Four of the six investors decided to withdraw from the two new4bn-euro reactors of Cernavodă, Romania's biggest investmentproject of the past 20 years.
The situation of reactors 3 and 4 calls to mind, though, the longlist of new station projects drawn up during economic growthperiods that came to no avail. The question is who is to be heldaccountable for this failure and what are the risks Romania isfacing?
Sources from the major companies that were involved in reactors 3and 4 project maintain that the endless postponement of some majorprojects can turn Romania from a net energy exporter into animporter.
According to those involved in the project, the major mistake thestate made was the overnight increase of the stake Nuclearelectricahad in EnergoNuclear, the project company for the setting up of thenew reactors of Cernavodă.
Despite all this, the Cernavodă project is still a good one, as allenergy industry people admit.
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