Romania to exit deal with Chinese company for new nuclear reactors

Romania’s Government will exit the deal with the Chinese partner for the construction of reactors 3 and 4 at the Cernavoda nuclear power plant, prime minister Ludovic Orban announced in an interview with Hotnews.ro, Romania Insider reads.

“It is clear to me that the partnership with the Chinese company is not going to work,” Orban said, adding that the Government has already started to look for a new partner and financing for this project.

He also said that all the new projects in Romania’s energy sector will depend on the European Union’s Green Deal from now on, an initiative aimed at reducing CO2 emissions in the EU.

In 2015, Romanian state-owned electricity producer Nuclearelectrica, the company that operates the Cernavoda nuclear power plant, signed a memorandum of understanding with China General Nuclear Power Corporation (CGN) for the construction of two new reactors (3 and 4).