BUCHAREST, Feb 24 (Reuters) - Romanian nuclear power
projects backed by U.S. companies should not be affected by
recent criticism from members of President Donald Trump's
administration over a cancelled election, Romania's energy
minister said.
Romania's top court voided the country's presidential
election in December based on suspicions of Russian interference
in favour of the surprise far-right NATO critic frontrunner,
denied by Moscow.
U.S. Vice President JD Vance and tech billionaire Elon Musk
singled out Romania during a wider criticism of Europe which
points to potential policy shifts.
Romanian state-owned nuclear power producer Nuclearelectrica
signed a 3.2 billion euro main engineering contract to build two
700 MW nuclear reactors by 2032 with a consortium of four firms
including U.S. Fluor Corporation and Sargent & Lundy.
Nuclearelectrica also plans to build by 2029 a small modular
reactor plant (SMR) using technology from U.S. company NuScale
Power ( SMR ), potentially for the first time in Europe. U.S.
EXIM Bank and International Development Finance Corporation have
committed financing for the project.
Asked whether U.S. criticism of Romania could impact the
ongoing projects, Energy Minister Sebastian Burduja said: "Not
as far as we are concerned."
"These projects involve large American companies and we
believe that regardless of the political context it is in the
interest of the United States for these projects to continue,"
he told Reuters.
Burduja said Romania would hold a second tender for 3.5 GW
of solar and wind energy projects funded through a contract for
difference (CFD) support scheme backed by European Union funds
in the first half of this year.
The CfD scheme, which guarantees the price of the
electricity generated for 15 years, is supported by 3 billion
euros from the Modernisation Fund, a programme under the
European Green Deal which supports 10 lower-income EU member
states in upgrading their energy systems.