Nuclearelectrica

Biden Administration Announces Global Public-Private Commitment Up to $275 Million to Advance NuScale VOYGRTM Deployment in Romania at G7 Leaders Summit

Retrieved on: 
Monday, May 22, 2023
Nuclear, Public Policy, Government, Energy, White House, Federal Government, Letter, Partnership, NuScale Power, Interest, Watt, Partnership for Global Infrastructure and Investment, EXIM, Joe Biden, Environmental policy of the Joe Biden administration, FEED, Multilateralism, Coal, DFC, E2, Rolls-Royce SMR, Korea, Investment, Emirates Nuclear Energy Corporation, U.S. International Development Finance Corporation, SMR, NYSE, Renewable energy, Nuclearelectrica

On the margins of the G7 Leaders Summit in Hiroshima, Japan, the Biden Administration announced, along with multinational partners, intentions to provide up to $275 million to advance the deployment of a NuScale Power Corporation (NYSE: SMR) VOYGR™ small modular reactor (SMR) power plant in Romania.

Key Points: 
  • On the margins of the G7 Leaders Summit in Hiroshima, Japan, the Biden Administration announced, along with multinational partners, intentions to provide up to $275 million to advance the deployment of a NuScale Power Corporation (NYSE: SMR) VOYGR™ small modular reactor (SMR) power plant in Romania.
  • The Biden Administration’s announcement was a part of the G7 Leaders’ commitment to mobilize $600 billion in infrastructure investments under the Partnership for Global Infrastructure and Investment.
  • Earlier this month, NuScale and Nuclearelectrica opened the first international NuScale Energy Exploration Center (E2 Center) in Europe, in collaboration with the U.S. and Romanian governments.
  • The E2 Center’s opening highlights the rapidly growing global support for NuScale as a clean energy leader.

University Politehnica of Bucharest Opens First International NuScale Power Energy Exploration Center

Retrieved on: 
Friday, May 12, 2023
Energy, University, Nuclear, Utilities, Education, Workforce, NuScale Power, International, U.S. Department of Defense Strategy for Operating in Cyberspace, Watt, Complementarity, DOS, Government, Organization, School, Student, Nuclear energy, Rolls-Royce SMR, E2, FIRST, SMR, Bureau of International Security and Nonproliferation, NYSE, Safety, United, Renewable energy, Doicești, Nuclearelectrica

NuScale Power Corporation (NYSE: SMR) announced today the opening of a NuScale Energy Exploration Center (E2 Center) at University Politehnica of Bucharest in support of a collaboration with the United States and Romanian governments, and S.N.

Key Points: 
  • NuScale Power Corporation (NYSE: SMR) announced today the opening of a NuScale Energy Exploration Center (E2 Center) at University Politehnica of Bucharest in support of a collaboration with the United States and Romanian governments, and S.N.
  • FIRST supports partner countries in advancing their nuclear energy programs to meet their clean energy goals under the highest international standards for nuclear safety, security, and nonproliferation.
  • “Nuclear energy and SMRs are included in Romania’s energy strategy as a main pillar for energy security and reaching our decarbonation targets.
  • The University Politehnica of Bucharest is one of the elite schools of the Romanian higher education system.

SNC-Lavalin Continues to Advance Romanian Nuclear Refurbishment with $65 Million Contract

Retrieved on: 
Tuesday, March 7, 2023
Nuclear, Life, Engineering, Bruce Power, Tax, Specialization, Coal, CANDU, Unit, GE, SNC, Rejseholdet, Partnership, General Electric, TSX, Investment, Electricity, SNC-Lavalin, Embalse, Nuclearelectrica, Cernavodă, SNN, Organization, Uranium mining, Renewable energy

The two-year mandate, worth roughly $65 million, will see SNC-Lavalin perform long lead and front-end engineering services for the utility.

Key Points: 
  • The two-year mandate, worth roughly $65 million, will see SNC-Lavalin perform long lead and front-end engineering services for the utility.
  • This is in preparation for the upcoming Cernavoda Unit 1 Refurbishment project, which would see the reactor's operating life extended to 2060.
  • The two CANDU units at the facility supply 20% of Romania's electricity, providing an emissions-free, low cost, energy-secure, and uninterrupted flow of power to Romanian consumers and businesses.
  • The Romanian government and SNN have also signaled their intent to complete Units 3 and 4 at Cernavoda .

NuScale Power and RoPower Announce Signing of the Contract for Phase 1 of Front-End Engineering and Design Work for First SMR Power Plant in Romania

Retrieved on: 
Wednesday, January 4, 2023
Engineering, Other Energy, Utilities, Manufacturing, Alternative Energy, Energy, Nuclear, Partnership, Front-end loading, Doicești Power Station, FEED, Research, Multimedia, Engineering, NuScale Power, SMR, Renewable energy, Doicești, Nuclearelectrica

NuScale Power, LLC (NuScale) and Romania’s RoPower Nuclear S.A. (RoPower), owned in equal shares by S.N.

Key Points: 
  • NuScale Power, LLC (NuScale) and Romania’s RoPower Nuclear S.A. (RoPower), owned in equal shares by S.N.
  • Nuclearelectrica S.A. and Nova Power & Gas S.A., announced today that a contract for Front-End Engineering and Design (FEED) work was signed between parties on December 28, 2022, marking a significant step toward the deployment of a NuScale VOYGR™ small modular reactor (SMR) power plant in Romania.
  • View the full release here: https://www.businesswire.com/news/home/20230104005198/en/
    Phase 1 of the FEED work awarded to NuScale will define the major site and specific inputs for a VOYGR-6 SMR power plant to be deployed at the Doicesti Power Station site in Romania.
  • “The signing of the contract for FEED work follows nearly four years of collaboration, research, and studies to ensure we select the safest and most performing technology, as well as the appropriate site.

NuScale Power Announces First International E2 Center at Romania’s University Politehnica of Bucharest

Retrieved on: 
Monday, May 23, 2022
Nuclear, Energy, Utilities, NuScale Power, Nuclearelectrica, University, Plant, International, Sexual Assault Prevention Response (US military), United States Department of State, Multimedia, Electricity, Oregon State University, Goal, SMR, University of Idaho, Arms control, Texas A&M University, NPM, Workforce, Watt, U.S. Department of Defense Strategy for Operating in Cyberspace, Partnership, Forward-looking statement, Instagram, Politehnica University of Timișoara, Technology, Organization, FIRST, LinkedIn, Private Securities Litigation Reform Act, Twitter, Under Secretary of State for Arms Control and International Security Affairs, NYSE, Renewable energy, State, Facebook

NuScale Power LLC (NuScale) announced today its plans to open the fourth NuScale Energy Exploration Center (E2 Center) in collaboration with the U.S. and the Romanian governments.

Key Points: 
  • NuScale Power LLC (NuScale) announced today its plans to open the fourth NuScale Energy Exploration Center (E2 Center) in collaboration with the U.S. and the Romanian governments.
  • The NuScale small modular reactor (SMR) simulator will be installed at the University Politehnica of Bucharest to support workforce capacity building of Romanias next generation of nuclear experts, technologists and operators.
  • As the first E2 Center overseas, this collaboration highlights the rapidly growing global support for NuScale as the premier clean energy solution.
  • The E2 Center employs state-of-the-art computer modeling within a simulator of the NuScale SMR power plant control room.

NuScale Power Signs Agreement with Nuclearelectrica and Owner of Preferred Site for First SMR Site in Romania

Retrieved on: 
Monday, May 23, 2022
Other Energy, Technology, Utilities, Other Technology, Energy, Nuclear, NuScale Power, Knowledge, Aid, USTDA, Plant, Multimedia, Electricity, SMR, NPM, Watt, Industry, Partnership, United States Trade and Development Agency, Forward-looking statement, Instagram, Technology, Safety, LinkedIn, Private Securities Litigation Reform Act, Twitter, NYSE, Renewable energy, Doicești, Nuclearelectrica, Facebook

NuScale Power LLC (NuScale) announced today a Memorandum of Understanding (MOU) with Romanias state nuclear power corporation S.N.

Key Points: 
  • NuScale Power LLC (NuScale) announced today a Memorandum of Understanding (MOU) with Romanias state nuclear power corporation S.N.
  • Nuclearelectrica S.A. (Nuclearelectrica) to conduct engineering studies, technical reviews, and licensing and permitting activities at a site in Doicesti, Romania that is the preferred location for the deployment of the first NuScale VOYGR power plant.
  • View the full release here: https://www.businesswire.com/news/home/20220523005686/en/
    The announcement is a key advancement of NuScale and Nuclearelectricas teaming agreement signed last year, under which NuScale and Nuclearelectrica are taking steps toward deploying a first NuScale VOYGR-6 (6-module), 462 MWe, power plant in Romania.
  • The study was performed by U.S. firm Sargent & Lundy, and identified several potential suitable sites, including the Doicesti, Romania site, which Nuclearelectrica has determined to be the preferred location for the first SMR deployment.

NuScale and Nuclearelectrica Reach Agreement at COP26 to Initiate the Deployment of the First Small Modular Reactor in Europe

Retrieved on: 
Thursday, November 4, 2021
Alternative Energy, Energy, Environment, Nuclear, Utilities, Climate change, SMR, Industry, Electricity, COP26, Organization, CO2, United Nations Conference on Sustainable Development, Technology, Coal, United States Department of Energy, Instagram, Multimedia, NuScale Power, Coat of arms of the Romanian Ministry of Internal Affairs, Facebook, LinkedIn, CANDU, Lead, Program, LLC, Government, Nuclear energy, Twitter, Partnership, Carbon, Conference, Power plant engineering, MOU, History, National Railway, United Nations, Climate, Major Economies Forum on Energy and Climate Change, Renewable energy, NuScale Power, Nuclearelectrica, NUSCALE POWER, NUCLEARELECTRICA

Nuclearelectrica S.A. signed a teaming agreement to advance the deployment of NuScales innovative small modular reactor (SMR) technology.

Key Points: 
  • Nuclearelectrica S.A. signed a teaming agreement to advance the deployment of NuScales innovative small modular reactor (SMR) technology.
  • Under the teaming agreement, NuScale will help Nuclearelectrica evaluate its technology, and together, the organizations will take steps toward deploying a first NuScale 6-module, 462 MWe, power plant in Romania as early as 2027/2028.
  • This agreement follows a memorandum of understanding (MOU) signed between Nuclearelectrica and NuScale in 2019 to evaluate the development, licensing and construction of a NuScale SMR in Romania.
  • The new teaming agreement advances the commitment to facilitate the deployment of a NuScale SMR in Romania.

NuScale and Nuclearelectrica Team Up to Advance Clean Nuclear Technology in Romania

Retrieved on: 
Tuesday, November 2, 2021
Nuclear, Alternative Energy, Energy, Utilities, Nuclear energy, SMR, Technology, LinkedIn, United Nations Climate Change conference, United Nations, CANDU, Twitter, Climate change, NuScale Power, History, Power plant engineering, MOU, Partnership, U.S. Department of Defense Strategy for Operating in Cyberspace, National Railway, Conference, 2008 United Nations Climate Change Conference, LLC, Instagram, Electricity, Facebook, Multimedia, Program, COP26, Coat of arms of the Romanian Ministry of Internal Affairs, U.S. Department of Energy, Office of Inspector General, United Nations Conference on Sustainable Development, Renewable energy, NuScale Power, Nuclearelectrica, NUSCALE POWER, NUCLEARELECTRICA

Nuclearelectrica S.A., plan to build a first-of-a-kind small modular reactor (SMR) plant in Romania in partnership with U.S. NuScale Power, bringing the latest civil nuclear technology to a critical part of Europe.

Key Points: 
  • Nuclearelectrica S.A., plan to build a first-of-a-kind small modular reactor (SMR) plant in Romania in partnership with U.S. NuScale Power, bringing the latest civil nuclear technology to a critical part of Europe.
  • View the full release here: https://www.businesswire.com/news/home/20211102006199/en/
    As world leaders, government officials, non-governmental organizations, and scientists convene in Glasgow, Scotland to raise global climate ambition at this years United Nations Climate Change Conference (COP26), NuScale Power, the first and only small modular reactor to receive design approval from the U.S. Nuclear Regulatory Commission and Nuclearelectrica, the Romanian nuclear energy producer, will team up advance clean nuclear technology in Romania.
  • In 2019, NuScale and Nuclearelectrica signed a memorandum of understanding (MOU) to evaluate the development, licensing and construction of a NuScale SMR in Romania.
  • Nuclearelectrica has a major role at the national level, contributing over 18% of nuclear energy in total energy production and 33% in total CO2-free energy production in Romania.

Laurentis Energy Partners wins contract in Romanian CANDU refurbishment

Retrieved on: 
Thursday, February 18, 2021
Nuclearelectrica, Nuclear energy in France, Framatome, Electrica, SNN, Companies, Energy, Electrical engineering

BUCHAREST, Romania, Feb. 18, 2021 /CNW/ -Laurentis Energy Partners is pleased to announce a 3.156 million contract award, through its subsidiary Canadian Nuclear Partners, to support refurbishment at Romania's nuclear station in Cernavoda.

Key Points: 
  • BUCHAREST, Romania, Feb. 18, 2021 /CNW/ -Laurentis Energy Partners is pleased to announce a 3.156 million contract award, through its subsidiary Canadian Nuclear Partners, to support refurbishment at Romania's nuclear station in Cernavoda.
  • The contract from Romanian utility Societatea Nationala Nuclearelectrica (SNN), equivalent to about $4.86 million Canadian, calls on Laurentis to develop a conservation program, to protect the integrity of SNN's Unit 1 reactor while it is drained of water during refurbishment.
  • "The new contract in Romania is yet another success for Laurentis, as we grow our business in international markets as well as Canada," said Brian Fehrenbach, Senior Manager of Business Development at Laurentis Energy Partners.
  • The Laurentis contract with SNN includes a 1.5 million subcontract to Framatome, in Germany, to use their proprietary Film Forming Amine (FFA) technology.