RRI Live!

Listen to Radio Romania International Live

American projects in Romania

Originally designed to have 5 units, the nuclear power plant in Cernavodă, the only one in Romania, is still working today, 24 years since the first reactor became operational in 1996, with only 2 completed units, which cover around 20% of the countrys electricity demand. In the meantime, Unit 5, whose construction started in 1987, has been repurposed.

American projects in Romania
American projects in Romania

, 12.10.2020, 12:37

Originally designed to have 5 units, the nuclear power plant in Cernavodă, the only one in Romania, is still working today, 24 years since the first reactor became operational in 1996, with only 2 completed units, which cover around 20% of the countrys electricity demand. In the meantime, Unit 5, whose construction started in 1987, has been repurposed.



For Units 3 and 4, the construction of which was suspended in 1992 after only around 15% of the works were completed, a number of solutions have been searched. Talks with China in this respect had made considerable progress in recent years. But this summer, Bucharest canceled the contract, and instead an intergovernmental agreement between Romania and the US was signed a few days ago in Washington.



This is a civilian nuclear cooperation agreement to refurbish Unit 1 and build Units 3 and 4 using the same CANDU Canadian technology as for the first 2 reactors. Once operational, Reactors 3 and 4 will double the production capacity of the nuclear power plant.



The agreement also includes academic cooperation in the field of nuclear energy, including cooperation for a new small, modular reactor technology developed by the Americans, the minister of economy, energy and the business environment Virgil Popescu said, upon signing the document.



The project is to be implemented in the next 10 years by a consortium of companies from the US, Romania, Canada and France, headed by an American company and with financial support from all stakeholders.



According from a news release from the US Energy Department, “this historic agreement will lay the foundation for Romania to utilize U.S. expertise and technology […] It underscores the importance of the strategic partnership between the United States and Romania and our mutual commitment to energy security in the region. Nuclear energy is crucial to ensuring Romania has a reliable, affordable, and emissions-free supply of electricity.



This 8-billion USD project is the largest financing package ever received by Romania, which proves the confidence the US has in its long-time partner and ally, the US Ambassador to Romania said in his turn. Adrian Zuckerman also announced plans for a large-scale infrastructure project: “We are embarking on a new project for Romania, with Poland, to build a highway and railroad from Constanta on the Black Sea to Gdansk on the Baltic Sea. This infrastructure project will be a tremendous boon to the Romanian and Polish economies, and regional economies, for years to come, Adrian Zuckerman said.


(translated by: Ana-Maria Popescu)

Foto: PIX1861 / pixabay.com
Today in the News Friday, 20 December 2024

Economic effects of political instability

The deadlock related to the establishment of a parliamentary majority to propose a prime minister and, therefore, the impossibility of forming a new...

Economic effects of political instability
foto: presidency.ro
Today in the News Friday, 20 December 2024

Conclusions of the Winter European Summit

The EU heads of state and government gathered in Brussels to discuss the war in Ukraine, migration, the situation in the Middle East, the Republic of...

Conclusions of the Winter European Summit
Romanian president Klaus Iohannis (right) and president of EU Council Antonio Costa (Photo: presidency.ro)
Today in the News Thursday, 19 December 2024

The EU and the exposure to disinformation

Attending the EU-Western Balkans summit and the European Council in Brussels, the Romanian president Klaus Iohannis said Romania was confronted with...

The EU and the exposure to disinformation
Photo: Mediamodifier / pixabay.com
Today in the News Thursday, 19 December 2024

Fitch revises Romania’s outlook to negative

Fitch Ratings has revised Romania’s outlook to negative, citing political instability and budget deficit.     Fitch Ratings has...

Fitch revises Romania’s outlook to negative
Today in the News Wednesday, 18 December 2024

A new Forestry Code

The new Forestry Code, a milestone in the National Recovery and Resilience Plan, was adopted by the Chamber of Deputies in Bucharest as the...

A new Forestry Code
Today in the News Wednesday, 18 December 2024

EU investigates TikTok

The European Commission opened formal proceedings against the TikTok social media platform for alleged violations of the Digital Services Act in the...

EU investigates TikTok
Today in the News Tuesday, 17 December 2024

Russia: concerns and sanctions

  Four US Senators, both Republicans and Democrats, have condemned Russia’s interference in the Romanian presidential elections and have...

Russia: concerns and sanctions
Today in the News Tuesday, 17 December 2024

What are entrepreneurs waiting from the future government

Entrepreneurs, who convened on Monday for a specialized online event, have emphasized the risk of a potential economic recession that might hit...

What are entrepreneurs waiting from the future government

Partners

Muzeul Național al Țăranului Român Muzeul Național al Țăranului Român
Liga Studentilor Romani din Strainatate - LSRS Liga Studentilor Romani din Strainatate - LSRS
Modernism | The Leading Romanian Art Magazine Online Modernism | The Leading Romanian Art Magazine Online
Institului European din România Institului European din România
Institutul Francez din România – Bucureşti Institutul Francez din România – Bucureşti
Muzeul Național de Artă al României Muzeul Național de Artă al României
Le petit Journal Le petit Journal
Radio Prague International Radio Prague International
Muzeul Național de Istorie a României Muzeul Național de Istorie a României
ARCUB ARCUB
Radio Canada International Radio Canada International
Muzeul Național al Satului „Dimitrie Gusti” Muzeul Național al Satului „Dimitrie Gusti”
SWI swissinfo.ch SWI swissinfo.ch
UBB Radio ONLINE UBB Radio ONLINE
Strona główna - English Section - polskieradio.pl Strona główna - English Section - polskieradio.pl
creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti
italradio italradio
Institutul Confucius Institutul Confucius
BUCPRESS - știri din Cernăuți BUCPRESS - știri din Cernăuți

Affiliates

Euranet Plus Euranet Plus
AIB | the trade association for international broadcasters AIB | the trade association for international broadcasters
Digital Radio Mondiale Digital Radio Mondiale
News and current affairs from Germany and around the world News and current affairs from Germany and around the world
Comunità radiotelevisiva italofona Comunità radiotelevisiva italofona

Providers

RADIOCOM RADIOCOM
Zeno Media - The Everything Audio Company Zeno Media - The Everything Audio Company