Project company

Nuclearelectrica and Nova Power & Gas launch the project company for the development of small modular reactors in Romania – The Diplomat Bucharest


Nuclearelectrica and Nova Power & Gas launch RoPower Nuclear, the project company for the development of small modular reactors in Romania, on the site of the former coal-fired power plant of Doicesti, in the county of Dambovita.

Jose W. Fernandez, U.S. Under Secretary for Economic Growth, Energy, and Environment, U.S. Department of State and Romanian Minister of Energy, Virgil Popescu, observed the signing ceremony of the Declaration of shareholders, at the Ministry of Energy, in Romania.

“I welcome and support the new stages of deployment in Romania of the first SMR power plant in Europe, achieved now by the launch of the project company RoPower Nuclear and the signing of the shareholder declaration by the two companies, Nuclearelectrica & Nova Power & Gas. The project is an example of the fruitful relations between Romania and the United States in the field of nuclear energy, which bring many benefits, including economic stability and energy security. I thank our U.S. partners and U.S. State Department Under Secretary for Economic Growth, Energy, and Environment Jose W. Fernandez for their support and endorsement of bilateral cooperation for programs. of nuclear energy. Furthermore, I would like to reiterate that the Romanian government supports this important project which will contribute to achieving energy security and energy independence for our country and our neighboring countries,” said Virgil Popescu, Romanian Minister of Energy.

Project company RoPower Nuclear SA, equally owned by SC Nuclearelectrica SA and Nova Power & Gas SA, will take steps to deploy the first NuScale VOYGR-6 (462 MWe) power plant in Romania this decade. The plant will use NuScale Power Module technology from NuScale, the only SMR company to have received design approval from the US Nuclear Regulatory Commission. The installed capacity can also be supplemented by renewable energies with a capacity of c. 80MWe, which would make the new energy complex exceed the capacity of the old Doicesti plant. The joint nuclear-renewable solution would represent not only an optimal production capacity, with the possibility of varying the yield, but also a vision of the sources of production for the electricity network of tomorrow.

“We are proud to develop a safe power plant in Romania that offers clean and cost-effective energy, at the same time bringing multiple benefits to the local community. With energy independence and energy security as the highest goals, Romania will be a leader for the deployment of small modular reactors in the region and the new company, RoPower Nuclear, an example of best practices in the implementation of standards nuclear safety, performance and productivity, following the example of Cernavoda NPP for more than 25 years. », Cosmin Ghita, CEO of Nuclearelectrica.

“The RoPower Nuclear shareholder statement, signed today, reaffirms the good faith of the two partners, Nuclearelectrica and Nova Power & Gas, for the deployment in Romania of the NuScale small modular reactors (SMR). At the same time, it is the guarantee that we will treat this project with the utmost seriousness. The long cooperation between the United States and Romania in the nuclear field has a very successful track record. Thus, I am firmly convinced that RoPower Nuclear will have excellent cooperation with the American nuclear industry and the Romanian industry, within the framework of the USA-Romania strategic partnership, providing clean energy and security of supply for our country and the region. ” – Teodor Chirica, Chairman of the Board, Nuclearelectrica

“RoPower Nuclear, the joint venture between Nuclearelectrica, a Romanian national company and Nova Power & Gas, a Romanian private company, combining the expertise, potential, stability and agility of the parent companies, could be a model for other futures. energy projects. We are very proud to be part of such a transformative project, which will guarantee Romania’s energy security,” said Teofil Mureșan, President of Nova Power & Gas.

The Doicesti candidate site was selected following an extensive study based on a $1.2 million grant obtained by Nuclerelectrica from USTDA to identify and evaluate potential sites for small modular reactors. Additionally, in August 2022, at the request of Nuclearelectrica, the International Atomic Energy Agency (IAEA) conducted a Site Design Review and External Events (SEED) mission to assess the process. which was followed to choose the first small modular reactors (SMR) site of Doicesti, Dambovita county, Romania. Following the mission, the IAEA confirmed: “This comprehensive review will provide assurances to the Romanian public and beyond regarding the selection of the SMR site”, Paolo Contri, team leader for the review and head of section for events external to the IAEA Department of Nuclear Safety and Security. .

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