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06.02.2017 17:54
Bulgarian Business Opposes Any Energy ‘Grand Slam’ Revival Ambitions
CEIB said the Bulgarian business was ready to protest against any attempts for new energy mega projects

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There will be a considerable opposition on the part of the Bulgarian business, if the country goes ahead with any plans for “big nuclear projects with state involvement or guarantees”, Kiril Domuschiev, chairman of the Confederation of Employers and Industrialists in Bulgaria (CEIB) during a press conference on Monday in Sofia. He referred to the so-called ‘Grand Slam’ in Bulgarian energy, comprising three, now cancelled, massive projects – Belene NPP, South Stream gas pipeline, and Burgas – Alexandroupoli oil pipeline.

He said plans for new thermal power plants in the Maritsa Basin under PPAs will be fought against, adding that the business was ready to protest, should such need arise.

“For us it is important that there are no mega projects and no ‘Grand Slams’, no new TPPs on the [PPAs] scheme applied by previous governments. We do not need new billions invested in nuclear energy. If there are voluntaries, let them come following the market rules – no feed-in tariffs, no contracts for difference”, Kiril Domuschiev said.

He said that such projects would not only be at the detriment of Bulgarian businesses, but also lead to further draining f funds from the state-run Bulgarian Energy Holding and its subsidiary – power incumbent NEK.

TAGS: Bulgaria | energy | South Stream | gas | nuclear | PPAs | TPP | investment | business | KRIB | Confederation of Employers and Industrialists in Bulgaria 

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