nuclear-news

Romania asks companies to reconsider nuclear plan – Investment is going to wind and solar generation

Oct 17 (Reuters) – Romania has asked four of Europe’s largest power companies to reconsider a plan to build two nuclear reactors after it failed to find other investors, the Eastern European nation’s deputy economy minister said on Wednesday.

Romania, which must replace a third of its plants by 2020, needs new power generation or faces future supply shortages and rising import costs.

However, many power companies have been scaling back investment in central and eastern Europe in light of the euro zone debt crisis and with a renewed focus on wind and solar capacity.

http://uk.reuters.com/article/2012/10/17/romania-nuclear-idUKL5E8LH6XG20121017

October 17, 2012 - Posted by arclight2011 | Uncategorized