Friday, January 21, 2011

Romania to Build Second Nuclear Plant by 2025, Adevarul Says

Romania plans to build a nuclear power plant by 2025 and two reactors at the existing Cernavoda plant by 2020, newspaper Adevarul reported today, citing a government draft energy paper.

The Economy Ministry plans to build a second nuclear plant with one reactor with a capacity of 1,100 megawatts and cogeneration units with a total capacity of 1,820 megawatts by 2020, the newspaper reported, citing the first draft of the 2011-2035 strategy document it obtained.

The country’s energy sector needs investments worth as much as 40 billion euros ($54 billion) by 2035 to build plants with a total capacity of 14,800 megawatts, out of which 9 billion euros should go into wind energy production units, according to the newspaper.

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez in Prague atjagomez@bloomberg.net

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