Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romania's energy mix should include small and large-scale...

Romania's energy mix should include small and large-scale nuclear energy produces, according to official

January 4, 2024

 Romania's future energy mix must include both small and large-scale nuclear energy producers, which is why it is very important for our country to develop a strategy to highlight the important role that nuclear energy (including SMR - Small Modular Reactors) can play in ensuring the need for safe electricity, Dumitru Chisalita, an official from the Intelligent Energy Association (AEI), said."More than twenty states, including Romania, called on Saturday, in a joint statement at the COP28, for the tripling of nuclear energy capacities worldwide by 2050 compared to 2020, in order to reduce dependence on coal and gas. And this is happening in the context in which, at the EU level, we find it difficult to accept the need to include nuclear energy into the taxonomy as transition fuel in 2022 (...) It is very important to be aware that, in the perspective of 2050, Romania's need in terms of a secure supply of electricity, which can ensure flexibility between the variability of electricity production from renewable sources and the volatility of consumption (which will be largely based on electricity), can only be solved with small nuclear reactors, in the absence of electricity produced from coal and gas. In the same perspective, the heating of large urban agglomerations can be based on the thermal energy provided by small nuclear applications - SMR, possibly located in the vicinity of localities," said Chisalita.In the specialist's view, Romania must develop a strategy to establish the important role that nuclear energy (including SMR) can play in the future in terms of ensuring the need for safe electricity, balancing energy systems based on renewable energy and especially the heating of homes in large urban agglomerations."People need electricity and heat continuously and at an acceptable price. The development of energy systems that can generate low prices, but that do not provide you with the energy you need when you need it, are not compatible with the requirements of today's society (...) The dispute over how to deal with nuclear power in the EU, over how Europe intends to move towards cleaner energy, has been settled in favour of developing nuclear power generation capacity in the future. Fortunately, the engineering concepts managed to dethrone the opinions of politicians and prevent future critical situations, but also to come up with security solutions related to how the EU can secure its energy sources as it wants to move away from Russian gas, and also related to how the EU industry can have affordable energy prices to compete with the USA and China," said Chisalita.

Read in full - click here
Romanian trade unions prepare for possible general strike over austerity measures

Romania’s main trade union confederations are preparing coordinated protest actions and considering a general strike in response to the government’s new fiscal and austerity measures, Economica.net reported. The decision was made during a meeting of union leaders evaluating the impact...

Bolt, Uber assure their Romanian drivers are paying taxes and contributions legally

The Coalition for the Digital Economy, which brings together companies such as Uber, Glovo, Wolt, Bolt, Bringo, and Lime, in response to Ziarul Financiar's claims that the drivers of the ride-hailing operators are avoiding taxes and social security contributions, assured that this is not the case.  ...

OMV Petrom putting special dividend on ice conveys cautious message to investors

Romanian energy group OMV Petrom (BVB: SNP) will decide by the end of September on the special dividend, based on the progress of the investment projects, the impact of the present and future fiscal reforms implemented by the government, and the market conditions, the company's CFO Alina Popa explained, quoted by Cursdeguvernare.ro.  ...

Romanian teachers’ unions reportedly press education minister to reverse July reforms

Romania’s teachers’ unions announced on August 5 that education minister Daniel David has pledged to ask prime minister Ilie Bolojan to drop some of the most contested measures from the government’s first package of reforms, Hotnews.ro reported. The...

UniCredit Romania expects country's public deficit above 8% of GDP this year

Although the Romanian government is preparing two additional extensive reform packages, targeting mainly the spending cuts and a higher efficiency in the public administration, the 7% of GDP target for this year will not be met, with a level above 8% of GDP more likely, according to a research report by UniCredit Romania.  "Yet, we […]

Romanian deputy PM says magistrates’ pensions must be included in next reform package

Deputy prime minister Tanczos Barna stated on August 4 that Romania’s second package of deficit-reduction measures cannot move forward without addressing magistrates’ pensions, Economedia.ro reported. He warned that failure to reform the system would jeopardise...