Developing a nuclear program based on U.S. technology, unblocking the Black Sea gas projects and setting up an energy investment fund are some of the goals set out in the Energy chapter of the 2021-2024 Governing Program pledged by the PNL-PSD-UDMR coalition."Decarbonising the energy supply in line with the EU target of cutting greenhouse gas emissions by at least 40 percent from 1990 levels can only be achieved by increasing the nuclear production capacity," the document states.To this effect, one of the strategic objectives is promoting energy investments, particularly in the field of clean energies, such as completing Cernavoda reactors 3 and 4, upgrading Cernavoda Unit 1 and introducing advanced nuclear technologies in the context of the Romania - U.S. intergovernmental partnership."With Romania committing under its National Recovery and Resilience Plan to phasing out coal from energy production by 2032, and following the initialing in October 2020 of the Agreement between the Government of Romania and the Government of the United States of America on cooperation regarding the Cernavoda nuclear power projects and civil nuclear energy, the development of a medium and long-term National Nuclear Program, which would include the development of new nuclear power capacities using small modular reactors with U.S. technology, is absolutely imperative," the representatives of the PNL-PSD-UDMR coalition said.The document also provides for the establishment of the Romanian Energy Fund, a public investment vehicle organized in accordance with the general framework applicable to sovereign development and investment funds, and in line with international best practice standards on energy, owned by the Romanian state through the Ministry of Energy.Amid rising electricity and natural gas prices, the continuation of the state's intervention through regulatory measures is necessary for maintaining a decent standard of living of the population which is largely affected by the high subsistence costs, including housing utilities, yet without affecting energy investments.Other priorities are the implementation of measures to ensure energy security in the context of the EU programmatic guidelines for decarbonising and reducing greenhouse gas emissions, and strengthening energy security as regards fuel and natural gas supplies, by setting up a mandatory stockpiling system in accordance with European legislation.The program also provides for unlocking the Black Sea offshore natural gas projects and expanding gas and electricity networks, investments in renewable energy and "participation in European initiatives to encourage the development of hydrogen technologies, in order to reach the threshold of economic competitiveness and widespread use, with a key contribution to energy security and investment in modern, mature technological solutions that have been sufficiently tested to operate in conditions of economic efficiency."
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
