Romania

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Chinese Company to Build Romania Nuclear Reactors

Monday, October 20, 2014

Nuclearelectrica, the company that runs Romania’s sole nuclear power plant, located in Cernavoda, has chosen China General Nuclear Power Corporation (CGN) as its investor for the development of two new nuclear reactors.

The project is worth of some 6.5 billion euro, according to company sources.

The Chinese company was the only bidder in the tender procedure organised by Nuclearelectrica.

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Cernavoda 3&4 construction back on after Candu Energy signs cooperation deal with Chinese state company

Monday, July 28, 2014

SNC Lavalin subsidiary Candu Energy has signed a 'binding and exclusive' contract with China Nuclear Power Engineering Company, Ltd. (CNPEC) for the construction of CANDU Units 3 and 4 at the Cernavoda Nuclear Power Plant in Romania in Vancouver. The agreement was witnessed by senior representatives of China's National Energy Administration and Natural Resources Canada.

This agreement follows a letter of intent signed by CNPEC's parent company China General Nuclear Power Group (CGN) and Romanian utility Societatea Nationala Nuclearelectrica (SNN) in November 2013 for investment in and development of two additional nuclear units at the Cernavoda site.

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Sixteen states talk nuclear power

Tuesday, February 14, 2012

The representatives of the 16 EU countries that have opted for nuclear energy have identified the four 'pillars' on which the EU's energy policy must be built: safety of sourcing, consumer purchasing power, industrial competitiveness and the fight against global warming.

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RWE, Iberdrola, GDF Suez exit Romania nuclear plan

Friday, January 21, 2011

PARIS/FRANKFURT, Jan 20 (Reuters) - Power groups GDF Suez, Iberdrola and RWE said on Thursday they were pulling out of a multi-billion dollar nuclear project in Romania, confirming an earlier report by Reuters.

"Economic and market-related uncertainties surrounding this project, related for the most part to the present financial crisis, are not reconcilable now with the capital requirements of a new nuclear power project," the groups said in a joint statement.

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Cernavoda nuclear project stakes decision delayed for 2011

Monday, November 1, 2010

The Romanian state will take a decision in 2011 on the make-up of the company set to construct two new nuclear reactors in Romania’s existing site in Cernavoda, Constanta county, Minister of Economy Ion Ariton told The Diplomat

This will further delay the development of the four billion Euro, 1,500 MW power plant development and is likely to contribute to pushing back its commissioning date of 2015 to 2017 at the earliest.

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Enel delays decision on involvement in nuclear project company

Monday, October 11, 2010

Italian utilities company Enel will decide on its involvement in the nuclear project company, set up by the Romanian state with major European partners to complete the 3rd and the 4th reactors of Cernavoda nuclear plant, when the reforms in the power generation sector become predictable. The decision depends critically on the alteration of the market regulations besides the setting up of the two state power companies in the generation sector, Enel officials told Bloomberg agency quoted by local media.

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Romania Wants to Export Electricity to Bulgaria

Monday, October 4, 2010

Romania could export more electricity to Bulgaria, according to Adrian Baiscusi, general manager of Romanian power grid operator Transelectrica (TEL).

Baicusi has stated, as cited by Act Media, that as a result of Turkey joining the European electricity network (UCTE) in September, Romania should have opportunities to export
energy to the south.

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Czech ČEZ to quit Romania nuclear reactors-report

Wednesday, September 22, 2010

Czech power firm ČEZ will quit a joint venture to build two units at Romania's sole nuclear power plant by December and seek other low-risk projects in the region, a company official was quoted as saying on Tuesday.

Romania, whose state-owned nuclear power firm already has two 706 megawatt reactors at its plant in Cernavodă, accounting for roughly 18 percent of the country's power, had planned plans to build two more in partnership with six foreign firms.

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Cernavoda unit stopped because of malfunction

Monday, March 1, 2010

Cernavoda nuclear plant´s unit two was briefly stopped yesterday morning, because of a leak of primary agent within the reactor´s protective building. "No problems were registered in connection with protection of employees, equipment and environment, as the entire security system functioned in line with regulations," Nuclearelectrica, the company which operates the plant, said in a release.

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Eastern Europe to host EU nuclear waste storage facility

Wednesday, February 17, 2010

High-level nuclear waste from across the European Union could be shipped to eastern Europe for burial in a central underground storage facility under plans being considered by EU member states.

The Times has learnt that the project, which comes amid a resurgence of interest in nuclear power, could be given the green light later this year by the European Commission. Ewoud Verhoef, deputy director of Covra, the agency responsible for the storage of the Netherlands´ nuclear waste, said: "The nuclear programme in Holland is small and the cost of building a geological repository is very high. We only have one nuclear reactor in the Netherlands so there would be big advantages to a shared solution."

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