President Biden met with the leaders of Canada, France, Germany, Italy, Japan, and the United Kingdom at the G7 Summit, held May 19–21 in Hiroshima, Japan. (Also pictured are representatives of the European Commission and European Council.)
On the sidelines of the G7 summit in Hiroshima, Japan, over the weekend, the Biden administration and partners Japan, South Korea, and the United Arab Emirates announced a public-private commitment of up to $275 million to support the advancement of NuScale Power’s small modular reactor project in Romania.
From left: Romanian energy minister Virgil Popescu; E-Infra CEO Teofil Mureșan; Nuclearelectrica board chairman Teodor Chirica; and U.S. undersecretary for economic development, energy, and environment Jose Fernandez. (Photo: Nuclearelectrica)
Energy firms Nuclearelectrica and Nova Power & Gas have launched a joint venture, RoPower Nuclear, for the development of small modular reactors in Romania, with SMR technology provided by NuScale Power, of Portland, Ore.
Largely state-owned, Nuclearelectrica operates Romania’s sole nuclear power facility, the two-unit Cernavoda plant, while Nova Power & Gas, a subsidiary of the privately held E-Infra Group, is a supplier and distributor of electricity and natural gas in Romania. The two firms own equal shares of RoPower.