New reactor helps cut Romanian power imports
Romania managed to cut its electricity imports by nearly 30% in the first half of 2008 relative to 2007, thanks to a massive increase in nuclear output after its second nuclear unit, Cernavoda 2, started up.
Romania managed to cut its electricity imports by nearly 30% in the first half of 2008 relative to 2007, thanks to a massive increase in nuclear output after its second nuclear unit started up.
The Cernavoda plant (Image: AECL) |
The country remained heavily dependent on fossil fuels for electricity generation, which accounted for over 54.3% of its electricity in the period, but nevertheless managed to cut its fossil fuel generation by about 1%.
Romania's next two nuclear units, also at Cernavoda, will be built by a consortium of six European companies in a joint venture with Romania's Nuclearelectrica SA under plans finalized earlier this year. The Romanian government has now announced that Nuclearlectrica will take a 51% stake in the project, rather than its originally planned 20% share. In return, the company is expected to provide a total €2.04 billion ($3 billion) contribution including assets and funds towards the €4 billion ($6 billion) project.
Cernavoda 3 and 4, both 750 MW CANDUs, will be a similar design to the 700 MWe unit 2. The new units are slated to start up in 2014 and 2015, respectively.