Romania and EU nations plan nuclear energy investments, detailing projects in Cernavodă and SMR development across Romania, Czechia, and Bulgaria.
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Romania is one of twelve EU member states that signed a pro-nuclear declaration this spring, aiming to attract billions of euros in investment for new nuclear power plants. Romania plans investments of about 12 billion euros in nuclear energy as part of its National Integrated Energy and Climate Change Plan (PNIESC). This includes retooling Unit 1 at Cernavodă to extend its lifespan and developing innovative mini-reactors, such as those from NuScale, at Doicești. The total budget is estimated at nearly 12 billion euros, with about 4.9 billion euros allocated for the Doicești mini-reactors and 7 billion euros for Cernavodă investments (including building Units 3 and 4 and retooling Units 1 and 2).
In other contexts, Czechia plans to increase its nuclear share to around 47% by 2040, with KHNP selected to build two new reactors at Dukovany, despite public debate over potential electricity price increases. Bulgaria is transitioning from Russian technology to American technology, planning to build two new AP-1000 reactors at Kozlodui using Westinghouse technology, though a final investment decision has not been made.
