News Article

Romania moves to terminate talks with Chinese partner in nuke project

romania nuclear plant

BUCHAREST -

Romania's government has mandated the managing board of local nuclear power producer Nuclearelectrica to initiate procedures for terminating negotiations with China General Nuclear Power Group (CGN) on building two new reactors at the Cernavoda nuclear power plant.

The government also mandated the managing board to analyse and draw up strategic options on the construction of new electricity generation capacities from nuclear sources.

The company will negotiate the termination of the agreement signed in 2015 for developing and operating units 3 and 4 at Cernavoda.  

At the end of last month, Economy Minister Virgil Popescu said that the collaboration with the Chinese company couldn't continue as it has yielded no results in seven years.

"We have a strategic partnership with the US, and we hold on to it, we respect our partners. We are members of the EU and Nato. Aside from that, I think that seven years since this collaboration with the Chinese company began is enough to realise that we can't move on," Popescu said at that time.

Liberal Prime Minister Ludovic Orban announced in January that the government would exit the deal with its Chinese partner. He invoked the European Union's Green Deal rather than security issues or cost concerns circulated previously as the main reason behind a potential end of the deal with CGN to expand Romania's only nuclear power plant.

In August last year, the US included CGN on a blacklist for allegedly trying to get nuclear technology from the US to be used for military purposes in China.

Related News

spain wind power

Spain's power demand in April plummets under COVID-19 lockdown

MADRID - Demand for electricity in Spain dropped by 17.3% year-on-year to an estimated 17,104 GWh in April while the country’s economy slowed down under the national state of emergency and lockdown measures imposed to curb the spread of COVID-19.

According to the latest estimates by Spanish grid operator Red Electrica de Espana (REE), the decline in demand was registered across Spain’s entire national territory. On the mainland, it decreased by 17% to 16,191 GWh, while on the Balearic and the Canary Islands it plunged by 27.6% and 20.3%, respectively.

Renewables accounted for 47.9% of the total national electricity production in April.…

READ MORE
hydro quebec

Hydro-Quebec won't ask for rate hike next year

READ MORE

broken power lines

Canadian Scientists say power utilities need to adapt to climate change

READ MORE

Macron: France, Germany to provide each other with gas, electricity, to weather crisis

READ MORE

solar power solution

Norway Considers Curbing Electricity Exports to Avoid Shortages

READ MORE