Nuclearelectrica CEO Cosmin Ghita said construction of a third nuclear reactor unit would start in 2024 and the unit would become operational in 2030–2031.

The most recent feasibility study indicated a total cost of EUR7 billion, he said.

Romania’s nuclear power plant in Cernavoda currently operates two 700-megawatt reactors, covering close to 20% of the country’s energy consumption.

Romania has been talking about developing two more nuclear reactor units at its plant in Cernavoda since 2003. Units 3 and 4 have been in conservation since 1992.