Three factors will drive nuclear exports: energy security, decarbonization, and geopolitics. Recent power prices in Europe, coupled with the situation in Ukraine, demonstrate the interplay of all three factors. Nuclear exports have to be viewed in the context of the current geopolitical climate, particularly relative to Russian and Chinese competitive offerings. Finally, the critical importance of nuclear energy in meeting global decarbonization efforts can be a driving force for exports, further enhanced by the inclusion of nuclear energy in clean/green taxonomies and the accompanying support from the ESG (environmental, social, and governance) investor community.

This is the fifth of five articles posted today to look back at the top news stories of 2021 for the nuclear community. The full article, "Looking back at 2021,"was published in the January 2022 issue of Nuclear News.

Quite a year was 2021. In the following stories, we have compiled what we feel are the past year’s top news stories from the October-December time frame—please enjoy this recap from a busy year in the nuclear community.

• Click here to see the first article in the series
• Click here to see the second article in the series
• Click here to see the third article in the series
• Click here to see the fourth article in the series

On the sidelines of the COP26 Conference in Glasgow yesterday, John Kerry, the Biden’s administration’s special presidential envoy for climate, joined Romanian president Klaus Iohannis to announce plans to build a first-of-a-kind small modular reactor plant in Romania. The SMR technology is to be provided by NuScale Power, based in Portland, Ore.

A delegation from the Department of Energy arrived in Romania in late July to discuss bilateral energy cooperation and Romania’s expansion plans for its sole nuclear power plant, Cernavoda. The delegation was led by Kathryn Huff, acting assistant secretary and principal deputy assistant secretary for the Office of Nuclear Energy.

Romania has ratified a draft intergovernmental agreement signed in 2020 with the United States on cooperation in the field of nuclear energy. Initialed last October by Romania’s energy minister, Virgil Popescu, and the then U.S. energy secretary Dan Brouillette, the agreement, reportedly worth some $8 billion, calls for cooperation on completing the construction of Units 3 and 4 at Romania’s Cernavoda nuclear power plant, as well as the refurbishment of Unit 1. The European Commission gave its nod to the agreement last November.

U.S. ambassador to Romania Adrian Zuckerman (right) and SNN chief executive officer Cosmin Ghita at the January signing. Photo: U.S. Embassy in Romania

The U.S. Trade and Development Agency (USTDA) has awarded a grant worth an undisclosed amount to Romania’s nuclear energy authority, Societatea Nationala Nuclearelectrica (SNN), for technical assistance to support the development of small modular reactors in that country, the agency announced on January 14.

The grant will be used to identify a short list of SMR-suitable sites, assess SMR technology options, and develop site-specific licensing roadmaps. SNN has selected Chicago-based Sargent & Lundy to carry out the assistance.

Bulgaria’s Kozloduy nuclear plant. Photo: Wikimedia Commons/Gogo89873

The United States in the past few weeks has signed civil nuclear agreements with Romania and Poland, and now a third European nation can be added to the list: Bulgaria.

Brouillette

Popescu

U.S. Energy Secretary Dan Brouillette and Romania’s Minister of Economy, Energy, and Business Development Virgil Popescu initialed a draft intergovernmental agreement on October 9 to cooperate on the construction of two additional reactors at the Cernavoda nuclear power plant, as well as the refurbishment of Unit 1.

According to a Department of Energy news release, the agreement, once formally executed, will “lay the foundation” for Romania to “utilize U.S. expertise and technology.” The deal marks a major change in Romania’s plans for its sole nuclear plant, as up until early this year the source for that expertise and technology was expected to be China.