The MBA in Energy at the Academy of Economic Studies (ASE) in Bucharest starts the registrations for prospective candidates between 23-25 July 2018.
Organized by the Faculty of Business Administration in Foreign Languages (FABIZ), the Energy Master is the best in Romania and is done in collaboration with representatives of the energy business environment (OMV Petrom, Siemens, CEZ, Electrica, Transgaz etc.).
The programme is open to all bachelor degree graduates, but candidates need one year experience in energy. Of course, a good command of English is required, as it is taught in English.
It is a flexible MBA, held during weekends, for 4 semesters. The courses range from “EU Policy in Energy” to “Energy Trading”. The professors and experts’ team is excellent, including one of Romania’s best energy professionals, Corina Popescu.
Nuclear energy is based on heat released by atomic (uranium) fission reactions which proceed via a chain reaction. Various technologies compete in the sector, mainly divided into light water reactors (LWRs), more popular, and heavy water reactors (HWRs). The main difference between them is that LWRs need enriched uranium, while HWRs can use natural uranium.
The development is now at the third plus generation, focusing mainly on safety measures, such as simplified core design and natural convection-driven cooling in case of loss-of-coolant (LOCA) incident.
Simplifying, core design measures include: natural convention air design (uses air cooling), gravity drain water tank (moved water on top of reactor, so no need for pumps), water film evaporation, outside cooling air intake (another measure to use external atmospheric temperature for cooling) and steel containment vessel (better protection). Simplified core design is aimed to reduced complexity and consequently increase reliability.
The main problem for nuclear resides mainly in the economics of a project, needing high capex and having long rate-of-investment; spent fuel handling and storage; and nuclear proliferation (atomic bombs). Fusion can be a player in the future, mainly due to better safety measure (there cannot be a core melt-down) and shorter (10s-100s) lived activated reactor components (Tynan, The future of Nuclear Energy: Future of Energy, 2014)