[cdn-nucl-l] Romania to complete 3 more CANDUs

["Jerry Cuttler" <jerrycuttler@rogers.com>]

Isn't it interesting how Romania and afford to build nuclear plants, while
we can't seem to manage it in North America.
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ROMANIA CONFIRMS PLANS TO COMPLETE ALL FIVE CERNAVODA NUCLEAR REACTORS

Romania has confirmed its intentions to complete all five CANDU nuclear
reactors at the Cernavoda station. Unit 1 has been in service since 1996,
and Unit 2 is currently about 50 per cent complete. Romania confirmed at the
World Nuclear Symposium in London that it intends to complete Unit 3 under a
build-operate-transfer contract by 2011, with Units 4 and 5 to follow into
service by 2020.

Nuclear power offers significant cost savings for electricity production.
Electricity costs from nuclear power at Cernavoda are 2.3 cents U.S./kWh,
while electricity costs from fossil fuels in Romania range from 2.54-5.81
cents U.S./kWh. Romania produces its own fuel for its CANDU nuclear
reactors.

WNA 09/05/03