BUCHAREST – Romania to sign nuclear deal with US

The Romanian and US governments will sign an agreement for a project of $8 billion on the nuclear power plant in Cernavoda. The project could be financed by an American bank, a US diplomat said on Thursday (8 October).

The deal refers to the overhaul of one of the plant’s two reactors and the refurbishment of the building that is to fit two new reactors, the US ambassador to Bucharest said Thursday (8 October).

“The 8 billion dollar project will represent a paradigm of future Romanian-American projects for economic and energy development,” ambassador Adrian Zuckerman said in his video address.

The Romanian government has been seeking for years investors to partner up for building two new reactors at the nuclear plant in Cernavoda, which already operates two 700-megawatt units.

In June, Romania cut ties with China General Nuclear Power Corporation, a Chinese company with which plant operator Nuclearelectrica signed a Memorandum of understanding back in 2015 for the development, construction, operation and decommissioning of the two reactors.

However, no major developments took place in the five years and in January 2020, Prime Minister Ludovic Orban said the government could exit the deal with the Chinese firm.

(Bogdan Neagu, EURACTIV.ro)

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