Nuclearelectrica responds to PM’s scepticism over SMR financing: “Energy mix is not about lowest cost”
Romanian state-controlled nuclear producer Nuclearelectrica (BVB: SNN) has responded to scepticism voiced by prime minister Ilie Bolojan and other senior officials regarding the financing of the planned small modular reactor (SMR) project…
iulian ernst · Journalist
· Updated · 2 min read
Romanian state-controlled nuclear producer Nuclearelectrica (BVB: SNN) has responded to scepticism voiced by prime minister Ilie Bolojan and other senior officials regarding the financing of the planned small modular reactor (SMR) project at Doicești, estimated to cost USD 6–7 billion for a 462MW capacity.
The figure is comparable to the estimated EUR 7 billion required for Units 3 and 4 at the Cernavodă nuclear plant, which would add a combined 1,400 MW of capacity - raising questions about the relative cost-efficiency of the SMR project.
