Today, Cosmin Ghiță, CEO of Nuclearelectrica, participated in the „Does Nuclear Energy Have a Future in Europe” Conference, hosted by the Embassy of Poland in Romania within the framework of the Polish Presidency of the EU Council. Availing himself of this occasion, he highlighted why nuclear energy is not just an option, but a necessity for Europe’s energy transition.

Nuclear power ensures long-term price stability, energy independence, and resilience against external shocks. With ambitious EU net-zero targets, nuclear is essential for a cost-effective and sustainable transition, driving GDP growth and creating high-skilled jobs.

Nuclearelectrica is at the forefront of Europe’s nuclear revival through major projects like the Cernavodă Unit 1 Refurbishment, development of Units 3 & 4, Small Modular Reactors (SMRs), and advanced nuclear technologies like tritium removal and medical isotopes.

Unlocking nuclear financing through mechanisms like Contracts for Difference (CfDs), green financing, and public-private partnerships is critical for accelerating deployment. Europe must reinvest in nuclear manufacturing and education to ensure a skilled workforce for the future. Partnering with the US, Canada, France, Italy, South Korea, and Japan is key to accelerating technology deployment and financing.

„If Europe wants to ensure energy security, stabilize electricity prices, and drive economic growth, nuclear energy must be embraced as a core pillar of our future. Now is the time for decisive action”, said Mr. Ghiță.