Subscribe free to our newsletters via your
. Energy News .




CIVIL NUCLEAR
China's Guangdong mulls investing in Romanian nuclear plant
by Staff Writers
Bucharest (AFP) Oct 30, 2012


China's Guangdong Nuclear Power Group has shown interest in building two new reactors at Romania's sole nuclear power plant, deputy economy minister Rodin Traicu said Tuesday.

"The Chinese company could invest up to 40 percent of the funds needed for the third and fourth reactors," Traicu told a press conference after returning from a visit to China.

He added that Guangdong could be involved in conventional areas of the work and provide electric equipment, turbines and generators.

The cost of two new reactors of the Cernavoda plant, in southeastern Romania, has been estimated at around $5.1 billion.

Romania has been looking for private investors to finance the extension of Cernavoda since four companies - CEZ (Czech Republic), GDF Suez (France), RWE (Germany) and Iberdrola (Spain) - pulled out of the project in 2010.

Those companies complained of a lack of predictability in the project.

Their withdrawal left the Romanian group Nuclearelectrica with an 84.65 percent stake in the plant. The Italian energy group Enel holds 9.15 percent and ArcelorMittal's Romanian subsidiary owns 6.2 percent.

Two reactors are currently operating at Cernavoda, providing about 18 percent of the country's electricity.

Traicu said he had also invited Chinese companies to build thermal and hydro-electric plants in Romania at an estimated cost of $3.0 billion.

.


Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








CIVIL NUCLEAR
Slovenian nuclear plant resumes output after preventive shut down
Ljubljana (AFP) Oct 30, 2012
Slovenia's only nuclear power plant resumed energy production on Tuesday after a preventive shut down as the Sava river - which is used to cool down the plant - was clogged up by leaves and rubbish. "The Krsko nuclear power plant was connected to the energy network after all the equipment's check-ups were carried out and the situation was evaluated," the operator of the Krsko nuclear plant ... read more


CIVIL NUCLEAR
Efforts to mitigate climate change must target energy efficiency

Poland hails carbon allowances compromise

Global headwinds trouble India's Suzlon

China energy giant Sinopec sees Q3 net profit fall

CIVIL NUCLEAR
China completes shale bidding

Oil prices drop as hurricane blasts US East Coast

Obama shows support for natural gas

Crude down in Asia as hurricane threatens US

CIVIL NUCLEAR
China backs suit against Obama over wind farm deal

DNV KEMA awarded framework agreement for German wind project developer SoWiTec

Sandia Labs benchmark helps wind industry measure success

Bigger wind turbines make greener electricity

CIVIL NUCLEAR
Tokelau achieves renewable power

Next-generation antireflection coatings could improve solar photovoltaic cell efficiency

Scientists demonstrate high-efficiency quantum dot solar cells

ABC SOLAR To Develop FIT Power Generation Plants In Japan; Inks MOU With European Firms

CIVIL NUCLEAR
China's Guangdong mulls investing in Romanian nuclear plant

Alert as Sandy drenches US nuclear plant

Hurricane forces three US reactors shut

Chile thinking again of nuclear power use

CIVIL NUCLEAR
New enzyme 'produces more fuel from less corn,' Danish company says

Scientists build 'nanobowls' to protect catalysts needed for better biofuel production

Boeing-COMAC Technology Center Announces First Biofuel Research Project

Serbia marks opening of new biogas plant

CIVIL NUCLEAR
China to launch 11 meteorological satellites by 2020

China makes progress in spaceflight research

Patience for Tiangong

China launches civilian technology satellites

CIVIL NUCLEAR
Link between cyclones, climate change unclear: scientists

Feeling hot, hot, hot

EU on track to exceed Kyoto emissions goal

EU on track for Kyoto and 2020 emissions targets




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement