nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Another US nuclear marketing deal done ay COP27 – $3billion for Romania reactors project

The US Export–Import Bank said it intends to provide USD 3 billion for a project for two additional reactors in Romania’s Cernavodă nuclear power plant.

Romanian Prime Minister Nicolae Ciucă announced at the United Nations Climate Change Conference COP27 that a third of the required funds for units 3 and 4 in the Cernavodă nuclear power plant would be provided by the United States Export–Import Bank. The preparatory phase will be completed by the end of March, he said.

The US Exim Bank issued letters of intent for USD 50 million for the second phase and USD 3 billion for the construction of the two reactors, the prime minister revealed at the event in Egypt. The plan is to implement the second phase in the third quarter of 2025 and build the units in 2030, Ciucă said…….

The Cernavodă nuclear power plant operates under state-owned Nuclearelectrica. A contract was signed for the preparatory stage last November with Candu Energy, a subsidiary of SNC-Lavalin from Canada, through Romania’s project firm EnergoNuclear.

In addition, Nuclearelectrica intends to deploy US-based NuScale’s small modular reactor (SMR) technology for a 462 nuclear power plant on the site of a former coal plant.

Advertisement

November 11, 2022 - Posted by | marketing, USA

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: