IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v18y2024i1p1765-1775n1014.html
   My bibliography  Save this article

Small Modular Reactors in Romania’s Energy Future. Two Essential Perspectives: Capital Costs and Public Perception

Author

Listed:
  • Crețulescu Andreea

    (Bucharest, Romania)

Abstract

In 2023, during the annual United Nations Conference on Climate Change (COP28), Romania joined the Net Zero Nuclear Initiative and the Ministerial Declaration for the tripling of nuclear capacity by 2050, which recognizes the key role of nuclear energy in achieving net zero goals worldwide. In this context, wanted to implement national projects and strategies to achieve the global goal of tripling nuclear power generation capacity by 2050 (taking 2030 as a reference) and to act to ensure that nuclear power plants are operated in security conditions. This paper examines the potential of Small Modular Reactors (SMRs) in Romania's energy landscape, considering the country's recent commitment to the Net Zero Nuclear Initiative and the goal of tripling nuclear capacity by 2050. The focus is on integrating new nuclear technologies, particularly SMRs, and modernizing existing facilities like the Cernavodă Power Plant. The study also explores the economic benefits, public perception challenges, and the role of European and American expertise in advancing SMR technology. For the first time, using specialized literature and data from public sources, the study aims to analyze the prospects for SMR projects developed in Romania to overcome two essential perspectives: capital costs and public perception in many communities where concerns related to nuclear safety, radioactive waste management, and potential risks associated with nuclear technologies exist.

Suggested Citation

  • Crețulescu Andreea, 2024. "Small Modular Reactors in Romania’s Energy Future. Two Essential Perspectives: Capital Costs and Public Perception," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 18(1), pages 1765-1775.
  • Handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:1765-1775:n:1014
    DOI: 10.2478/picbe-2024-0148
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2024-0148
    Download Restriction: no

    File URL: https://libkey.io/10.2478/picbe-2024-0148?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:1765-1775:n:1014. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.