Bogdan Tudorache

The shareholders approved on June 12 the new strategic investment plan of SN Nuclearelectrica for the period 2020-2025, told Energynomics Cosmin Ghiță, CEO of Nuclearelectrica. The value of investment projects, strictly in the period 2020-2025, according to the strategy and stages of implementation, is of 2.29 billion lei.

“We will make investments for which we already have a clear planning and implementation schedule. Large investment projects such as the refurbishment of Unit 1 and the detritification plant are in full swing. Much of the information accumulated in the analysis processes will be the basis for either the preparation of feasibility studies or the clear and irrevocable structuring of funding. The investment strategy for 2020-2025 was approved by shareholders on June 12.

“Part of the investments were already underway and are important investments for the company and which of course will be continued. What is new is the investment in the production of Cobalt 60 and a special emphasis on the investment in cyber security, which have become a priority,” said Cosmin Ghiță.

At the same time, he also said that SNN is preparing a new feasibility study for the construction of Unit 3 – scheduled by PNIESC to take place by 2030.

“The construction of a reactor is a possibility that both the Romanian state, through the relevant ministry and SNN have taken into account and communicated as such in the past. We will see, on concrete data, which will be the most advantageous option in terms of necessity, costs and time. We will initiate a Feasibility Study as soon as possible in order to have concrete data on the development of the project as soon as possible and to answer PNIESC as well. What is certain is that postponing the previous project was an impermissible solution that did not bring benefits to anyone,” added Ghiță, in an interview for Energynomics Magazine.