New Romanian nuclear plant wonÂ’t be a CANDU
BUCHAREST, ROMANIA - Romania will be looking for foreign partners to help develop a new nuclear reactor – but they won’t be looking Canada’s way.
Secretary at the Economy Ministry Tudor Serban told a press conference that the new nuclear plant would be located in central Romania.
“We have received applications from some of the most important power and gas companies, such as GDF, companies from South Korea, E.ON, Enel, CEZ, Iberdrola, RWE”, he added.
Serban announced the new nuclear power plant will not use CANDU technology, as the Cernavoda-based plant does.
There were investors who had asked for 35 percent shareholding in the new plant, he added.
“There were some investors who asked for 35 percent of the new nuclear power plant. They made their participation conditional on such a percentage. We said yes,” Serban stressed, adding a consultant for the project is to be selected.
The Nuclear Agency announced last year that funds worth 250,000 lei were assigned to the studies on the location of a new nuclear power plant in Romania.
Related News
Ontario will not renew electricity deal with Quebec
TORONTO - The Ontario government does not plan to renew the Ontario-Quebec Electricity Trade Agreement, Radio-Canada is reporting.
The seven-year contract, which expires next year, aims to reduce Ontario's greenhouse gas (GHG) emissions by buying 2.3 Terawatt-hours of electricity from Quebec annually — that corresponds to about seven per cent of Hydro-Quebec's average annual exports.
The announcement comes as the provincially owned Quebec utility continues its legal battle over a plan to export power to Massachusetts.
The Ontario agreement has guaranteed a seasonal exchange of energy, since Quebec has a power surplus in summer, and the province's electricity needs increase in the winter.…
