SN "Nuclearelectrica" S.A. (SNN) is a partially state-owned Romanian nuclear energy company incorporated in 1998 by the reorganization of RENEL.

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.

CNE Cernavodă Units 1-5 The CANDU reactor consumes natural uranium, using heavy nuclear water (isotopic content over 99.75% D2O) as moderator and cooling agent, in two independent, separate, closed-circuit systems.

CANDU fuel is easier to produce than that of many other reactor types as the improved neutron economy of the heavy water moderator allows the use of natural uranium without enrichment.

In 2004–2006, with low investments, FCN Pitești doubled its production capacity in order to ensure the necessary fuel for operating two units at CNE Cernavodă.

FCN Pitești can provide consultancy, technical support and various equipment to the companies interested in transferring nuclear fuel manufacturing technology.

643/2007, the Government of Romania approved the strategy for attracting investors for building Units 3 and 4 of CNE Cernavodă, including the schedule for incorporating the new company that is responsible for completing the project.

After submitting the tenders, 6 companies were selected for the implementation of the project, and each investor obtained a percentage from the total number of shares, proportional to the invested capital: Nuclearelectrica (51%), ArcelorMittal Romania (6.2%), ČEZ Czech Republic (9.15%), GDF SUEZ Belgium (9.15%), ENEL Italy (9.15%), Iberdrola Spain (6.2%) and RWE Power Germany (9.15%).

On 29 March 2009, the project company was incorporated under the name SC EnergoNuclear SA with the Trade Register of Romania, and the management team was appointed.

In 2011, investors GDF SUEZ, CEZ, RWE and Iberdrola withdrew from the project, and substantiated their decision by the necessity of focusing on investments in their countries of origin, because of the economic crisis.

On 22 August 2014, the General Assembly of Shareholders of SNN approved the Strategy for continuing the Project of Units 3 and 4 of CNE Cernavodă by launching a competitive procedure for selecting a private investor (PI) in order to incorporate a company, namely a joint venture.

of the following documents: "Memorandum of Understanding on the development, construction, operation and decommissioning of Units 3 and 4 of CNE Cernavodă (MoU) and (ii) Investor Agreement in preliminary form".

Mandating the Board of Directors of the SNN to initiate the necessary steps for the analysis and crystallization of strategic options for the construction of new nuclear power generation capacities.

Based on official governmental statements, the Project is to be developed under a Euro-Atlantic consortium, including US, Canada and France support.

This important project will double Romania's nuclear capacity in order to meet increasing power demand, enhance security of supply and reach climate change targets.

The in-depth protection principle, which consists of reaching a high level of technical performance and nuclear security, by raising multiple physical barriers against releases of radioactivity in the environment (the nuclear fuel matrix; the fuel element sheath; the under-pressure chamber of the primary circuit: the envelope system; the exclusion area).

A network of 62 monitoring points with thermal-luminescent dosimeters for the measurement of the gamma dose has been established around the power plant and across an area with a radius of 30 km.

Food samples for the analysis are procured from local producers or from the agri-food market in Cernavoda, Seimeni, Medgidia, Satu Nou.

Up to now no changes in the radioactivity of the environment in the area of Cernavodă city have been detected, in relation to the period prior to the commissioning of the nuclear unit.

Unit 1 will be refurbished in 3 stages: ·       the process of completing the support documents which are necessary for preparing the Feasibility Study, including its drafting and submittal for approval by the shareholders, in 2021 ·       the necessary activities for operating Unit 1 for a period of 30 years, based on the study performed by Candu Energy ·       procuring the equipment and components with long manufacturing cycle ·       awarding the Engineering, Procurement and Construction (EPC) Contract ·       obtaining from CNCAN the authorization for starting the refurbishing works.

Nuclearelectrica has only one such contract concluded with Transelectrica in the quality of captive consumer for the consumption of the Cernavodă 400 kV station (approximately 1.000 MWh/year).

Thus, investing a share of the annual profit of SNN in RSC actions constitutes an integral part of the development strategy of the company for 2015–2025.

RSC objectives: ·       Creating and supporting a sustainable business model, with responsible management and global policies adapted to local issues; ·       Increasing the level of confidence and support for SNN's business model; ·       Addressing the real issues of the community; ·       Starting the change we want to see in the Romanian society; ·       Development of relations with the local community, NGOs, opinion leaders; ·       Attracting young specialists; ·       Increasing the level of acceptance for the use of nuclear energy in Romania and for SNN's investment projects; ·       Alignment to RSC international standards and good practices practiced by the companies;