Societatea Nationala NUCLEARELECTRICA
Budget
€200 — €0
EP Access
0
accredited persons
Staff
6
1.5 FTE
EU Grants
None
Mission & Goals
The National Company “Nuclearelectrica” SA is the national Romanian company which produces electricity, heat and nuclear fuel operating under the authority of the Romanian Ministry of Energy, with the Romanian state holding 82.49% of shares and other shareholders holding 17.50%, after the listing of the company at the stock exchange in 2013. The NPP (CNE) Cernavoda branch operates two CANDU nuclear units, which are two of the most high-performance units among the more than 400 nuclear plants in the world, a nuclear fuel factory and completed an integrated fuel cycle through the procurement of a uranium concentrate processing line, in order to support the long-term investment projects of the company. Nuclearelectrica has a major role at the national level, contributing by more than 18% of the nuclear energy in the total energy production and by 33% in the total CO2-free energy production in Romania.
EU Legislative Interests
1. EU Taxonomy for Sustainable Activities Objective: Defines which economic activities can be considered environmentally sustainable. Why it matters for SNN: Nuclear is conditionally included, and this supports access to green finance and improves investor confidence. SNN advocates for stable inclusion of nuclear as sustainable to finance projects like SMRs, Unit 1 refurbishment, and Units 3&4. 2. Euratom Treaty & Related Legislation Objective: Regulates nuclear safety, radiation protection, safeguards, and nuclear fuel supply. Why it matters for SNN: Ensures compliance for all nuclear projects. Relevant in diversifying fuel supply and reducing dependency on Russia (e.g., switch to Western fuel for CANDU reactors). Key in accessing Euratom loans. 3. State Aid Guidelines (CEEAG + Art. 107 TFEU) Objective: Controls how governments support energy projects to ensure fair competition. Why it matters for SNN: SNN's major projects (Units 3&4, SMRs) are exploring Contracts for Difference (CfD), state guarantees, and grants (e.g. Modernisation Fund). Ensuring compliance and notifying DG COMP is crucial for financing. 4. Fit for 55 / Green Deal / Climate Law Objective: Cut EU emissions by 55% by 2030 and reach net-zero by 2050. Why it matters for SNN: Positions nuclear as a tool for decarbonization. Nuclear’s inclusion in the EU's climate-neutral energy mix supports Romania’s national energy strategy. 5. Reform of the EU Electricity Market Design Objective: Ensure affordability, stability, and incentivize low-carbon investments. Why it matters for SNN: Pushes long-term Power Purchase Agreements (PPAs) and CfDs, which align with SNN's financing needs. Supports grid integration and revenue predictability for SMRs and refurbishments. 6. Net-Zero Industry Act (NZIA) Objective: Promote EU manufacturing capacity for net-zero technologies. Why it matters for SNN: Nuclear is included as a strategic net-zero technology. Opens doors for support mechanisms, investment incentives, and SMR supply chain development. 7. Critical Raw Materials Act Objective: Secure access to critical materials for green and digital technologies. Why it matters for SNN: Relevant to fuel supply, especially with uranium diversification. Affects supply chains for components in SMRs and refurbishment of existing reactors. 8. EU External Energy Strategy & REPowerEU Objective: Reduce dependence on Russian energy and strengthen regional partnerships. Why it matters for SNN: Strengthens SNN’s role in regional energy security (e.g., Moldova exports). Supports EU backing for Romanian nuclear as a regional decarbonization anchor.
Communication Activities
Almost exclusively we resort to meetings between management (CEO) with various EU officials. Sometimes, often upon EU services request, we organize videocalls to clarify different topics at a working level.
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
1. WANO (Atlanta and London) 2. INPO 3. CANDU Owner Group 4. Nucleareurope - European Nuclear Installations Standards (ENISS) 5. ASRO 6. PROCORAD 7. Electric Power Research Institute 8. Nuclear Procurement Issues Corporation 9. POMS 10. Informational System on Occupational Exposure 11. ROMATOM 12. Romanian Association of Electrical Energy Providers 13. The National Romanian Committee of the World Energy Council 14. World Economic Forum 15. UN Global Compact 16. Nuclear Energy Institute 17. International Energy Forum 18. HENRO 20. Nuclear Energy Agency
Organisation Members
We do not have members. We are a state owned company, nuclear power generation utility.
Commissioner Meetings
No recorded meetings with EU commissioners.