*Minister Andrei Gerea is optimistic *Memorandum with China Nuclear Power Engineering Company (CNPEC) will be signed next month, during PM Victor Ponta’s visit to Beijing
The signing of the Memorandum on the construction of reactors 3 and 4 at the Cernavoda nuclear power plant could take place in November, and the construction works could start two years from now, Energy, SMEs and Business Environment Minister Andrei Gerea stated on Monday at a press conference.
“It’s good that we managed to reach an agreement on signing that Memorandum, because it was extraordinarily difficult here. First of all, it’s an extraordinarily high investment and it’s difficult to find such investments during this period. The pretensions were high on both sides, [there were] certain obstacles stemming from European legislation too, so on and so forth. The important thing is that we have overcome this year and we have agreed,” Andrei Gerea said.
According to the minister, the signing of the Memorandum could take place in November, during Premier Victor Ponta’s visit to China.
Gerea explained that after the Memorandum is signed certain steps will have to be taken, such as preparing the investment side, with the construction works set to start two years from now.
Nuclearelectrica is interested in developing reactors 3 and 4 at the Cernavoda nuclear power plant because this is the only long-term strategic project that can meet both the price and domestic consumption needs, Nuclearelectrica Director General Daniela Lulache stated on September 18 at round table talks organized by the Romanian Atomic Forum (ROMATOM), talks that tackled the future of the Romanian nuclear programme.
“Nuclearelectrica is interested in developing the nuclear reactors 3 and 4 project at Cernavoda since it is currently the only long-term strategic project that can meet both the price and domestic consumption needs, as well as the European Union’s energy policy and strategy and carbon emission targets. On the basis of its energy strategy 2030, the European Union has expressed its determined support for the Energy Union, which emphasizes the need to boost domestic production from clean sources,” Lulache said.