Nuclearelectrica has signed a Letter of Intent with the Three Seas Initiative Investment Fund (3SIIF) to explore a potential collaboration in the renewable energy production sector in Romania, the company announced in a press release sent on last Thursday."Nuclearelectrica, through the operation of high performance units 1 and 2 of the Cernavoda Nuclear Power Plant, is a strategic pillar for Romania's energy security. Through the partnership with the Three Seas Initiative Investment Fund for renewable energy production in Romania, we want to further expand our contribution to energy security, energy independence and consumer protection in Romania," said Cosmin Ghita, CEO of Nuclearelectrica.According to the source, 3SIIIF is interested in further identifying and partnering in opportunities to support the energy transition and energy security in the Three Seas Region."The Fund is not authorised to make investments in the nuclear sector and any partnership with Nuclearelectrica would be in a separate entity focused on renewable energy assets," Nuclearelectrica says.Currently, Nuclearelectrica generates 33 percent of Romania's clean energy and has strategic investment projects that will increase its contribution to clean energy generation to approximately 66 percent by 2030.
Two Dacian gold bracelets from the collection of the National History Museum of Romania (MNIR) have been recently 3D scanned as part of a digital preservation project highlighting these exceptional archaeological pieces. The initiative, launched by the museum, aims to showcase the artistry and cultural significance of Dacian goldsmithing. Crafted with remarkable skill, the spiral-shaped […]
On August 19, 2025, marking 144 years since the birth of George Enescu, the festival bearing his name will celebrate the composer’s legacy through a special event hosted at MINA – Museum of Immersive New Art in Bucharest. Audiences are invited to a free series of screenings of George Enescu – Poema Română: Immersive Experience, […]
Romania achieved the best result in its history at the 37th edition of the International Olympiad in Informatics 2025. The four students representing the country each secured a gold medal. The olympiad took place in Sucre, Bolivia, and brought together participants from over 90 countries to compete in computer science. Romania’s golden team consisted of […]
Romania has the third-highest electricity spot price in the EU from the beginning of the year to date, maintaining the position it held last year, according to data analyzed by Profit.ro. The average daily price of electricity traded on the day-ahead market operated by OPCOM (equivalent...
With AI's promise to elevate efficiency and access to knowledge comes the prospect of increased inequality for those who cannot access it. Against the backdrop of the many challenges AI poses, it is important to examine our truth bubbles, identities, and modes of organizing, behavioral scientist Tamás Dávid-Barrett argues. Tamás Dávid-Barrett, who trained as both […]
Home prices continue to rise rapidly in most major cities across Europe and globally, including Romania. Bucharest and other large cities are nearing the critical threshold of inaccessibility for residents with average incomes, according to an analysis by the Social Monitor, a project of Friedrich-Ebert-Stiftung Romania, based on data from Numbeo and Eurostat. In the […]
