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Romania terminates deal with China for Cernavoda nuclear expansion

17 Jun 2020

The Ministry of Energy of Romania has instructed the Societatea Nationala Nuclearelectrica (SNN, 82.5% state-owned) to terminate all deals and negotiations with China General Nuclear Power Corporation (CGN) and CGN Central and Eastern Europe Investment (CEERI). The three parties signed a preliminary agreement in May 2019 to establish a joint project company (51% CGN, 49% Nuclearelectrica) for the construction of Units 3 and 4 at the Cernavoda nuclear power plant in Romania. CGN would then have been a strategic investor in the construction of two Candu 6 nuclear reactors with an installed capacity of 700 MW each and a lifespan of 30 years extendable by another 25 years.

In January 2020, the Romanian government announced that it would award the contract for Cernavoda Units 3 and 4 to companies from NATO and EU member countries. The same month, SNN awarded a US$10.8m (€9.7m) contract to Candu Energy, a subsidiary of SNC-Lavalin, for engineering analyses and assessments of the 650 MW Cernavoda Unit 1 Candu nuclear reactor, with the objective of extending the lifetime of the plant by another 35,000 hours. Such an extension will allow the Cernavoda Unit 1 to continue operating safely until it is ready for refurbishment in 2026.

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