• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 1 min GREEN NEW DEAL = BLIZZARD OF LIES
  • 6 days Does Toyota Know Something That We Don’t?
  • 6 days World could get rid of Putin and Russia but nobody is bold enough
  • 2 days America should go after China but it should be done in a wise way.
  • 8 days China is using Chinese Names of Cities on their Border with Russia.
  • 9 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 9 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 9 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 8 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 9 days Putin and Xi Bet on the Global South
  • 9 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 10 days United States LNG Exports Reach Third Place
  • 10 days Biden's $2 trillion Plan for Insfrastructure and Jobs

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

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News