Candu Energy is hopeful about selling the first Canadian nuclear reactor in years after Romanian and Chinese state-owned companies signed a letter of intent to invest in and develop two new reactors in Romania. The subsidiary of SNC-Lavalin said the new units would be built at the Cernavoda site where initial construction was halted in the early 1990s. They would expect that Candu would be a part of that because we are the exclusive licensee of that technology, Candu spokeswoman Katherine Ward said in an interview. She said Candu officials are in Romania meeting with the China Nuclear Power Engineering Co., which will visit Canada to conduct due diligence.
We have been talking to them about Cernavoda 3 and 4 as well as the potential for co-operation in other export markets. Two Candu 6 pressurized heavy water reactors went into service in 1996 and 2007 and are generating about 20% of Romanian energy supply. They were supplied by the Atomic Energy of Canada Ltd. and built by a Canadian-Italian consortium of AECL and Ansaldo.
Its 1,400 employees design, build and service nuclear reactors that supply nearly half of the Ontario electricity and 16% of the Canada electricity requirements.
At present (2013), the company has operations in Ontario, Quebec and New Brunswick. Reactors designed by Candu supply more than 22,000 megawatts of power at sites around the world.