviting international participation in connection with the IAEA INPRO programme. In June 2013 an agreement with France and the USA was signed to this end. In April 2017 Rosatom was soliciting Japanese involvement. The full MBIR research complex is now budgeted at $1 billion, with the Russian budget already having provided $300 million from the federal target programme. Pre-construction shares of 1% were being offered for $10 million, allowing involvement in detailed design of irradiation facilities. From 2020 the fee would rise to $36 million per 1% share. RIAR will be the legal owner of MBIR, performing operational and administrative functions, while the International Research Centre will be the legal entity responsible for marketing and research management. In May 2017 Rosatom announced that the multifunctional radiochemical research facility under construction at RIAR would be included in the IRC, to be used for testing technologies to close the fast reactor fuel cycle.

The first 100 MWe Lead-Bismuth Fast Reactor (SVBR) from Gidropress was to be built at RIAR, but the project was dropped in 2018. It was designed to use a wide variety of fuels, though the demonstration unit would initially have used uranium enriched to 16.3%. With U-Pu MOX fuel it would operate in closed cycle. It was described by Gidropress as a multi-function reactor, for power, heat or desalination.

RIAR has established a joint venture with JSC Izotop – Izotop-NIIAR – to produce Mo-99 at Dimitrovgrad from 2010, using newly-installed German equipment. This aimed to capture 20% of the world market for Mo-99 by 2012, and 40% subsequently. In September 2010 JSC Isotop signed a framework agreement with Canada-based MDS Nordion to explore commercial opportunities outside Russia on the basis of this JV, initially over ten years.

Institute of Physics and Power Engineering (FEI/IPPE)

In 1954 the world's first nuclear powered electricity generator began operation in the then closed city of Obninsk at the Institute of Physics and Power Engineering (FEI or IPPE). The AM-1* reactor is water-cooled and graphite-moderated, with a design capacity of 30 MWt or 5 MWe. It was similar in principle to the plutonium production reactors in the closed military cities and served as a prototype for other graphite channel reactor designs including the Chernobyl-type RBMK** reactors. AM-1 produced electricity until 1959 and was used until 2000 as a research facility and for the production of isotopes. FEI also bid to host the MBIR project.

* AM = atom mirny – peaceful atom

** RBMK = reaktor bolshoi moshchnosty kanalny – high power channel reactor

In the 1950s the FEI at Obninsk was also developing fast breeder reactors (FBRs), and in 1955 the BR-1* fast neutron reactor began operating. It produced no power but led directly to the BR-5 which started up in 1959 with a capacity of 5 MWt which was used to do the basic research necessary for designing sodium-cooled FBRs. It was upgraded and modernised in 1973 and then underwent major reconstruction in 1983 to become the BR-10 with a capacity of 8 MWt which is now used to investigate fuel endurance, to study materials and to produce radioisotopes.

* BN = bystry reaktor – fast reactor

Research & Development Institute for Power Engineering (NIKIET)

NIKIET in Moscow is one of Russia’s major nuclear design and research centres with a primary focus on advanced reactor technologies including those for regional power supplies, research and isotope production reactors, and neutronic systems for the international fusion reactor (ITER). 

NIKIET is at concept development stage with a seabed reactor module – SHELF – a 6 MWe, 28 MWt remotely-operated PWR with low-enriched fuel of UO 2 in aluminium alloy matrix. Fuel cycle is 56 months. The SHELF module uses an integral reactor with forced and natural circulation in the primary circuit, in which the core, steam generator, motor-driven circulation pump and control and protection system drive are housed in a cylindrical pressure vessel. The reactor and turbogenerator are in a cylindrical pod about 15 m long and 8 m diameter, sitting on the sea bed. It is intended as electricity supply for oil and gas developments in Arctic seas. In 2018 NIKIET also proposed its use for the RUR 100 billion Pavlovsky lead-zinc mine project in northern Novaya Zemlya.

In 2010 the government was to allocate RUR 500 million (about US$ 170 million) of federal funds to design a space nuclear propulsion and generation installation in the megawatt power range. In particular, SC Rosatom was to get RUR 430 million and Roskosmos (Russian Federal Space Agency) RUR 70 million to develop it. The work would be undertaken by (NIKIET) in Moscow, based on previous developments including those of nuclear rocket engines. A conceptual design was expected in 2011, with the basic design documentation and engineering design to follow in 2012. Tests were planned for 2018.

Since 2010 NIKIET is also involved with Luch Scientific Production Association (SPA Luch) and a Belarus organization, the Joint Institute for Power Engineering and Nuclear Research (Sosny), to design a small transportable nuclear reactor. The project draws on Sosny’s experience in designing the Pamir-630D truck-mounted small nuclear reactor, two of which were built in Belarus from 1976 during the Soviet era. This was a 5000 kWt/630 kWe HTR reactor using 45% enriched fuel in rods with zirconium hydride moderator and driving a gas turbine with dinitrogen tetroxide (N 2 O 4 ) through the Brayton cycle. After some operational experience in 1985-86 the Pamir project was scrapped. The new design will be a similar HTR concept but about 2 MWe.

Joint Institute for Nuclear Research

The Joint Institute for Nuclear Research, at Dubna near Moscow, is an international physics research centre with 18 member states and six associate members. It has the IBR-2M fast periodic pulsed reactor of 2 MWt, commissioned in 1984 and modernised in 2010 with higher neutron flux. It uses plutonium oxide fuel. 

Mining & Chemical Combine (MCC)

At the Mining & Chemical Combine (MCC), Zheleznogorsk the ADE2 reactor was the third nuclear reactor of its kind built in Russia and came on line in 1964, primarily as a plutonium production unit. However, from 1995 heat and electricity production became its main purposes. The ADE-2 operating experience contributed to technological measures to justify and extend service lives of RBMK reactors at nuclear power plants, with considerable economic benefit and safety improvement. This work was given a governmental science and technology award in 2009. ADE2 was closed for final decommissioning in April 2010 after "46 years of nearly faultless operation".

MCC Zheleznogorsk also produces granulated MOX for vibropacked FNR fuel, using both military and civil plutonium.

Other R&D establishments

PA Mayak  at Ozersk is the main production centre for radioisotopes.

The Institute for Reactor Materials  (IRM) is at Zarechny, near Beloyarsk, Penza oblast.

TVEL's A.A. Bochvar High Technology Research Institute of Inorganic Materials ( VNIINM ) at Mayak supplies components for fast reactor fuel assemblies. It earlier developed the technology for reprocessing spent uranium-beryllium fuel from liquid metal-cooled fast reactors in dismantled Alpha-class nuclear submarines.

The All-Russian Scientific and Research Institute for Nuclear Power Plant Operation ( VNIIAES ) in Moscow was founded in 1979 to provide scientific and technical support for operation of nuclear power plants aimed at improving their safety, reliability and efficiency as well as scientific coordination of the setup of mass-constructed nuclear power facilities.

In 2009 the Moscow Engineering and Physics Institute (MEPhI) was renamed the National Research Nuclear University and reformed to incorporate a number of other educational establishments. While partly funded by Rosatom, it is the responsibility of the Federal Education Agency (Rosobrazovaniye).

Public opinion

An April 2008 survey carried out by the Levada Centre found that 72% of Russians were in favour of at least preserving the country's nuclear power capacity and 41% thought that nuclear was the only alternative to oil and gas as they deplete. Over half said that they were indignant about Soviet attempts to cover up news of the Chernobyl accident in 1986.

In April 2010 the Levada Centre polled 1600 adults and found that 37% supported current levels of nuclear power, 37% favoured its active development (making 74% positive), while 10% would like a phase-out and 4.3% would prefer to abandon it completely. 42.6% saw no alternative to nuclear power for replacing depleting oil and gas.

Immediately after the Fukushima accident in 2011 Levada had only 22% for active development, 30% maintaining current level (ie 52% positive), 27% wanting a phase-out and 12% wanting to abandon it.

In February 2012 a Levada Centre poll showed that 29% of respondents favoured active development of nuclear power, while 37% support retaining it at the current level, so 66% positive. Only 15% of suggested phasing it out, and 7% preferred abandoning nuclear.

The Russian Public Opinion Research Center (VCIOM) took a poll in April 2012 on the anniversary of the Chernobyl accident. It found that 27% of Russians support nuclear power development – up from 16% in 2011, 38 % agree with the present level, and 26% want to reduce it. Nuclear development is supported by young (32%), highly-educated Russians (31%), residents of cities with a population of one million and more, large cities and towns (30-33%). Regarding safety, 35% consider plants of be sufficiently safe, and 57% don’t.

In 2015 a poll commissioned by Rosenergoatom found that a clear majority of citizens living near nuclear power plants were in favour of them, and that support had grown since 2013. Most figures for the local plants were more than 70% favourable, and for nuclear power development they were above 80%.

Non-proliferation

Russia is a nuclear weapons state, and a depository state of the Nuclear Non-Proliferation Treaty (NPT) under which a safeguards agreement has been in force since 1985. The Additional Protocol was ratified in 2007. However, Russia takes the view that voluntary application of IAEA safeguards are not meaningful for a nuclear weapons state and so they are not generally applied. One exception is the BN-600 Beloyarsk-3 reactor which is safeguarded so as to give experience of such units to IAEA inspectors.

However, this policy is modified in respect to some uranium imports. All facilities where imported uranium under certain bilateral treaties goes must be on the list of those eligible and open to international inspection, and this overrides the voluntary aspect of voluntary offer agreements. It includes conversion plants, enrichment, fuel fabrication and nuclear power plants. Also the IUEC at Angarsk will be open to inspection.

Russia undertook nuclear weapons tests from 1949 to 1990.

Russia's last plutonium production reactor which started up in 1964 was finally closed down in April 2010 - delayed because it also provided district heating, and replacement plant for this was ready until then. The reactor may be held in reserve for heating, not dismantled. The other two such production reactors were closed in 2008. All three closures are in accordance with a 2003 US-Russia agreement.

Peaceful Nuclear Explosions

The Soviet Union also used 116 nuclear explosions (81 in Russia) for geological research, creating underground gas storage, boosting oil and gas production and excavating reservoirs and canals. Most were in the 3-10 kiloton range and all occurred 1965-88.

Background: Soviet nuclear culture

In the 1950s and 1960s Russia seemed to be taking impressive steps to contest world leadership in civil development of nuclear energy. It had developed two major reactor designs, one from military plutonium production technology (the light water cooled graphite moderated reactor – RBMK), and one from naval propulsion units, very much as in USA (the VVER series - pressurised, water cooled and moderated). An ambitious plant, Atommash, to mass produce the latter design was taking shape near Volgodonsk, construction of numerous nuclear plants was in hand and the country had many skilled nuclear engineers.

But a technological arrogance developed, in the context of an impatient Soviet establishment. Then Atommash sunk into the Volga sediments, Chernobyl tragically vindicated western reactor design criteria, and the political structure which was not up to the task of safely utilising such technology fell apart. Atommash had been set up to produce eight sets of nuclear plant equipment each year (reactor pressure vessels, steam generators, refueling machines, pressurizers, service machinery – a total of 250 items). In 1981 it manufactured the first VVER-1000 pressure vessel, which was shipped to South Ukraine NPP. Later, its products were supplied to Balakovo, Smolensk (RBMK), and Kalinin in Russia, and Zaporozhe, Rovno and Khmelnitsky plants in Ukraine. By 1986 Atommash had produced 14 pressure vessels (of which five have remained at the factory), instead of the eight per year intended. Then Chernobyl put the whole nuclear industry into a long standby. Russia was disgraced technologically, and this was exacerbated by a series of incidents in its nuclear-propelled navy contrasting with a near-impeccable safety record in the US Navy.

An early indication of the technological carelessness was substantial pollution followed by a major accident at Mayak Chemical Combine (then known as Chelyabinsk-40) near Kyshtym in 1957. The failure of the cooling system for a tank storing many tonnes of dissolved nuclear waste resulted in a non-nuclear explosion having a force estimated at about 75 tonnes of TNT (310 GJ). This killed 200 people and released some 740 PBq of radioactivity, affecting thousands more. Up to 1951 the Mayak plant had dumped its waste into the Techa River, whose waters ultimately flow into the Ob River and Arctic Ocean. Then they were disposed of into Lake Karachay until at least 1953, when a storage facility for high-level waste was built – the source of the 1957 accident. Finally, a 1967 duststorm picked up a lot of radioactive material from the dry bed of Lake Karachay and deposited it on to the surrounding province. The outcome of these three events made some 26,000 square kilometres the most radioactively-polluted area on Earth by some estimates, comparable with Chernobyl.

After Chernobyl there was a significant change of culture in the Russian civil nuclear establishment, at least at the plant level, and this change was even more evident in the countries of eastern Europe who saw the opportunity for technological emancipation from Russia. By the early 1990s a number of western assistance programs were in place which addressed safety issues and helped to alter fundamentally the way things were done in the eastern bloc, including Russia itself. Design and operating deficiencies were tackled, and a safety culture started to emerge. At the same time some R&D programs were suspended.

Both the International Atomic Energy Agency and the World Association of Nuclear Operators contributed strongly to huge gains in safety and reliability of Soviet-era nuclear plants – WANO having come into existence as a result of Chernobyl. In the first two years of WANO's existence, 1989-91, operating staff from every nuclear plant in the former Soviet Union visited plants in the west on technical exchange, and western personnel visited every FSU plant. A great deal of ongoing plant-to-plant cooperation, and subsequently a voluntary peer review program, grew out of these exchanges.

Notes & references

General references.

Prof V.Ivanov, WNA Symposium 2001, Prof A.Gagarinski and Mr A.Malyshev, WNA Symposium 2002 Josephson, Paul R, 1999, Red Atom - Russia's nuclear power program from Stalin to today Minatom 2000, Strategy of Nuclear Power Development in Russia O. Saraev, paper at WNA mid-term meeting in Moscow, May 2003 Rosenergoatom Bulletin 2002, esp. M.Rogov paper Perera, Judith 2003, Nuclear Power in the Former USSR , McCloskey, UK Kamenskikh, I, 2005, paper at WNA Symposium Kirienko, S. 2006, paper at World Nuclear Fuel Cycle conference, April and WNA Symposium, Sept Shchedrovitsky, P. 2007, paper at WNA Symposium, Sept Panov et al 2006, Floating Power Sources Based on Nuclear reactor Plants Rosenergoatom website Rosatom website nuclear.ru OECD NEA & IAEA, 2012, Uranium 2011: Resources, Production and Demand – 'Red Book' Rybachenov, V. 2012, Disposition of Excess Weapons-grade Plutonium – problems and prospects, Centre for Arms Control, Energy & Environmental Studies Status of Small and Medium Sized Reactor Designs – A Supplement to the IAEA Advanced Reactors Information System (ARIS) , International Atomic Energy Agency, September 2012 Diakov, A. & Podvig, P, March 2013, Spent nuclear fuel management in the Russian Federation Gavrilov, P.M. Sept 2015, Establishing the centralised ‘dry’ SNF storage and the MOX-fuel production for fast neutron reactors at MCC site, World Nuclear Association 2015 Symposium presentation. M. Baryshnikov, REMIX Nuclear Fuel Cycle, World Nuclear Fuel Cycle conference, Abu Dhabi, April 2016 M. Aboimov, Enriching the Past (legacy nuclear materials), World Nuclear Fuel Cycle conference, Abu Dhabi, April 2016 A.V. Boitsov et al , Uranium production and environmental restoration at the Priargunsky Centre, Russian Federation , International Atomic Energy Agency (2002) European Bank for Reconstruction and Development (EBRD) & Northern Development Environmental Partnership, Overcoming the Legacy of the Soviet Nuclear Fleet , Andreeva Bay 27 June 2017 Anatoli Diakov. The History of Plutonium Production in Russia , Science & Global Security, 19, pp. 28-45 (2011)

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    1) Two of my three favorite tech stocks, Meta Platforms (META) and Alphabet (GOOGL), reported quarterly earnings this week... and the market had vastly different reactions. So today, as I've done in previous quarters, I'll take a look at each company's report and share my latest thoughts... Let's cover Meta first, which dropped a staggering ...

  26. Ten global investment banks and market making firms join BGC in the

    NEW YORK, NY - BGC Group, Inc. (Nasdaq: BGC) today announced that Bank of America, Barclays, Citadel Securities, Citi, Goldman Sachs, J.P. Morgan, Jump Trading Group, Morgan Stanley, Tower Research Capital, and Wells Fargo have become minority equity owners of FMX, with a post-money equity valuation of $667 million. FMX combines BGC's U.S. cash treasuries platform with its spot foreign ...

  27. Rosatom Starts Production of Rare-Earth Magnets for Wind Power

    TVEL Fuel Company of Rosatom provides nuclear fuel for 73 power reactors in 13 countries worldwide, research reactors in eight countries, as well as transport reactors of the Russian nuclear fleet. ... its primary objective is to consolidate the State Corporation's efforts in advanced segments and technological platforms of the electric power ...

  28. Fuel Company of Rosatom (TVEL)

    The two TVEL fuel fabrication plants, TVEL-MSZ and TVEL-NCCP, located in Elektrostal and Novosibirsk respectively, provide fuel for 74 Russian and international nuclear power plants, in addition to numerous research reactors. 4 In 2010, TVEL won a contract to build a fuel fabrication plant in Ukraine, which is expected to come online in 2013. 5.

  29. Russia's Nuclear Fuel Cycle

    Russia's State Scientific Centre - Research Institute of Atomic Reactors (RIAR, or NIIAR) - said to be the biggest nuclear research centre in Russia, is in Dimitrovgrad (Melekess), in Ulyanovsk county 1300 km SE of Moscow. It was founded in 1956 to host both research and experimental reactors, and it researches fuel cycle, radiochemicals ...

  30. GRIBNOI MARKET, OOO Company Profile

    Find company research, competitor information, contact details & financial data for GRIBNOI MARKET, OOO of Elektrostal, Moscow region. Get the latest business insights from Dun & Bradstreet.