Project company

USTDA awards $14 million grant to RoPower, Nuclearelectrica’s SMR project company


The United States Trade and Development Agency (USTDA) has provided a US$14 million grant to support RoPower Nuclear SA (RoPower), the project company for the development of small modular reactors (SMR), recently created by Nuclearelectrica and Nova Power&Gas.

According to a statement from SN Nuclearelectrica SA, the grant will be used for the Initial Engineering and Design Study (FEED) to advance the development project of Romania’s first SMR nuclear power plant.

“The Preliminary Study will include key project development elements such as a layout and land plan for the site, a budget estimate and an environmental impact analysis execution plan. The FEED Study builds on a recently completed US$1.2 million USTDA study that identified sites, technology options and a licensing roadmap for the SMR project.The FEED study will incorporate recommendations from the SEED mission (Site and External Events Design) of the International Atomic Energy Agency (IAEA) requested by Nuclearelectrica in August 2022”, according to the Liberation.

Nuclearelectrica CEO Cosmin Ghita said that thanks to this new USRDA grant, Romania is seen as a reliable and experienced partner to implement Europe’s first SMR.

“The first power plant based on the NuScale SMR design is expected to enter service in the United States by the end of the decade. The USTDA-funded FEED study will facilitate the deployment of this design in Romania by focusing on its site-specific requirements at the preferred site of the Doicesti Power Plant, which is the location of a former coal-fired power plant,” the statement reads.

Nuclearelectrica mentions that the SMR plant, which would also be the first in Europe, will contribute to the achievement of Romania’s clean energy transition and energy security objectives. RoPower, Nuclearelectrica’s SMR project company, selected Oregon-based NuScale Power OVS, LLC to conduct the FEED study. The U.S. Department of State contributed funding for the USTDA grant award.

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