Nuclearelectrica announced a €1.9 billion EPC contract with an international consortium to refurbish Unit 1 and extend its life by 30 years.
Nuclearelectrica and Korea Hydro & Nuclear Power (KHNP) announced the commencement of construction for Europe's first tritium removal facility at the Cernavoda Nuclear Power Plant.
Nuclearelectrica has joined The Net Zero Nuclear Industry Pledge, launched at COP28 – UN Climate Change Conference, in an event held in Dubai, United Arab Emirates.
All energy in Romania will be green energy, starting from 2027-2030, and this is the biggest opportunity we have today in Europe, said the Minister of Economy, Entrepreneurship and Tourism, Ştefan-Radu Oprea.
Nuclearelectrica has signed a Letter of Intent with the Three Seas Initiative Investment Fund to explore the possibility of collaboration in the renewable energy production sector in Romania, in order to achieve common strategic objectives.
Nuclearelectrica avoids the release of 10 million tons of CO2 every year by producing clean energy. 205 million tons of CO2 were avoided since the commissioning of the first reactor in 1996, says Cosmin Ghiță, CEO of Nuclearelectrica. He talked to Green Forum about Nuclearelectrica's ESG strategy and about the investment projects with a vital role in Romania's decarbonization. He also talked about the sustainable projects that the company ran last year and how Nuclearelectrica contributes to a sustainable future.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
