Nuclearelectrica

SN "Nuclearelectrica" ​​SA is a Romanian state-owned company focusing on the production of electricity, heat and nuclear fuel. The company was registered on July 2, 1998, at the Romanian Trade Register of the Chamber of Commerce and Industry. Nuclearelectrica is under the authority of the Romanian Ministry of Energy, with the state holding 82.49% of shares, Fondul Proprietatea, 7.47% and other shareholders, 10.04%.

Nuclearelectrica is split into 2 branches:

• Cernavoda CNE operates reactor units 1 and 2 at the Cernavodă Nuclear Power Plant as well as auxiliary services.
• FCN Pitesti branch, a qualified nuclear fuel factory

The Cernavodă Nuclear Power Plant was designed with an initial profile of five reactors with Canadian technology, of CANDU type, with installed power of approximately 700 MW each. Until now (December 2020), 2 units have been built. Unit 1, which became commercially operational in 1996, and Unit 2, which became commercially operational in 2007, collectively ensure approximately 18% of the energy necessities of the country. The power plant began construction during the Nicolae Ceaușescu era and had several delays for various reasons. There are often proposals to finish construction of the partially built units 3, 4 and 5 either in cooperation with Candu Energy (current owner of CANDU technology patents and marketing rights) or some other pressurized heavy water reactor manufacturer. A contract between Candu Energy and EnergoNuclear, a partially owned subsidiary of Nuclearelectrica set up in 2009 to determine the future of Cernavodă units 3 and 4, to finish construction of those reactors was finally signed in late 2021

he nuclear fuel plant Pitești FCN manufactures nuclear fuel bundles of type CANDU 6 that are necessary for the operation and production of electricity in Units 1 and 2 at Cernavodă, and in the future by doubling the production capacity, it will provide nuclear fuel also for units 3 and 4.

By the Resolution of the General Assembly of Shareholders of SNN of November 2013, the termination of the works at Unit 5 as a nuclear unit and changing its destination in order to use the existing structures in other activities of SNN.

The development of Units 3 and 4 of CNE Cernavodă is part of the energy strategy of Romania until 2030, with year 2050 as a reference, and from the National Integrated Plan in the Field of Energy and Climate Change, as nuclear energy represents a pillar of decarbonization and ensuring the energy independence of Romania.

Also, SNN is implementing the project of refurbishing Unit 1, a project which involves the extension of the lifecycle of the unit by another 30 years, under the same nuclear safety conditions

Majority state owned company - 82,49% owned by the Romania state through the Ministry of Energy, 17.50% other shareholders