• 4 minutes Get First Access To The Oilprice App!
  • 7 minutes Blame Oil Price or EVs for Car Market Crash? Auto Recession Has Started
  • 11 minutes Japanese Refiners Load First Iran Oil Cargo Since U.S. Sanctions
  • 13 minutes Oil prices forecast
  • 8 hours *Happy Dance* ... U.S. Shale Oil Slowdown
  • 2 hours Oceans "Under Fire" Of Plastic Trash
  • 7 hours Is Natural Gas Renewable? I say yes it is.
  • 5 mins Renewables in US Set for Fast Growth
  • 7 hours Emissions from wear of brakes and tyres likely to be higher in supposedly clean vehicles, experts warn
  • 2 hours Chinese FDI in U.S. Drops 90%: America's Clueless Tech Entrepreneurs
  • 9 hours Making Fun of EV Owners: ICE-ing Trend?
  • 18 hours Algorithms Taking Over Oil Fields
  • 7 hours Socialists want to exorcise the O&G demon by 2030
  • 20 hours Europe Slipping into Recession?
  • 1 day Nuclear Power Can Be Green – But At A Price
  • 22 hours UK, Stay in EU, Says Tusk
  • 14 hours Orphan Wells

South Korean Consortium Investing in Romanian Nuclear Project

South Korea’s nuclear industries are to build Romania’s Cernavoda reactors 3 and 4.

According to the office of Romania’s Minister of Economy, Trade and Business Environment, Ion Ariton, “The representatives of the (Korea Nuclear) consortium voiced again their firm decision to participate in the project through the purchase of shares in the project company EnergoNuclear SA and through investments in building Cernavoda reactors 3 and 4. Minister Ion Ariton thanked the Korean guests for their promptness in responding the invitation to return to Romania to continue discussions and voiced hope that the Korean side would become part of the Romanian project,” Bucharest’s Agerpres news agency reported.
Cernavoda’s nuclear power plant currently houses two CANDU reactors which currently provide about 18 percent of Romania's electrical energy output.
 
The facility has had a number of problems, most recently earlier this month when Romania restarted the Cernavoda reactor on the river Danube after shutting it down on 16 September for maintenance.
 
The Cernavoda nuclear power plant is Romania’s sole civilian nuclear power station generating electricity. The state-run Societatea Nationala Nuclearelectrica SA power company stated that the closure was to correct an equipment failure, that there were no problems protecting personnel, equipment or the environment during the shutdown and that all security systems operated normally.

By. Joao Peixe, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News