PM Borissov: Realisation of new nuclear power facility will be of strategic importance

The possibility of constructing Unit 7 of Kozloduy Nuclear Power Plant is studied

We have launched a procedure for searching an opportunity to build a new nuclear power facility on No 2 site of Kozloduy Nuclear Power Plant (NPP). This was posted by PM Boyko Borissov on his Facebook page after the Council of Ministers’ Meeting. The reason was the decision of the cabinet to give a mandate to the Bulgarian Energy Holding to study the possibility for construction of unit 7 of the NPP as well as to negotiate with US companies.

PM Borissov pointed out that in February this year a decision was issued for assessment of the environmental impact. "We continue to operate the available capacity in our country, and the realisation of the new nuclear facility will be of strategic importance for maintaining the country's energy security," the Prime Minister said, adding: "We are reducing greenhouse gas emissions and decreasing  the dependence on imported energy resources optimally and competitively, in the context of the EU's goal for climate neutrality by 2050 and the priorities of the European Green Deal."

In the posted video, PM Borissov said: "Both in the gas supplies and the energy production with diversified nuclear fuel and capacity, we must go in this direction."

The Minister of Energy, Temenuzhka Petkova pointed out that this topic was important, taking into consideration the EU policy on the decarbonisation of the economy and the targets for zero emissions by 2050. She reminded one of the previous meetings of the European Council, where PM Borissov had managed to defend his thesis that any country must determine its energy mix. Petkova also reminded that the decision for NPP Kozloduy is in line with Bulgaria's energy policy related to the diversification of energy resources. She said also that the Bulgarian Energy Holding has a deadline to submit a report until January 2021.

"We have remained very alone in Bulgaria, Poland, the Czech Republic to some extent, in supporting coal mining and generating electricity. Many countries, including our neighbours in Greece, have given up. It will be very difficult for us to defend these positions. We will continue to do it, of course, to give a maximal opportunity for use of these natural resources which we have, and on the other hand - to prepare new energy facilities that will come into force after 10-15 years," PM Boyko Borissov concluded.

Similar articles

  • Bulgaria's total exports increase by 19%, imports by 23%

    Bulgaria's total exports increase by 19%, imports by 23%

    In the period January - May 2021, goods worth a total of BGN 26,355.3m were exported from Bulgaria, which is 19.4% more than in the same period of 2020, according to preliminary data from the National Statistical Institute. In May 2021 the total exports of goods amounted to BGN 5,084.7m and increased by 32.3% compared to the same month of the previous year.

  • German company to make e-cars in Bulgaria

    German company to make e-cars in Bulgaria

    I am extremely proud that a German maker of electric cars of the future will base its main production in Bulgaria. This sentiment was shared by Minister of Economy Kiril Petkov, who, this Saturday, signed with Next.e.GO Mobile SE the paperwork finalising a procedure to launch the company’s investment project in Bulgaria.

  • 602 foreign companies interested to invest in Bulgaria

    602 foreign companies interested to invest in Bulgaria

    In the span of five weeks, 602 foreign companies sent letters about intended investments in Bulgaria, caretaker Economy Minister Kiril Petkov told a briefing on Tuesday during which he reported on the results of a competition to this end among the economic advisors of Bulgarian services for trade and economic issues abroad.