ENERGY INDEPENDENCE AND SECURITY- (Panel)

And here, since we will need imports for the coming years, for the period that happens together with us, We need to diversify our survival. In order to carry out the face-out, let's represent the imports from Russia. maximum by 2030, but I found the European Commission's maximum by 2027. Therefore, we represent imports from Russia with LNG imports. from imports from our long-time partner, the most strategic and most important partner in the EU. I have been to Washington twice in the past two months. The interest is real, of course, we must commit. in long-term contracts, in order to allow for necessary investments new LNG terminals in the United States European men should also invest in new LNG terminals in Europe. Also, imports from number two from exporters to the EU, as well as a country we can rely on, because we share democratic values, I am speaking about Norwegians, I've seen another heating up in quantities and, together with the United States and Norway, Of course, LNG can come from Qatar and Israel via Egypt. and, of course, via the pipelines from Azerbaijan. An important, important discussion, also from Romania, Because, for us, LNG is not an option. Still, of course, we have the Great Great, our domestic production, we can also deposit to countries of men, But doing this will sometimes lead to. Moreover, Azerbaijan is of great importance to Romania and Italy. Italy has been mentioned as a partner for Nuclear Electrica, because, via the Trans-Adriatic pipeline, You can improve the quantities. And Algeria. Now, of course, there are some tensions with Spain, due to Morocco, Algeria could also be a very important supplier. Moreover, consumption must decrease in the coming years. Moreover, we do not only represent imports from Russia when importing from other countries, we must reduce consumption and represent him with the support from other countries. Therefore, the second pillar of this strategy, And I'm done. Let us look at the new technologies. First of all, of course, solar and wind. And we have a new target, and we will vote later, in the ITRE committee, the proposal of the European Commission, 45% rejection rate for the overall mix in 2030, an extremely ambitious target Give a real target. Of course, we must take a look energy efficiency, and the new target is 13%, so it is a very, very significant warming, and we must look at hydrogen, and 10 million tons are required Domestic production in the European Commission in 2030 and 10 million tons of imports, Understood, by 2030. Solar, we're going to install 600 gigawatt-hours in the European Commission in 2030 and we have this external red initiative tooltip, So we start with the year 2026 and there are several different years for different situations. All of our residential constructions, and even before that commercial buildings and the administrations They must have solar panels on bread that is why this will transform We have been very busy. And, in the end, a bio-meteorological action plan with the aim of producing 35 million cubic meters in 2030. All of these, of course, The investment is significant. Give me a little less of this, if we look at 100 million The ones we put into Russia for each year's importance, if we are satisfied with 5-6 years, 7 years old, Let's see if we can obtain, before 2030 the investment that is valuable. And with this, not only do we achieve our independence, not only do we obtain the situation in which we will not allow Russia to play with energy as a geopolitical area. Moreover, That's how I碍, that they cut the gas. For several member states, at the decree quantities for others. And also I am very curious From this day of winter, as we expect Several very difficult situations. Here, as well We have obtained our independence. With this strategy, from I'm getting closer At our strategic goal, decarbonization of the energy sector Europeans in 2050 with this sense of urgency. The big goal. And in my mind, credit, also that in the end with this investment, and also hi deployment of renegades, to see the least volatility of the prices. Moreover, in the coming years and in decades, with this investment, prices to be even luckier for people and our industries. And nuclear as well They could play a very important role. Clear and bright that for nuclear, Europe is still divided. And European funds They are very difficult. be invested in nuclear. We'll try again, We are trying very hard for the modernization fund. Moreover, A very important opportunity for Romania They are investments of as much as 10 million euros. Others of these money, perhaps, could be invested in nuclear facilities, dar European funds They are very difficult. There, with taxonomy, with partnerships, How are our partnerships? In the United States, in small reactor men, in number 3 and 4 reactors and with support financial institutions after commercial banks, we can obtain energy independence, security and we can also contributes to help the country in the region. And what about What about investment project Because, You know, We need to modernize in Eastern men grid In Romania, I think we have 8,000 kilometers and without modernization of the grid, Of course, For biometrics, it's very easy, because it is the same molecule, for it hydrogen It is not impossible. to we obtain objectives. You know that We have reviewed it before red aggression, We have reviewed it Antenna regulation. Clear, investment in interconnections in PCI in projects common interest They are still possible, dar should be possible for use in the future for hydrogen. So, a few requirements Now, Of course, heating our situations, We are trying solutions for interconnections strategic. The most strategic for the European Union it is between Iberian Peninsula and in France. Since, otherwise We can import a large amount of LNG, behind In the United States, Of course, even if we cannot cite gas on the Iberian Peninsula the rest of Europe, then, It will be very difficult. to replace importations of tomatoes. To produce electricity in the gas I am only mentioned taxonomy The requirements are very difficult. to be carried out Now, we don't have no facility of production with these requirement In Europe, hi some investments and, now financial margin It's very incentivized Let's do it these investments, we can obtain and we will have a future for gas I have mentioned it PCI list You know, we have Romania Hi two of gas. Yes only RomGaz and NG I hope two funded by the grant. It's difficult. Let's have two. In this I am trying to be neutral. dar are very strategic for Romania and to be financed in list investment Mr. Boone. Yes. I only want to mention within the term gas and old sufferings energy an event interesting in recent history, What is it? decision credit in 2011 de Germany to remove plants nuclear I think in 2000 approximately 25% of energy was derivative de plants nuclear Now at scout plants aircraft It is a decision. interesting and a care credit are reflection Cosmin, I'm turning back. I know that on the agenda and must Go ahead. I want, to mention that EU Help me to remove old dependencies in Russia and these isotopes A thing little known this, that plants and the plants nuclear, not just the new ones, to all the plants nuclear pot products medical isotopes Cobalt-60 Molybdenum-99 Lutetium, what are treatment of the future. Many de these plants nuclear produce it in nuclear, in plants nuclear in Europe Astrea, before it decommission at the end year. So, We need to take a look the other solutions and there Nuclear Electric What's happening? a project to begin to develop these types products and there we can Help. Within the term of hydrogen and other types of investments, clear if See technology Nuclear That's very good sustained for this. so then de Nucle Joo I cannot recommend a greater mobilization than what I have just witnessed, which enables strategic projects to take place. Thank you, Cosmin. He said that Romania could become a fully self-sufficient energy player in Europe. We have the potential to become Europe's first gas producer, surpassed by discoveries in the Black Sea. But also, from discoveries at sea, we have Caragele Natural, renewable, and locally produced gas contribute significantly to Romania's energy independence. We must now look at the potential of renewable gas in Romania. Romania produced approximately 7 million tons of organic waste in 2016 I am glad these are the latest Eurostat data Municipal base, local base, and similar base represent a larger portion of organic base We estimate that the potential for renewable gas in Romania, based on organic waste, as represented by Eurostat, and the renewable gas base is distributed from 50 terawatts to 70 terawatts ENGIE distributes 45 terawatt-hours annually When we talk about organic base, we are also talking about the circular economy. and we are talking about natural fertilizer because energy and agriculture can be among the important things Thus, we bless the objective of the EU repair. I'm returning you to Mr. Bușoi; it will be a very difficult day. We import 150 million tons of base material to Russia. And I don't know what we'll do I have seen also the statement by Ms. Ursula von der Leyen with the possibility of achieving a complete reduction of gas imports to Europe We are still seeing a reduction in imports. This figure is correct, but it is from the year 2021. In the year 2022, from year 45, we arrive at year 31. It is true that the decision was Russian. to cut off gas supplies to several countries after reducing it for other countries It was not merely the European decision, a voluntary decision to repair it because it wasn't possible so quickly In addition to this reduction, which is very significant, It came from the Russian decision Of course, this file exists in Europe Romania is less exposed than other European countries. There is this file because this smiling one you will see a total reduction That is why we are mobilizing now to film the stockpile That is why I have maintained this legislation and I have eaten a lot all European countries, including Romania, They should reserve the inventory for this smiling one in order to reserve the situation if there is a stock reduction That plan is not impossible. Of course, we cannot repair the entire quantity with this amount of storage Even if, as I said, There are few committees. and a very good dialogue with the United States LNG is a very big solution Moreover, with some investments, They are not very big Azerbaijan could still heat Algeria could still heat with many quantities Qatar should also invest because of what it produces now works in China and the demand there is greater and greater The big club, for next year, not for the elderly years, no, not because of reading, not for 2023 There, the situation is more difficult. Also, let us reduce stock consumption and let us have solar, let's have wind The EU's Repower to reach as well with the legislative proposal let's reduce cases for permits to have permission for negative projects They are very difficult. In several member states It takes a lot of time. Moreover, in Romania, because we need to modernize electrical grid Otherwise, we cannot accommodate. our capabilities production of renegade Hydrogen will be a solution Nuclear energy This is a very important solution. for many member states Therefore, Romania has taken this strategic decision France is also very committed Several other countries, likewise not all in European countries, take this as a national decision and we must respect it Biogas, Biometane could complement energy efficiency with all investments What are the needs? and also with the change in behavior I hope This work will come. gradual and you don't need to Make it abrupt this smiling one Thank you We have Another 20 minutes I'm coming back the hearing I have seen in audience Yes, there are many questions there, before I want to Give flowers la Mrs. Oana Osmen member of parliament secretary a Committees of Industry and Services a Romanian Committees Deputies Thank you Thank you for this opportunity Stefan It is very important for me and for the panelists and are honor to be in this forum because it is An important perspective for us Let us know about energy efficiency and hydrogen Why Shall we discuss this? Because In the Industry Committee We have a group and we want to We clarify and to We update legislation Agreed Hi regulations European Union And my question this for my colleague Cristian Bușoi It is possible until implicit umbrella this forum to have a workforce for energy security Why? Because energy efficiency and hydrogen this the most important subject in this moment Deci you question if It is possible to have collaboration Hi all specialists and all parliamentarian because in the future understood hydrogen and energy efficiency What's happening? the most important Of course in European Union we have now A question when we talk about on energy efficiency in construction because This one must May more and need to time and for the future this important to develop hydrogen capacity and transfer and the transfer technological It will be more important Thank you Thank you very much First of all, I want to Congratulations Romanian members of the Parliament Medemos Men for things very tough in promulgation energy efficiency and hydrogen in Romania about a rate by force in this platform I need to we ask Pittinger Congress and Pavel Popescu I am sure that working the security problems Energy will remain and will become more and even more A security issue on a global level next year Therefore, You are sure that this platform interparliamentary va earnings very close in the future the energetic aspect and, of course, energy efficiency and hydrogen and the fuel of the future va Pay attention and it's good to have this collaborate and likewise I have discovered in the United States of course enthusiasm for Green Deal no it is not as in Europe and, of course, There are differences between two main political parties and we expect a change in until after elections today I have discovered also participation in a Very interesting meeting hi The Republican Caucus pe the climate What is it? so o platform and hydrogen this Very interesting for the United States and untying la experience their potential for we don't have all technologies available and am safety that we can beneficiaries de expertise and input this meeting and efficiency It will be costs for transformation all our constructions in European Union It won't be easy. to we have pumpkins of in our constructions for the purpose of improve gas Electrify this a solution important pumpkins of are the part de improvement for the purpose of reduce consumption de gas Therefore, here from Avea European functions where it must to mobilize and industries and classes to obtain efficiency targets Then, heating hydrogen this I should have scale at a price point commercial viable and I should scale we generally have 200–300 metric ton on the day at a price point from 2 dollars per kilogram I had to with one of laboratories in laboratories national de 2016 la electrolysis de oxide for hydrogen Hydrogen I will It happens When I have been co-pilot I said that everyone speak de hydrogen green Yes I am interested What color is it? when It is created Hi sufferings of energy curious I don't care Trust me that I have seen success a renovators and price He has come cute Hi functions national in assistance to the remove First investment in construction de o pleasure 200 megawatt in hour after dollars in hour a escaped very fine Cu focus de pe no we see pe all the world ce this fine for energy in o It may have been somewhat overlooked in the following years, but Russian aggression Whether or not to continue the war against Ukraine next year is a very, very big question for everyone. In my opinion, it is Mr. Cosmin Ghita and Mr. John Hopkins. My opinion of Mr. John Hopkins, sir, is that How should you build a shelter for these small nuclear power plants? In one or two minutes, for governance? I know it's impossible to mix everything in two minutes. I believe you have a wonderful product and a wonderful home. And not only that, you mentioned Bulgaria, Romania, a few other countries, Poland. I believe a large number of European countries could benefit from your product. And I think everyone will be after that. So my question is, how can you sum it up? in a few bullet points, in a few words the case you are making And my question for Mr. Cosmin Ghita is, if you could bring him to the next question, How do you see the competitive landscape, as well? I don't think I compete with photovoltaics, with solar energy, It is commonly believed that it will need nuclear energy for a foreseeable future. So, for these people who say that we can only have solar power and wind power, We no longer need nuclear. What is your answer and argument regarding nuclear energy? Because it can be healthy, it can be clean, to be decarbonized And many, many countries around the world benefit from this. Thank you. When I went to the Nuclear Regulatory Commission, There were many mayors I approved at the NRC. For example, each of these units It is independent of the other. So, after 42 months of revisions and a few 500 million dollars to proceed to the next stage because we had to scale everything down. For example, from a pure perspective, We are among those who do not have the need to be connected to the grid for clean reasons. So, what does that mean? It means we can be like this, together with a useful one to maintain ammonia production, the heating process, hydrogen, about which we spoke. So, the other thing we had to approve at the NRC, if you find out what happened in Fukushima, There was no eruption, It was a tsunami that came and receded. the backup generation diesel generations We were supposed to approve him, We were supposed to approve him at the NRC, Our design's man of clean. We do not need it anymore, for AC or DC, to plant and let it cool down. If you have a 6-module plant after a 12-module plant, At first, the NRC said for each module, You will need an operator. I have managed to approve the NRC. because I have designated a clean base for a plant with 12 modules. You will only need 3 operators. And it was not known in the industry. There are many municipalities. It's like the very first car which you can obtain for today's cars, Tesla or Prius. Technology has advanced Enough. Therefore, argumentatively, You can say that if NuScale had been deployed In Japan, it was not a Fukushima event There are many municipalities. Who came? in this technology. Now we need to test it. As I said before, the majority of projects It came in a simple design. It was from below. Another thing we can do is I wrote technical papers about how we can complement the renovators. If you're talking about 25-30% by capacity factor, He can go on the grid after it increases the gas. Pot face 3 different ways. Pot assist the thing called the use of LoadUI, working with the renewers, so when it's not raining, the weather when the Sun does not hold we can provoke clean energy 24-7. For us, likewise when people say since the renewables are nuclear, in comparison with other renovators, I think it is Simple enough. Because the renovators are operating only when you have true conditions So, if you don't have The sun After Time, Then it doesn't work. At the same time, our necessity for electricity increases For example, if we need it Of the Sun, I don't think that we have sufficient terrain agricultural land, to their It was raining. Moreover, how do we see Hi phenomena It was raining. In Romania and water problems and to have it So, we must rain All we can. Nuclear this resilient It is available 24-7 and, in fact, Large reactors are very good. for bandwidth and also small and modular reactors, new reduction technologies, It matches very well with the renewers because possibility de balance The fact that modularity in new reduction technologies also allows you to believe a park Actually, one of the things whom we evaluate and we must add them up together the website of the German whom I informed that I recently informed him and we work now this, in fact if we will copy production of a reactor new reduction hi solar energy Moreover, I don't see them how can it be exclusive, in fact, actually inclusive. And you must evaluate your networks and you will see nuclear find reduction Anyway, We won't talk about many things. There are things. What I see in the USA and everyone else, there is a set of the plant new reduction. In the USA, I see you 200, 300, 400 megawatt to facilitate new reduction. Many of these facilities are in places rural It depends 200 things depending on a taxable income from this. And if this plant it decreases These must to go Therefore, We have worked with some in the USA about our capacity Let's go in. in these facilities and let us live these people to work Our plant. People believe that I need from 1500 nuclear engineers I only need of 10 engineers for to facilitate 200 people. And among these, A part of them are for 2 years It means that maintenance electricity, a stroke of luck are disciplines the ones we need. Therefore, the ability to live these people no it is not A question righteous And these people I don't need to to go Things are straightened the communities continue, communities spread around facilities. And, You know, for a 270 mW plant These are 200 employees whom we will provide this facilitate. And, I want to address that in construction de facilities locale there exist many opportunity clear if the contractor this bases ultimately outside for the purpose of cite many subcontractors for the purpose of assist Hi construction Now, if you are the owner, you must be Attention please the thing I need to talk to you invoci in selection subcontractors for a maintain and, usually to focus on problems for security. Here, when there exist a project about this thing, there exists many opportunity for use la many locations, including location the one who It will be bases Thank you. Last question In 3 minutes. Thank you. Thank you very much. My name is Gabriela Văcăriției. I'm in the mood to edit with Energenomics. This is the most complex communication platform business-to-business for energy companies from Romania and from your region. You'll have two minutes. for context, a minute for questions So, I think that, from a perspective company, the name of this panel It's very close. as much as two conceptions very important for companies. Reshaping and Map. During the this procedure energy transition, accelerate the pandemic COVID-19 and financing care win after that and, the companies have found force to reshape We have companies nuclear who is looking for photovoltaic We have distribution operators who is looking for want after photovoltaic. We have airlines and gas companies who looks for geothermal etc. So, he changes facts. In this process, discovered many many blocks. Map, energy transition map this pleasant hi Zone Bune. My question this for all of you What are they the most important blocks Which ones do you identify? in this process for the energy transition and, more specifically for representatives nuclear energy? I think one of these blocks regular for SMRs. It is very important for energy representatives of this to have approval for United States you You will need and one in Europe. How do you think that this process What will you do? Perhaps You have a calendar after that Thank you. You're ready. As you know, CENECON They were together Hi NRC and CNSC in Canada for technical regulation So, the current partnership Care are CENECON to USNRC in development capacity and the know-how in order to regulate and, in fact, one of us things the safest nuclear program in the world, in fact in support of our regulation, this to learn technology The process in order to obtain permits I need to tell you that until EUROTOM treatment there exist two obligations. There is A single obligation and that is to emphasize notification under Article 41 and it is an article for the project Description investments, technologies and something else the one by the European Commission emit an opinion, for approval were made in Romania with the authorities here. This is how it works IEA and hi European survival under Article 41 notification update updates What is happening in Romania using CENECON process to use the same legislation. Probably you will have some rules What are you talking about? la SMR technologies adapt la reactor soon and NuScale is a water reactor and there are 300 water reactor in the world Therefore I know how there exist A story and how to regulate it and we have again European Commission care analyzes full file and emit an opinion on the project. Therefore, always Tell me that this a standard process This is the process which one we use for some 3 and 4 The process which I have started it for refabrication and I think This is the part in our business. He is here to remove the project. And we understood each other Let's do it. Exceptional, last question Just 2 minutes It will be in Romanian 1 minute for Cosmin Ghiță. Please. Good afternoon, Radu Christescu deputy Radu Christescu Member of Parliament. Mr. Ghiță, I want to ask you A technical question. Please Answer me technically. What is radiation level comparative between central units operated from Cernavodă And such a module? How many times bigger radiation level In such a way? If May I? I would like to Lord and the Lord Tom Mundy What is this here? in the hall on behalf of New Scale So can I ask you as well? Mr. Tom Mundy this part of The New Scale to discuss to discuss about the radiation level for The New Scale reactor and I will talk about the radiation level for the Candor reactor If possible. So if Tom Mundy is in the room just because He's a technical expert I have a question and for Mr. Hopkins I want it to be beautiful for him translate it Mr. Bushoi Seller must leave Unfortunately. If you don't have any questions for me If you don't have any questions I have to go. to go live and let me just go this stage Thank you. I want to ask him if these SMRs For Mr. Hopkins if these SMRs to approval Energy Committee in the United States. I will apologize. for the ones who have to leave So who has to answer First? Sir Sir. Tom, Why not I took it o question license? So then were two questions Who were they learned You can Repeat the question in English Yes ten level of radiation. The level of radiation, individuals who here, It is based in the U.S. dates U.S. energy nuclear It is very similar Here. Individuals who there exist within a radius fifty thousand a nuclear power plant Recep in the middle, so much radiation What is it? less than so much radiation in an X-ray People in general in natural sufferings of radiation, Recep more than 1,000 from there so much only for the purpose of Avea a suffering extreme extreme small What is it? presented in present a power plant nuclear Yes I will translate it myself. so what about this, He didn't want it say, the level radiation this from 20 from there bigger at these module than la the center nuclear alley Cernăvodă. Fine. Thank you, everyone Thank you. Thank you very much. John, Our child tells him if technology are All approval in the USA, what is this something natural, Of course, that has because We have appeared and we licensed it la beginning construction in the foreground, if we had appeared in the year 2020 We have licensed the committee and I started construction in our plan. There is an important aspect And I will melt it down bad What is this called, in the USA we have a place to cry to evacuate emergency What is typical? at a radiation level of 10 miles around the plan. Once again because natural safety design of our plan, emergency crying zone may be In the emergency braking position. This un for NRC, It is a beginning. for any nuclear. Hi questions the one I ask are always safety design, and evacuation drain, evacuation drain. And You know, that which My name is evacuation drain, evacuation drain This energy is unused. We can reprocess Our tears. We do not elect him in the USA because the weeping ones are so cheap. But in France evacuation alarm. In Romania, Well, then, Evacuation is underway in Japan. So then this energy may be used Again and again. Thank you very much. I would like to thank you everyone Thank you very much because You have arrived at this panel. Thank you for patient Mr. Ghiță, Thank you for your support in the organization this event. You are A hope together with Nuclear Electrica and New Scale for a new independence in energy here, in Romania. And I long for you before to become in Romania to become a hub In Europe to achieve this. Mr. Hopkins, Thank you very much because You have arrived from here in a Such a long stretch here. Theodor, Stefan, Let's give him a good beating. of applause. 15 minutes a crack and we're going to the other panel.