Romania: NPP Cernavoda expansion, SEE Energy News
The tender for updating feasibility study project was launched by EnergoNuclear, the project company set up by the Romanian Government for the construction of two new nuclear reactors at nuclear power plant Cernavoda.
The update should evaluate the scenario of a single new reactor and the baseline scenario of two reactors. The main elements of the feasibility study update should include a forecast for the energy demand in Romania and the region, the estimate of investments involved and an evaluation of the support mechanisms the project might need.
Last week, Romanian Prime Minister Ludovic Orban said that by 2030 Romania, through electricity producer Nuclearelectrica, will invest 9 billion euros in the upgrade of unit 1 of nuclear power plant Cernavoda, as well as construction of two new units. PM Orban stressed that the Government has big plans for NPP Cernavoda and aims to build two new reactors by the end of 2030, adding that the financing scheme for the project is currently in development. He said that these investments should be made in cooperation with serious partners from the Euro-Atlantic area, who have the expertise and the necessary technology to support the implementation of these investments which are fundamental for Romania’s economic development.