Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria Going for 7th Kozloduy NPP Reactor, EconMin Says after Referendum
BULGARIA GOING FOR 7TH KOZLODUY NPP REACTOR, ECONMIN SAYS AFTER REFERENDUM
Date: 27/01/2013
Source: novinite.com

Bulgaria will "logically" go for building a seventh reactor at its existing NPP in Kozloduy, Bulgarian Economy Minister Delyan Dobrev commented Sunday on the results of the nation's referendum on the construction of a second nuclear plant.

Bulgaria's referendum, which had a voter turnout of only 22%, with 61% voting in favor of the construction of a second nuclear power plant in Bulgaria, while 39% voted against, implicitly referred to the project for the construction of the 2000-MW Belene NPP.

Even though the turnout is not sufficient to make the result of the referendum binding, it is still enough to take the question to the Bulgarian Parliament.

"Unit 7 of the Kozloduy NPP will be 1000 MW, not 2000 MW. In Kozloduy, we have all the existing infrastructure, and it's economically logical to build a new reactor there. We will still enjoy a surplus of electricity but will have greater certainty with one more reactor in Kozloduy", Dobrev told reporters at the news conference of Bulgaria's ruling party GERB, whose leader, Bulgarian Prime Minister Boyko Borisov, terminated the project for the Belene NPP back in March 2012, terming it economically "unfeasible", and prompting the opposition Socialists to organize a referendum petition on nuclear energy.

"We have over 11 800 MW of electricity production capacity. Our largest consumption of electricity is 6 300 MW. Right now, half of the reactors at the TPPs in the Maritsa East Complex are turned off. We are exporting about 1 300 MW, and there is no more demand that we can use for electricity exports," the Economy Minister elaborated.

The voters who said "yes" in Bulgaria's nuclear referendum on Sunday in fact supported the construction of a seventh and eighth reactor at its existing NPP in Kozloduy, Valentin Nikolov, CEO of the Kozloduy NPP, commented shortly before Dobrev.

The construction of a seventh unit, of 1000 MW, at the Kozloduy NPP instead of building two 2000 MW units in Belene, and the extension of the lives of the two running Kozloduy reactors has been touted by Bulgaria's rulers GERB as a key solution for the nation's energy matters.




Topic: Economy



Featured District
VARNA DISTRICT AND CITY INFORMATIONVarna
Invest Bulgaria Charts
Current Account as Percent of GDP
Current Account as Percent of GDP

Gross Domestic Product of Bulgaria
Gross Domestic Product of Bulgaria

See all charts
Did You Know?
Hristo Stoichkov
Hristo Stoichkov
Hristo Stoichkov scored 6 goals in the World Cup of 1994 and led Bulgaria to the semi-finals ... More

Montana is the centre of the administrative region. It is situated in northwestern Bulgaria along the Ogosta River. The town originates from the old Roman stronghold Castra and Montanezium (a stronghold in the mountain), known also as Montana.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2020 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members