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.
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.
A radical plan to dispose of Britain's huge store of civil plutonium - the biggest in the world - by "burning" it in a new type of fast reactor is now officially one of three "credible options" being considered by the Government, The Independent understands.
However, further delays have hit attempts to make a final decision on what to do with the growing plutonium stockpile which has been a recurring headache for successive governments over the past three decades.
Britain is set to tackle a 60-year-old problem that has dogged successive governments: how to resolve the deadly legacy from the country's first generation of nuclear power plants.
The UK is home to the world's largest stockpile of plutonium, with more than 100 tonnes of the highly radioactive material.
The Nuclear Decommissioning Authority, whose job it is to look after the plutonium, is preparing to give its recommendation on how the government should deal with the problem, with an announcement expected as early as next month.
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.
The contradictory declarations made over time by the management of the National Company Nuclearelectrica and the Autonomous Administration for Nuclear Activities make us believe that something is rotten with the nuclear reactors in Cernavodă: either the emanated tritium concentration is much higher than it should be, thus jeopardizing the environment, or we already have a large surplus of heavy water, in which case it is not justified to continue production until 2017...
RWE Power, Societatea Nationala Nuclearelectrica and five other partners have given the provisional go-ahead for an investment contract towards the creation of a joint venture company in Romania.
The contract will be signed by the participating companies upon approval by the Romanian government. The contract seeks to construct Unit-3 and Unit-4 of the Cernavoda nuclear power station in Romania, using the Canadian CANDU reactor technology.
MOSCOW. (RIA Novosti commentator Tatyana Sinitsyna) - Ukrainian politicians have made one more move aimed at easing their dependence on Russia's nuclear fuel supplies.
In late March, Ukraine's nuclear power company Energoatom signed a five-year contract with U.S.-based Westinghouse Electric Company to provide nuclear fuel to three Ukrainian reactors at the Yuzhnoukrainsky nuclear power plant in 2011-2015.
With France pushing for greater cooperation on nuclear power with Romania, the Canadians who first introduced nuclear tech to Romania argue the Gallic technology comes at a cost the country may not be willing to pay.
Romania plans to build a second nuclear power station, but its rumoured interest in French nuclear technology may prove too expensive an option. News of the country’s flirtation with French nuclear technology arose when President Nicolas Sarkozy visited Bucharest last February.
A new generation of nuclear power stations in the UK has been given the formal go-ahead by the government.
Ministers have invited energy companies to submit plans to build new nuclear plants, which will replace the ageing fleet that currently provides about 18% of the UK's electricity.
