OTTAWA, July 25, 2014 /CNW/ - The Canadian Nuclear Association (CNA) congratulates Candu Energy on signing a cooperation agreement with China Nuclear Power Engineering Company (CNPEC) to build two new CANDU reactors at the Cernavoda Nuclear Power Plant in Romania.
"CANDU technology has an excellent international reputation, offering unsurpassed safety and efficiency," said Dr. John Barrett, CNA President and CEO.
Romania currently operates two CANDU 6 nuclear reactors, which combined produce about 20 per cent of the country's energy supply.
Besides Romania, CANDU reactors have been exported to Argentina, China, India, Pakistan, and South Korea.
In addition to this agreement, SNC-Lavalin, the parent company of Candu Energy, signed a memorandum of understanding (MOU) with the China National Nuclear Corporation (CNNC) to jointly pursue energy-related projects in China and other international markets.
To this, Dr. Barrett commented: "China's economy is growing rapidly, as is its demand for energy. A strategic partnership in which Canada can assist China in meeting this demand will necessarily benefit both countries' economies."
The CNA represents about 100 organizations whose 30,000 employees mine uranium, fabricate fuel, design and service reactors, generate electricity, advance nuclear medicine, and export Canadian nuclear expertise.
SOURCE: Canadian Nuclear Association
For further information: Erin Polka, Communications Officer, Canadian Nuclear Association, 613-237-4262