Nuclearelectrica

Nuclearelectrica is a state-owned company, its shares being held by the Ministry of Economy and Commerce, which has as main objective power generation with the only nuclear power plant in Romania.

Nuclearelectrica S.A.
State owned
Traded asBVB: SNN
IndustryElectricity
Founded1998 (1998)
Headquarters
Bucharest
,
Romania
Key people
Theodor Chirica (CEO)
RevenueUS$564 million (2007)
Number of employees
2,500 (2007)
Websitewww.nuclearelectrica.ro

Nuclearelectrica owns the Cernavodă Nuclear Power Plant which has 2 reactors and a total installed capacity of 1,411.6  MW and an annual average power production of 5.613 GWh meaning 19.4% [1]of the total national output of Romania.

The company is also undergoing negotiations for the construction of the 3 and 4 units at Cernavodă Nuclear Power Plant, project expected to cost around US$ 3.5 billion. On 7 March 2008, Nuclearelectrica, ArcelorMittal, CEZ, Electrabel, Enel, Iberdrola and RWE agreed to set up a company dedicated to the completion, commissioning and operation of the units 3 and 4. The company is expected to be registered in May 2008.[2]

In November 2015 Nuclearelectrica and the China General Nuclear Power Group signed an memorandum of understanding regarding the construction, operation and decommissioning of Cernavoda 3 and 4.[3]

See also

References
  1. "Percentage of the total production of electrical energy in Romania". SN Nuclearelectrica SA. 2012. Archived from the original on 10 July 2013. Retrieved 23 March 2014.
  2. "Draft agreement finalized for Romanian reactors". World Nuclear News. 7 March 2008. Archived from the original on 14 April 2016. Retrieved 7 March 2008.
  3. "Romania and USA agree to nuclear cooperation". World Nuclear News. 26 September 2019. Retrieved 26 September 2019.

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