Record El Niño Coincides with Tightest Energy Market in Years as Drought Shuts Romanian Nuclear Reactor

Source Summary

Romania spent over 2 million euros in August detonating rocks and sinking barges in the Danube to maintain water flow to the Cernavoda nuclear plant. On August 13, Nuclearelectrica initiated a controlled shutdown of the plant's second reactor due to drought, marking the first time since 2003 that Cernavoda has been fully offline. The shutdown removes approximately one-fifth of Romania's electricity capacity. Dacia and Ford have idled their Romanian factories to conserve power.