The original 2022 NuScale strategy therefore stays in force, but the project cannot enter Pre-EPC, the detailed phase before full engineering and construction, until the mandatory conditions are met.<\/p>\n\n\n\n
The same meeting produced a different long-term decision. Shareholders approved the launch of an auction process for 400 megawatts of round-the-clock electricity from 2027 through 2046, with an estimated minimum cumulative value of about $6.38 billion at the European Central Bank\u2019s July 23 reference rate. <\/p>\n\n\n\n
Also Read: This wasn’t a normal Saturday for Denmark: biogas alone covered the entire country’s gas use for the first time<\/a><\/h4>\n<\/div>\n<\/div><\/div>\n<\/div>\n\n\n\nThat contract is meant to support financing for the refurbishment of Cernavod\u0103 Unit 1, not the Doice\u0219ti project, but the contrast is hard to miss.<\/p>\n\n\n\n
Shareholders reject a wider review<\/h2>\n\n\n\n
Nuclearelectrica\u2019s proposal was not a plan to abandon NuScale. It sought permission to compare other SMR technologies, generation capacities, sites, fuel dependencies, project maturity and deployment scenarios while keeping the current option on the table. <\/p>\n\n\n\n
The company said recent industrial and technological developments<\/a> in the United States justified a deeper look before Romania assumed more commitments.<\/p>\n\n\n\nStill, the vote was decisive. Shareholders representing 93.16% of the company\u2019s capital attended, and 93.18% of valid votes opposed opening the review. Nuclearelectrica and its project company, RoPower Nuclear, must continue under the strategy approved in September 2022 and report back on progress in September 2026.<\/p>\n\n\n\n![\"A](\"https:\/\/okdiario.com\/techy\/en\/wp-content\/uploads\/2026\/08\/romania-nuclearelectrica-doicesti-smr-nuscale-project-1.jpg\" "\\"\\"")
Romania’s state nuclear firm rejects a wider SMR technology review, keeping its Doice\u0219ti mini-reactor project on course.<\/figcaption><\/figure>\n\n\n\nThe real dispute is risk sharing<\/h2>\n\n\n\n
Management wanted a second look because of unresolved conditions. One is the project\u2019s Framework Agreement, which is supposed to set an acceptable risk-sharing structure. Another concerns how RoPower would buy the six reactor modules and who would absorb the financial consequences if the first unit failed to operate as designed.<\/p>\n\n\n\n
The company proposed two protective options. RoPower could buy only the first module and pay for the remaining five after it became fully operational, or it could buy all six while NuScale committed to reimburse the cost of modules two through six if the first did not perform as designed. <\/p>\n\n\n\n
Nuclearelectrica said NuScale had not made a firm commitment to either option, while talks with the Romanian government on other conditions and post-decision financial support had produced no concrete result.<\/p>\n\n\n\n
That caution reflects the project\u2019s first-of-a-kind status<\/a>, and Nuclearelectrica said, \u201cSafety is and will always be an absolute priority.\u201d The company says there is no operating history or established commercial benchmark for a plant of this scale in this market. <\/p>\n\n\n\n\n\n\nAlso Read: Irish farmers are fighting a $1.14 billion data center: the solar farm would swallow prime tillage land<\/a><\/h4>\n<\/div>\n<\/div><\/div>\n<\/div>\n\n\n\nNuScale\u2019s earlier U.S. municipal project was terminated in 2023 after it failed to attract enough customer subscriptions<\/a>, a reminder that technical approval and bankability are not the same thing.<\/p>\n\n\n\nA promising coal-site replacement<\/h2>\n\n\n\n
The environmental case for Doice\u0219ti remains significant. The plan calls for six 77-megawatt NuScale modules with a combined capacity of 462 megawatts on the site of a former thermal power plant. <\/p>\n\n\n\n
Nuclearelectrica estimates the project could create about 4,000 jobs across development, construction and manufacturing, while avoiding roughly 4.4 million U.S. tons of carbon dioxide emissions each year.<\/p>\n\n\n\n
The location is part of the appeal. Reusing a former power site can preserve grid connections, industrial know-how and an energy-focused workforce, while a planned renewable<\/a> addition of up to 77 megawatts could complement the nuclear output. For a town accustomed to power generation, that could make the transition feel less like starting from scratch.<\/p>\n\n\n\n
Still, the vote was decisive. Shareholders representing 93.16% of the company\u2019s capital attended, and 93.18% of valid votes opposed opening the review. Nuclearelectrica and its project company, RoPower Nuclear, must continue under the strategy approved in September 2022 and report back on progress in September 2026.<\/p>\n\n\n\n Management wanted a second look because of unresolved conditions. One is the project\u2019s Framework Agreement, which is supposed to set an acceptable risk-sharing structure. Another concerns how RoPower would buy the six reactor modules and who would absorb the financial consequences if the first unit failed to operate as designed.<\/p>\n\n\n\n The company proposed two protective options. RoPower could buy only the first module and pay for the remaining five after it became fully operational, or it could buy all six while NuScale committed to reimburse the cost of modules two through six if the first did not perform as designed. <\/p>\n\n\n\n Nuclearelectrica said NuScale had not made a firm commitment to either option, while talks with the Romanian government on other conditions and post-decision financial support had produced no concrete result.<\/p>\n\n\n\n That caution reflects the project\u2019s first-of-a-kind status<\/a>, and Nuclearelectrica said, \u201cSafety is and will always be an absolute priority.\u201d The company says there is no operating history or established commercial benchmark for a plant of this scale in this market. <\/p>\n\n\n\n NuScale\u2019s earlier U.S. municipal project was terminated in 2023 after it failed to attract enough customer subscriptions<\/a>, a reminder that technical approval and bankability are not the same thing.<\/p>\n\n\n\n The environmental case for Doice\u0219ti remains significant. The plan calls for six 77-megawatt NuScale modules with a combined capacity of 462 megawatts on the site of a former thermal power plant. <\/p>\n\n\n\n Nuclearelectrica estimates the project could create about 4,000 jobs across development, construction and manufacturing, while avoiding roughly 4.4 million U.S. tons of carbon dioxide emissions each year.<\/p>\n\n\n\n The location is part of the appeal. Reusing a former power site can preserve grid connections, industrial know-how and an energy-focused workforce, while a planned renewable<\/a> addition of up to 77 megawatts could complement the nuclear output. For a town accustomed to power generation, that could make the transition feel less like starting from scratch.<\/p>\n\n\n\nThe real dispute is risk sharing<\/h2>\n\n\n\n
Also Read: Irish farmers are fighting a $1.14 billion data center: the solar farm would swallow prime tillage land<\/a><\/h4>\n<\/div>\n<\/div><\/div>\n<\/div>\n\n\n\n
A promising coal-site replacement<\/h2>\n\n\n\n
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