CERNAVODA, Romania — A row of hulking concrete domes loom along the Danube-Black Sea Canal in Cernavoda, about two hours east of Bucharest. Two of the structures house nuclear reactors feeding Romania’s electrical grid. Two others were begun decades ago and are still waiting for completion — though, perhaps, not for long.
“We have major plans,” said Valentin Nae, the site director.
The nuclear complex was conceived during the regime of Nicolae Ceausescu, the Communist dictator who ran Romania for a quarter century before he was overthrown and executed in 1989. Mr. Ceausescu’s strategy was to insulate Romania from the influence of the Soviet Union by having it generate its own electricity.
More than 30 years on, as much of Europe looks to cut ties to Russia’s energy, Romania is benefiting from Mr. Ceausescu’s thinking. The two reactors very cheaply supply about 20 percent of Romania’s electricity.
Russia’s invasion of Ukraine, which shares a nearly 400-mile border with Romania, has strengthened Romania’s push for energy independence. Its ambitious energy plans include completing two of the Cernavoda plants and leading the way into a new type of nuclear technology called small modular reactors. It also wants to take full advantage of substantial offshore gas fields in the deep waters of the Black Sea.
Some see Romania, a nation of 21 million roughly the size of Oregon, as having the potential to become a regional energy powerhouse that could help wean neighbors in eastern and southern Europe from dependence on Moscow. It is a goal shared in Washington and among some investors, who see business and strategic opportunities in a corner of the world that has flared hot in recent months.
The owner of the Cernavoda nuclear complex, a state-controlled company called Nuclearelectrica, plans to spend up to 9 billion euros ($9.5 billion) on nuclear initiatives this decade.
“For Romania, I will definitely tell you, these projects are super important,” said Cosmin Ghita, Nuclearelectrica’s chief executive. Mr. Ghita said nuclear power could help Romania achieve a variety of goals, from reducing carbon emissions to “countering Russian aggression in the region” on energy matters.
The war in Ukraine has created momentum to break years of stalemate and step up drilling in the Black Sea to unlock potentially rich troves of natural gas that Romania could export.
“We will supply energy security for the neighborhood,” Virgil-Daniel Popescu, Romania’s energy minister, said in an interview after lawmakers passed legislation designed to encourage investment in gas production.
Yet working in Romania will probably prove to be a challenge for companies from the United States and other Western countries. The government has a reputation for greeting outside investors with cumbersome taxes and heavy-handed regulations. These policies, perhaps a result of fears that Romanian consumers would end up paying too much as energy giants took home hefty profits, have probably driven outside companies away.
Last month, for example, Exxon Mobil sold its 50 percent stake in Neptun Deep, a Black Sea project that had been heralded as potentially the largest new natural gas production field in the European Union. Exxon’s brief announcement said the company wanted to focus on projects with “a low cost of supply.” Romania’s tax regime is considered Europe’s toughest.
Romania’s petroleum industry is one of the world’s oldest, dating to the drilling of wells as far as back the 1860s and centered on the vibrant hub of Ploiesti, about 35 miles north of Bucharest. While the venerable oil fields are on the wane, industry executives say drilling in the Black Sea could produce enough natural gas to turn Romania, now a modest importer, into the largest producer in the European Union.
“The opportunity resides in the offshore,” said Christina Verchere, chief executive of OMV Petrom, Romania’s largest oil and gas company.
Romania also has dams generating nearly 30 percent of the country’s electricity. And the nuclear industry, employing around 11,000, receives high marks from the global industry.
“They are a terrific operator; they know what they are doing,” said Carl Marcotte, senior vice president for marketing and business development at SNC-Lavalin, a Canadian company that owns the Cernavoda reactor technology and is involved in the upgrade.
This potential has drawn the interest of the United States. In 2020, with encouragement from the Trump administration, Romania broke off negotiations with China to complete the reactors at Cernavoda and turned to Washington as its main source of nuclear support.
While plans for Cernavoda are grinding forward, the Romanian government and the Biden administration announced in May a preliminary agreement to build a so-called small modular reactor at the site of a shuttered coal-fired power plant.
The provider would be an Oregon company, NuScale Power, which has received more than $450 million in support from Washington to develop what the nuclear industry hopes will be a new technology to revive reactor building.
The idea is to build components for the plants in factories and then assemble them at the site with the hope of cutting the enormous costs and long construction times that have hampered the nuclear industry. Over time, these reactors could provide European countries with an alternative to polluting coal and imported gas from Russia.
“Europe must find trusted sources of clean and reliable energy, sources free of coercion and malign political influence,” said David Muniz, the chargé d’affaires at the U.S. Embassy in Bucharest, at a news conference announcing the NuScale deal.
For a country like Romania with a well-trained, low-cost work force, experts say, making equipment for this new type of reactor could turn into an export industry, not to mention the chance to export surplus electricity.
“I believe it is an immense opportunity,” said Ted Jones, senior director for strategic and international programs at the Nuclear Energy Institute, an industry group in Washington.
Very nice! Everything that benefits the rising economies of the EU without being detrimental to the established economies is a win-win.
I would love to see Romania become an exporter of nuclear technology as well.
With two nuclear reactors, we’re a potential “energy powerhouse in Eastern and Southern Europe”.
Meanwhile France has 60 nuclear reactors, and the US around 100.
Makes you think about how different things are in eastern europe.
It’s a shame, to some extent, we Ukraine was going to do this, it was one of our Goals of joining the European Union to become a huge supplier of electricity, we built two nuclear power plants on the border with Poland. although now we will have to redistribute resources very strongly.
>More than 30 years on, as much of Europe looks to cut ties to Russia’s energy, Romania is benefiting from Mr. Ceausescu’s thinking.
“Mr. Ceaușescu’s” asshole of a son supposedly said:
>Not even in 20 years will you be able to paint over what my father has built.
How shameful it is to admit that he was wrong, he was entirely too generous. It has been over 30 years and we still rely on what is left from that era (and most of it could really use a fresh coat of paint). The NPP was supposed to have 5 reactors, it has just 2, because they were somewhat close to completion anyway. Aside from those 2 we weren’t able to build anything. What a joke of an article. Romania doesn’t have 21 million people and our leadership is made up exclusively of idiots who will never be able to build anything.
6 comments
CERNAVODA, Romania — A row of hulking concrete domes loom along the Danube-Black Sea Canal in Cernavoda, about two hours east of Bucharest. Two of the structures house nuclear reactors feeding Romania’s electrical grid. Two others were begun decades ago and are still waiting for completion — though, perhaps, not for long.
“We have major plans,” said Valentin Nae, the site director.
The nuclear complex was conceived during the regime of Nicolae Ceausescu, the Communist dictator who ran Romania for a quarter century before he was overthrown and executed in 1989. Mr. Ceausescu’s strategy was to insulate Romania from the influence of the Soviet Union by having it generate its own electricity.
More than 30 years on, as much of Europe looks to cut ties to Russia’s energy, Romania is benefiting from Mr. Ceausescu’s thinking. The two reactors very cheaply supply about 20 percent of Romania’s electricity.
Russia’s invasion of Ukraine, which shares a nearly 400-mile border with Romania, has strengthened Romania’s push for energy independence. Its ambitious energy plans include completing two of the Cernavoda plants and leading the way into a new type of nuclear technology called small modular reactors. It also wants to take full advantage of substantial offshore gas fields in the deep waters of the Black Sea.
Some see Romania, a nation of 21 million roughly the size of Oregon, as having the potential to become a regional energy powerhouse that could help wean neighbors in eastern and southern Europe from dependence on Moscow. It is a goal shared in Washington and among some investors, who see business and strategic opportunities in a corner of the world that has flared hot in recent months.
The owner of the Cernavoda nuclear complex, a state-controlled company called Nuclearelectrica, plans to spend up to 9 billion euros ($9.5 billion) on nuclear initiatives this decade.
“For Romania, I will definitely tell you, these projects are super important,” said Cosmin Ghita, Nuclearelectrica’s chief executive. Mr. Ghita said nuclear power could help Romania achieve a variety of goals, from reducing carbon emissions to “countering Russian aggression in the region” on energy matters.
The war in Ukraine has created momentum to break years of stalemate and step up drilling in the Black Sea to unlock potentially rich troves of natural gas that Romania could export.
“We will supply energy security for the neighborhood,” Virgil-Daniel Popescu, Romania’s energy minister, said in an interview after lawmakers passed legislation designed to encourage investment in gas production.
Yet working in Romania will probably prove to be a challenge for companies from the United States and other Western countries. The government has a reputation for greeting outside investors with cumbersome taxes and heavy-handed regulations. These policies, perhaps a result of fears that Romanian consumers would end up paying too much as energy giants took home hefty profits, have probably driven outside companies away.
Last month, for example, Exxon Mobil sold its 50 percent stake in Neptun Deep, a Black Sea project that had been heralded as potentially the largest new natural gas production field in the European Union. Exxon’s brief announcement said the company wanted to focus on projects with “a low cost of supply.” Romania’s tax regime is considered Europe’s toughest.
Romania’s petroleum industry is one of the world’s oldest, dating to the drilling of wells as far as back the 1860s and centered on the vibrant hub of Ploiesti, about 35 miles north of Bucharest. While the venerable oil fields are on the wane, industry executives say drilling in the Black Sea could produce enough natural gas to turn Romania, now a modest importer, into the largest producer in the European Union.
“The opportunity resides in the offshore,” said Christina Verchere, chief executive of OMV Petrom, Romania’s largest oil and gas company.
Romania also has dams generating nearly 30 percent of the country’s electricity. And the nuclear industry, employing around 11,000, receives high marks from the global industry.
“They are a terrific operator; they know what they are doing,” said Carl Marcotte, senior vice president for marketing and business development at SNC-Lavalin, a Canadian company that owns the Cernavoda reactor technology and is involved in the upgrade.
This potential has drawn the interest of the United States. In 2020, with encouragement from the Trump administration, Romania broke off negotiations with China to complete the reactors at Cernavoda and turned to Washington as its main source of nuclear support.
While plans for Cernavoda are grinding forward, the Romanian government and the Biden administration announced in May a preliminary agreement to build a so-called small modular reactor at the site of a shuttered coal-fired power plant.
The provider would be an Oregon company, NuScale Power, which has received more than $450 million in support from Washington to develop what the nuclear industry hopes will be a new technology to revive reactor building.
The idea is to build components for the plants in factories and then assemble them at the site with the hope of cutting the enormous costs and long construction times that have hampered the nuclear industry. Over time, these reactors could provide European countries with an alternative to polluting coal and imported gas from Russia.
“Europe must find trusted sources of clean and reliable energy, sources free of coercion and malign political influence,” said David Muniz, the chargé d’affaires at the U.S. Embassy in Bucharest, at a news conference announcing the NuScale deal.
For a country like Romania with a well-trained, low-cost work force, experts say, making equipment for this new type of reactor could turn into an export industry, not to mention the chance to export surplus electricity.
“I believe it is an immense opportunity,” said Ted Jones, senior director for strategic and international programs at the Nuclear Energy Institute, an industry group in Washington.
Very nice! Everything that benefits the rising economies of the EU without being detrimental to the established economies is a win-win.
I would love to see Romania become an exporter of nuclear technology as well.
With two nuclear reactors, we’re a potential “energy powerhouse in Eastern and Southern Europe”.
Meanwhile France has 60 nuclear reactors, and the US around 100.
Makes you think about how different things are in eastern europe.
https://www.youtube.com/watch?v=EIWHvPP0U64
It’s a shame, to some extent, we Ukraine was going to do this, it was one of our Goals of joining the European Union to become a huge supplier of electricity, we built two nuclear power plants on the border with Poland. although now we will have to redistribute resources very strongly.
>More than 30 years on, as much of Europe looks to cut ties to Russia’s energy, Romania is benefiting from Mr. Ceausescu’s thinking.
“Mr. Ceaușescu’s” asshole of a son supposedly said:
>Not even in 20 years will you be able to paint over what my father has built.
How shameful it is to admit that he was wrong, he was entirely too generous. It has been over 30 years and we still rely on what is left from that era (and most of it could really use a fresh coat of paint). The NPP was supposed to have 5 reactors, it has just 2, because they were somewhat close to completion anyway. Aside from those 2 we weren’t able to build anything. What a joke of an article. Romania doesn’t have 21 million people and our leadership is made up exclusively of idiots who will never be able to build anything.