Prime Minister Nicolae Ciuca said that up-and-coming nuclear and natural gas projects capitalize on Romania's potential to become a regional energy hub. The statement comes as the Premier met on Thursday with John Hopkins, president and CEO of US company NuScale, which will develop in Romania the small modular reactors (SMR) technology for the production of nuclear energy."The inclusion of nuclear energy in the European Union's taxonomy on sustainable financing is a viable solution for achieving Romania's energy independence and decarbonization goals. By further developing nuclear and natural gas projects we will capitalize on our country's potential to become an energy hub in the region, we will develop the industry and create new jobs," the Prime Minister said in a statement issued by the government's Press Office.The talks highlighted the importance of the Global Infrastructure Partnership initiative launched at the G7 Summit, and the allocation by NuScale of a $14 million grant for a new phase of the SMR development program in Romania."The Prime Minister mentioned that, through the Nuclearelectrica National Corporation, Romania will contribute 9 million dollars to the co-financing of this new stage of the program, considering Romania's target of reinforcing its energy profile, in accordance with the European environmental protection vision and the pledged decarbonisation targets. The Prime Minister also welcomed the opening of a facility in Doicesti, Dambovita County, to support the SMR and the partnership with the Polytechnic University of Bucharest, for the development of a NuScale Energy Exploration Center supporting workforce capacity building, that should provide nuclear experts, technicians and operators in Romania," the cited source mentions.Nicolae Ciuca specified that the government will continue to support the projects for the construction of Cernavoda Reactors 3 and 4, as well as investments in renewable energy, stressing that the diversification of energy resources and routes is "paramount for ensuring Romania's energy stability and independence"."The fact that the SMR technology developed by the American company NuScale complies with the highest nuclear safety standards is extremely important in the context where nuclear energy is a fundamental pillar through which we can obtain clean energy at affordable costs for the Romanian citizens and the national economy," Nicolae Ciuca states.
Holidays are simply better when you share the traditional taste of Boromir Cozonac with your loved ones. Our Collection of Cozonac brings joy and warmth to festive gatherings, carrying on the sweet traditions of the winter season. With its soft core, rich fillings, and authentic flavor that comes from natural sourdough, the Boromir Cozonac is […]
As parents everywhere wrestle with the same uneasy question, how do you prepare children for a future shaped by rapid technological change and constant uncertainty, Verita International School is betting on a clear answer: teach students how to think, not what to think. In this interview with Romania Insider, Ashley “Ash” Peek, Head of Secondary […]
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 […]
