Romania, Nuclearelectrica recorded a net profit in the amount of some 200 million euros in 2021

, SEE Energy News

Romanian electricity producer Nuclearelectrica, the operator of the country’s sole nuclear power plant Cernavoda, recorded a net profit in the amount of some 200 million euros in 2021, which is by 48 % more compared to the previous year.

The company’s revenues reached 648 million euros in 2021.

Nuclearelectrica also approved its budget for 2022. The company expected that its net profit would more than double in 2022, reaching almost 500 million euros, with its revenues increasing by 60 % to 1.05 billion euros.

The revenues forecast is based on the sale of 10,597 GWh of electricity in 2022 and on the contract already concluded for 2022, as well as on
average price projections on several OPCOM platforms.

NPP Cernavoda has two units with installed capacity of 700 MW each. It provides about 20 % of Romania’s annual electricity consumption.