The production of nuclear, hydro energy will narrow Romania’s trade deficit, minister says

Some 40 percent of Romania’s energy needs comes from Russia, the trade deficit with this country being one of Romania’s widest, Vosganian said.

The official explained Romania doubled the production of nuclear energy after the second reactor at the country's sole nuclear power plant in Cernavoda (southeast Romania) went online. By 2015, other two reactors will start the production of energy, the minister said.

The companies that will construct Romania’s third and fourth nuclear reactors in Cernavoda will be chosen by the end of this month. Electrabel-Belgium, Enel-Italy, Iberdrola-Spain, CEZ-the Czech Republic, Arcelor-Mittal Romania and RWE-Germany submitted their offers, wanting to join the race along with a Romanian partner.

Source: NewsIn