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07.05.2012 13:12
© Trodel, flickr.com
Bulgaria will participate at the next meeting of the International Framework for Nuclear Energy Cooperation (IFNEC) on May 9-10 in London, UK. The IFNEC will hold a finance workshop at the Lancaster House in the British capital. The Workshop is intended to provide a forum where experts representing the full spectrum of key stakeholders involved in financing nuclear energy projects can meet in order to collectively gain a better understanding of each other’s roles and approaches to nuclear energy financing. These include the individual challenges and opportunities currently facing stakeholders along with those collective and practical actions that could be taken by IFNEC to address identified barriers and opportunities.
Expert Panelists representing a range of stakeholders will participate in one of two scenario-based exercises during the conference. Bulgaria will be represented by experts from the Ministry of Economy, Energy and Tourism, the state-owned Bulgarian Energy Holding, its subsidiary NPP Kozloduy, and a large private company from the sector.
The concept behind the scenarios is to evaluate a hypothetical project proposal in a hypothetical country. One scenario will focus on an existing civil nuclear market and another on an emerging civil nuclear market. The goal is to bring the proposed project to bankability, and in the process, gain better insights in the role of each of the key stakeholders involved in financing and to identify the key challenges and opportunities that they face in each market. Following each of the two scenarios, panelists and Workshop participants will be divided into breakout sessions to discuss lessons learned with respect to financing challenges and opportunities, delve into greater detail on a specific issue or challenge related to financing and identify a notional list of actions that IFNEC countries can take, individually or collectively, related to financing. The breakout session findings will then be reported to the broader Plenary during the Workshop. The Workshop findings will be used as input to proposed recommendations for the IFNEC Steering Group to consider. The IFNEC Steering Group is expected to present its recommendations to the Executive Committee during its 2012 Ministerial meeting in Marrakech, Morocco.
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