Nuclear Projects: On October 9, US Secretary of Energy, Dan Brouillette, and Romania’s Minister of Economy, Energy and Business Development, Virgil Popescu signed a draft agreement in Washington DC.
The Romanian Minister pointed out that the agreement represents the principle in the text and the main elements of the project. He said that now the draft agreement will be sent to the European Commission, as per the provisions of the Euratom Treaty.
What’s in the agreement?
The agreement consists of construction and refurbishment projects at Cernavoda as well it calls for the cooperation of both countries in the areas of regulation, exchanges between research laboratories and universities, staff training, and research and development. It also promises cooperation in the development of the small modular reactors in Romania.
Also, the US government has asserted its interest in seeking financial institutions to support the funding of these projects.
Romania can use US expertise in the nuclear field: USA
The US Department of Energy (DOE) said, “Once formally executed, this historic agreement will lay the foundation for Romania to utilize US technology and expertise with a multinational team building reactor units 3 and 4 of the Cernavoda Nuclear Power plant and refurbishing unit 1.”
It further added that the agreement tests the importance of strategic between the United States of America and Romania and the Mutual commitment to energy security in the region.
According to the DOE, The USA and Romania will continue to strengthen their bilateral relations under several multilateral frameworks. It includes the Partnership for Transatlantic Energy Cooperation (P-TEC) generated under the Trump Administration. In the P-TEC, the USA and Romania co-chair a working group on civil nuclear cooperation. This working group will remain a foundation for promoting strategic and commercial partnerships.
Brouillette comments on the agreement
The US Minister, Brouillette said that Nuclear energy is important for Romania to ensure a reliable, affordable, and emissions-free supply of electricity and the US nuclear industry is looking forward to providing their expertise and technology to develop this important energy source. The agreement between the US and Romania will carry forward their relationship and cooperation and will strengthen the energy security of both nations.
A huge step towards strengthening the partnership: European Minister
Popescu, the European Minister said, “Today, Romania is taking a huge step towards the development of the strategic partnership with the USA in terms of energy component particularly cooperation in the civil nuclear field.”
Meanwhile, he said that they want Canadian and French partners in addition to the American partners. They have proved by signing the agreement that a serious, predictable partnership can be achieved if there are political will and sustained work.