{"id":8571,"date":"2026-01-26T08:01:27","date_gmt":"2026-01-26T08:01:27","guid":{"rendered":"https:\/\/ofero.news\/?p=8571"},"modified":"2026-01-26T08:01:27","modified_gmt":"2026-01-26T08:01:27","slug":"romanias-nuclearelectrica-to-clear-investment-decision-on-smr-project-in-february","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=8571","title":{"rendered":"Romania&#8217;s Nuclearelectrica to clear investment decision on SMR project in February"},"content":{"rendered":"<p>At the request of the Romanian state as the main shareholder, the extraordinary shareholder meeting on February 12-13 at Nuclearelectrica (BVB: SNN) will vote on the final decision of the NuScale Small Modular Reactors (SMR) project, according to the company&#8217;s note to investors. According to a very rough estimate circulated in late 2024, the project would cost USD 4.9 billion, and no update is available.<\/p>\n<p>Energy minister Bogdan Ivan reaffirmed in December his support for the continuation of the SMR project in Doicesti. Following extensive discussions with the project company&#8217;s shareholders, a solution was reportedly identified to fully finance the current stage of development.<\/p>\n<p>The first small modular reactor could be operational in 2027-2028, the Romanian authorities promised.<\/p>\n<p>The decision &#8220;represents a significant step forward in the completion of a strategic energy project for Romania,&#8221; according to information sent by Nuclearelectrica, a shareholder of the project company. The Romanian state holds 82.5% in SNN.<\/p>\n<p>SNN owns half of the project company from Doice\u015fti, RoPower Nuclear, along with the private company Nova Power&amp;Gas, part of the E-INFRA group, <a href=\"https:\/\/www.profit.ro\/povesti-cu-profit\/energie\/foto-mini-reactoare-sua-la-doicesti-agentie-de-rating-decizia-finala-de-investitie-va-inlatura-plafonul-de-cheltuieli-al-nuclearelectrica-22322001?mc_cid=ad0c48fb9a&amp;mc_eid=cd1f92f96c\" target=\"_blank\">Profit.ro<\/a> reported.<\/p>\n<p>The project consists of six small modular reactors (SMRs) in Doice\u015fti, using a technology from the American company NuScale, which totals an installed capacity of 462 MW.<\/p>\n<p>The Ministry of Energy has estimated that the Doice\u0219ti project will need a budget of EUR 4.9 billion. The estimate made by the project developer and the technology owner is preliminary, the ministry said, disclosing the value could be underestimated by up to -50% and or overestimated by up to 30%.<\/p>\n<p>In November 2023, NuScale cancelled a similar 462 MWe project in the US. This came after the estimated investment costs for the CFPP were increased by more than 75%, from USD 5.3 billion to USD 9.3 billion.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: Nuclearelectrica.ro)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>At the request of the Romanian state as the main shareholder, the extraordinary shareholder meeting on February 12-13 at Nuclearelectrica (BVB: SNN) will vote on the final decision of the NuScale Small Modular Reactors (SMR) project, according to the company&#8217;s note to investors. According to a very rough estimate circulated in late 2024, the project [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8571","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/8571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8571"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/8571\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}