Nuclear Electricity Demands Firm Commitments From NuScale for the SMR Project From Doicești. Mihai Gioră: We Have a Duty to Ensure that the Risks Are Not Disproportionately Borne by the Romanian Side
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Nuclear Electricity Puts Strict Financial Conditions on American Partners for Doicești's SMR Project
Nuclear power is changing its strategy for Doicești's nuclear mini-reactors (SMR) project, in the context that more than 80% of the investment conditions have not been met. The company's director, Mihai Giăra, told MEDIAFAX that this adjustment aims to ensure that the financial risks are no longer disproportionate to the Romanian side.
The Doicești plant project continues with reduced costs. Nuclear-electric shareholders have not approved a new amount for construction.
Nuclear electricity changes the approach in case of Doicești's small modular reactors (SMR) project, so the risks will no longer be disproportionately borne by the Romanian side, in the context that more than 80% of the investment conditions are not met, said Mihai Giăra, director general of the national nuclear power producer, in a comment exclusively given to the reporter Mediafax at the end of the Thursday meeting of the General Assembly of S…
The U.S. company NuScale, listed at New York Stock Exchange (NYSE), the owner of the small modular reactor technology (SMR) that aims to build a 462 MW nuclear power plant in Romania, Doicești, on the site of the former coal-fired power plant there, did not meet the conditions set for the continuation of the project by the Romanian company dedicated to it, RoPower Nuclear SA (RPN), controlled in equal proportions by the state nuclear power compa…
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