The NuScale technology has been licensed by the U.S. Nuclear Regulatory Commission (NRC) with the 77MW model intended for the Doicesti project, meaning that Romania is ready to become a leader in safe and clean energy in Europe, Energy Minister Sebastian Burduja announced on Friday.'The Ministry of Energy welcomes the announcement made by NuScale Power regarding the approval received from the U.S. Nuclear Regulatory Commission (NRC) for the standard design of the 250 MWt (77 MWe) small modular reactor (SMR), intended to be used in the Romanian project. The NRC is considered the world's most rigorous nuclear regulator, and the licensing model chosen by NuScale fully covers the design in use, unlike other technologies that opted for partial licensing,' the ministry said in a press release.This decision confirms that the technology developed by NuScale meets the world's highest nuclear safety standards and paves the way for the large-scale implementation of an advanced, scalable, and clean energy solution, the press release also reads.Through the pilot project in Doicesti, Romania could become the first country in the European Union to adopt this next-generation technology, strengthening its position as a regional leader in the energy transition and a strategic partner of the United States in nuclear energy.'The NRC's decision regarding NuScale's technology - the very technology that Romania plans to implement at Doicesti, a European first - represents more than just a technical validation. It is an international recognition of the strategic direction we are following and a clear signal that the energy future belongs to courageous, innovative and visionary countries. Thus, NuScale's 77MW reactor design becomes the most mature SMR technology in the world today. Romania is a pioneer in Europe's energy transition, demonstrating that we can be the first European nation to adopt, develop, and integrate small modular reactors into the national energy system by the 2029-2030 timeframe. These reactors will provide clean, safe, stable and affordable energy, with minimal carbon footprint and significant benefits for national energy security,' Minister Burduja is quoted in the release as saying.According to him, the Doicesti project means not just energy, but also industry, jobs, innovation, education and leadership.The SMR project in Doicesti is being developed in partnership with NuScale Power and supported by the United States Government through the Department of Energy (DOE) and the U.S. Trade and Development Agency (USTDA). It is currently in the detailed design phase, with the final investment decision and potential start of construction expected in the first part of next year. These milestones will depend on several key variables such as financing, involved partners and the direct and indirect benefits for the national economy, according to the Ministry of Energy release
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
