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Romanian state-owned nuclear power company Nuclearelectrica has signed a memorandum of understanding with local and international partners on a project to install small modular reactors (SMRs) in Romania and across the region, BalkanEngineer.com has learned from Balkangreenenergynews.com.
The deal envisages the deployment of VOYGR SMRs, NuScale's installations, at the former coal-fired power plant at Docesti in Romania and elsewhere in Central and Eastern Europe. The VOYGR technology was developed by United States-based NuScale Power, one of the partners that signed the memorandum.
The other signatories are Romanian companies E-Infra and Nova Power and Gas, Fluor Enterprises of the United States, and Samsung C&T Corp. of South Korea.
The U.S. plans to help finance up to $275 million for the small modular reactor that NuScale plans to install in Romania, according to a statement released at the recent G-7 leaders' summit in Hiroshima, Japan. SMR is still an emerging technology, mostly applied in pilot projects, but recent advances, combined with the impact of the energy crisis, have strengthened political support for a nuclear renaissance in Europe.
Following the signing of the memorandum in Bucharest, Nuclearelectrica's CEO, Cosmin Gita, described the project as "an unprecedented effort of international cooperation, fully dedicated to meeting energy needs and decarbonisation". He said it would ensure energy security, local and regional development, redevelopment of former coal facilities and a host of economic and social benefits. "When completed, the plant in Docesti will be able to produce up to 462 MW. With this project, Romania will become a leader in advancing Europe's critical energy security and decarbonization goals," said Jim Breuer, head of energy solutions at NuScale Power.
Photo source: nuclearelectrica.ro