Unit 1 of the Cernavoda Nuclear Power Plant will be halted as of 2026 for retooling works, which will take two years and will extend its service life by 30 years, Romeo Urjan, the head of the Technical and Retooling Division of Nuclearelectrica stated on Monday. “As of 2026, Unit 1 of Cernavoda will stop for the actual works. Until then, we are making all the necessary preparations. We will make a feasibility study which will be concluded by 2021 and then we will carry out the demarches for the procurement of the equipment, which need to be ordered 3-4-5 years prior, being specific products,” Urjan told a profile conference. According to him the feasibility study will say the exact value of the investment, which, according to estimates, ranges between 1.2 and 1.5 billion Euro. “After two years of retooling, Unit 1 will function for another 30 years. Thus we will have a plant as good as new for another 30 years, as opposed to the costs of a new plant, which would be double or even triple. The economic advantage is therefore clear,” the Nuclearelectrica official added. Nuclearelectrica operates the Nuclear Power Plant of Cernavoda, where two CANDU 6-type reactors are working, with a total power of 1,400 MW. They ensure approximately 20 percent of the national production of electricity. Unit 1 was put into service in 1996, and Unit 2 in 2007.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
