07 September 2022
Romanian utility Nuclearelectrica and Polish copper and silver producer KGHM Polska Miedź SA have signed a non-binding Memorandum of Understanding (MoU) for cooperation in the development of small modular reactors (SMRs). Both companies have previously signed agreements with NuScale of the USA on the deployment of its SMR technology.
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The signing of the MoU (Image: KGHM)
The MoU – signed on 6 September during the Economic Forum in Karpacz, Poland – aims at the exchange of experience and know-how, with a duration of 36 months, in the technical, economic, legal, financial and organisational fields for the development of SMR projects to be developed by Romania and Poland.
The agreement “involves a comprehensive approach to all activities in the development of an SMR project, from site selection to decommissioning, with the aim of developing robust, safe and cost-efficient SMR projects in Romania and Poland,” the companies said.
“The international interest in the development of small modular reactors is directly proportional to the interest of countries in ensuring energy security and achieving decarbonisation targets, given the innovative characteristics of this technology: modularity and flexibility, having a direct impact on lower costs and lower development period,” said Nuclearelectrica CEO Cosmin Ghita. “Romania, with more than 25 years of experience in the safe operation of its nuclear power plant, has…
