News

From Bulgaria Bookmark and Share

24.08.2017 15:07
Bulgaria: New Energy Coalition to Lobby for Kozloduy NPP to Build New Unit
The coalition also expressed its belief that Bulgaria would suffer from insufficient power generation by 2025, contrary to the conclusions of the country’s TSO predicting a surplus of some 10 TWh per year in a decade
AUTHOR: publics.bg


  • © Theodora Todorova, publics.bg

A new Bulgarian energy coalition will be lobbying for state-run Kozloduy NPP to pay for and build on its own a planned new nuclear unit. This was announced today by Alexander Nikolov, ex-CEO of Kozloduy NPP and an assistant at the Nuclear Department of the Bulgarian Academy of Science, who is heading the newly-established Energy Future for Bulgaria Coalition.

The Coalition is an avid supporter of the idea for the new build to be entirely state-owned and also believes that no foreign capital should be allowed in the Bulgarian nuclear energy sector.

In 2012 a state-run project company - Kozloduy NPP New Build -  was created for the purpose of planning and possibly executing a new nuclear unit. Nevertheless, one of the main standpoints presented by the Coalitionis also that Kozloduy NPP, a separate legal entity, could actually pay for the loans for a new nuclear unit solely from the profit it would generate.

Nikolov estimated that a new unit could generate some BGN 200 – 300 m (EUR 100 – 150 m) annually from selling electricity, basing his assumption on the fact that Kozloduy NPP generates about BGN 130 m per year on average, despite surprisingly lower results last year.

The coalition also expressed its belief that Bulgaria would suffer from insufficient power generation by 2025, contrary to the conclusions of the country’s TSO predicting a surplus of some 10 TWh per year in a decade.


TAGS: Bulgaria | electricity | nuclear energy | Kozloduy NPP | nuclear unit | financing | Energy Future for Bulgaria Coalition 


All news from Bulgaria

No published comments
Login to comment


Interview

17.09.2020  Boyana Achovski, General Secretary of the international organization Gas Infrastructure
In both short and long term, gas will continue being part of the energy mix of Southeastern Europe
Full text

Events

No records in this category!

Poll

publics.bg asks: What will you use to heat your homes this winter?









 



We use cookies to ensure we give you the best browsing experience on our website. Find out more on how we use cookies and how you can change your settings.

Cookies

What are cookies ?

A cookie is a small text file that a website saves on your computer or mobile device when you visit the site. Cookies are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

How do we use cookies?

Website use Google Analytics, a web analytics service provided by Google, Inc. ("Google") to help analyse the use of this website. For this purpose, Google Analytics uses"cookies", which are text files placed on your computer.

The information generated by the cookies about your use of this website - standard internet log information (including your IP address) and visitor behaviour information in an anonymous form - will be transmitted to and stored by Google including on servers in the United States. Google will anonymize the information sent by removing the last octet of your IP address prior to its storage.

According to Google Analytics terms of service, Google will use this information for the purpose of evaluating your use of the website and compiling reports on website activity.

We not use, and not allow any third party to use the statistical analytics tool to track or to collect any personally identifiable information of visitors to this site. Google may transfer the information collected by Google Analytics to third parties where required to do so by law, or where such third parties process the information on Google`s behalf.

According to Google Analytics terms of service, Google will not associate your IP address with any other data held by Google.

You may refuse the use of Google Analytics cookies by downloading and installing Google Analytics Opt-out Browser Add-on. The add-on communicates with the Google Analytics JavaScript (ga.js) to indicate that information about the website visit should not be sent to Google Analytics.

Cookies are also used to record if you have agreed (or not) to our use of cookies on this site, so that you are not asked the question every time you visit the site.

Google Analytics Opt-out Browser Add-on

How to control cookies?

You can control and/or delete cookies as you wish. You can delete all cookies that are already on your computer and you can set most browsers to prevent them from being placed.

All about cookies

Managing cookies in your browser

Most browsers allow you to:
  • see what cookies you have got and delete them on an individual basis
  • block third party cookies
  • block cookies from particular sites
  • block all cookies from being set
  • delete all cookies when you close your browser

If you chose to delete cookies, you should be aware that any preferences will be lost. Also, if you block cookies completely many websites (including ours) will not work properly and webcasts will not work at all. For these reasons, we do not recommend turning cookies off when using our webcasting services.
X