Canada signs $3-billion deal to finance nuclear power in Romania

Canadian Energy Minister Jonathan Wilkinson signed the $3-billion deal with his Romanian counterpart, Sebastian Burduja, in Ottawa today.

The Canadian financing is limited to what Romania's nuclear operator spends to buy equipment and expertise from Canadian companies. Burduja says the deal is partly about climate change, because it will help ease Romania's need to burn coal to make electricity. But he says it is first and foremost about adding new non-Russian energy sources, and Romania is in talks to share with other countries in the region to ease their reliance on Russia, too.

Two Canadian-made Candu reactors already account for one-quarter of Romania's electricity supply and the two additional reactors will increase that to almost one-third.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada signs $3-billion deal to finance nuclear power in RomaniaOTTAWA — Canada is helping to finance two new nuclear reactors in Romania, which that country's energy minister says will help diminish Russia's ability t
Source: DurhamRadioNews - 🏆 70. / 51 Read more »

Canada signs $3-billion deal to finance nuclear power in RomaniaCanada is helping to finance two new nuclear reactors in Romania, which that country's energy minister says will help diminish Russia's ability to use its energy exports as a weapon.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Canada signs $3-billion deal to finance nuclear power in RomaniaOTTAWA — Canada is helping to finance two new nuclear reactors in Romania, which that country's energy minister says will help diminish Russia's ability to use its energy exports as a weapon.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Canada signs $3-billion deal to finance nuclear power in RomaniaOTTAWA — Canada is helping to finance two new nuclear reactors in Romania, which that country's energy minister says will help diminish Russia's ability to use its energy exports as a weapon.
Source: SooToday - 🏆 8. / 85 Read more »