Romania May Fully Shut Down Sole Nuclear Power Plant in Days

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomePMN BusinessRomania May Fully Shut Down Sole Nuclear Power Plant in DaysRomania will likely be forced to fully shut down its nuclear power plant as early as Thursday as record low water flows in the Danube River no longer guarantee proper cooling for the facility.Author of the article:Andra Timu and Irina Vilcu You can save this article by registering for free here. Or sign-in if you have an account.(Bloomberg) — Romania will likely be forced to fully shut down its nuclear power plant as early as Thursday as record low water flows in the Danube River no longer guarantee proper cooling for the facility.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe second reactor at the Cernavoda plant may be shut down after the first unit was taken offline on July 27, Nuclearelectrica, the station’s operator, said in a statement to the Bucharest bourse on Tuesday. The full shutdown would be first because of drought in more than two decades for Romania, which introduced a state of alert in the energy sector in August as power production substantially declined. The Black Sea country took unprecedented measures to boost water flows toward its only atomic power station, blasting a rock formation and sinking four barges filled with rocks to divert the Danube’s flow and secure enough water for cooling the reactors. “The possibility of a controlled shutdown of Unit 2 is based on monitoring the weather forecasts for the coming period, the drop in the Danube river’s water level, and operating parameters,” Nuclearelectrica Chief Executive Officer Cosmin Ghita said in the statement.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againExperts at the nuclear power plant are working on the safe shutdown of the reactor, which is usually done in stages, Deputy Energy Minister Cristian Busoi told the Antena 3 TV station. The government is in talks with power suppliers to make sure they are able to increase electricity imports from neighboring countries, he said.“We’re talking about an extra 600 megawatts that will need to be imported once the reactor is fully shut down,” Busoi said. “We may also resort to still functioning coal-fired power plants to increase production this month.” The Danube’s flow dropped below a record level of 1,400 cubic meters per second on Tuesday, according to the national water agency. Romania relies on a mix of sources, including solar, wind and nuclear, for power generation. The decline in output from the atomic plant forced the government to ask companies and citizens to lower consumption. The nation’s two largest car producers — Renault SA’s Dacia and Ford Otosan — have halted production until late August. (Updated with details about the timing of the shutdown from first paragraph)This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.

Original Source

Read the full article at Financialpost →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.