Tue, Feb 09 2010

CLOSURE OF BULGARIA'S NPP MAY LEAD TO BALKAN ENERGY INSTABILITY

Tue, Apr 18 2006 16:17 CET 609 Views

After the closure of the third and fourth reactors of Kozlodui nuclear power plant, Bulgaria will stop exporting energy to the other Balkan countries.

EU insists the blocks are closed in December 2006, BGNES news agency reported.
Kozlodui executive director Ivan Ivanov said that 50 per cent of the exported energy on the Balkans comes from Bulgaria. At present, the country exports more than 900 kilowatts an hour to Turkey, Greece, Macedonia, Serbia and Albania.
Greece and Macedonia have already expressed their worries that the closure of the reactors may lead to energy and social instability in the region. 
Numerous inspections have proved the closure is unnecessary, as the reactors are technically safe, Ivanov said. In June the NPP will be renovated but if the verdict of the EU remains the same, the reactors will be stopped in December and preserved. In case Bulgarian politicians lobby to EU institutions, the reactors may once again be brought back to life soon after their closure.
However, some EU officials insist the reactors should be destructed instead of preserved.

Write comment

Name:Comment:

Generate new code
Send your comment

By posting a comment, you are deemed to have read and agreed to our
Acceptable Use Policy.

More in this category

Global Toyota Prius recall affects Bulgaria

Toyota made a global statement announced that around 436 000 vehicles worldwide are to be recalled for inspection and upgrade, including the latest Prius model which is sold in 60 countries, Bulgaria included

Construction of Sofia's Serdika Center mall to resume

Builders have met all municipal requirements and will also pay to renovate parks.

Business person of the year contest launched

Non-Bulgarians can also be nominated as long as the company they own or work for has a minimum of five per cent Bulgarian capital.

Christmas shopping fails to cheer up Bulgaria retail sales

The Christmas shopping season has not driven up retail sales in Bulgaria, according to the latest data of Eurostat, the EU’s statistical office.

Just a blip

The global financial crisis has slowed down globalisation, but only temporarily, one study says

Appointments

Fisheries and Aquaculture

Fisheries and Aquaculture

Yavor Nedev has been appointed head of the state National Agency of Fisheries and Aquaculture. He replaces Yordan Staikov who join the team of advisers of Agriculture Minister Miroslav Naidenov. In 2009, Nedev was appointed by Naidenov as director of the recently-founded state Fishery Resources company, which is to manage fishing ports and operate with EU funds. He has been vice president of the Bulgarian - Swiss Chambers of Commerce as well as president of Cherno More football club in Varna. Nedev has also worked as a political scientist and university professor.

© 2000-2010, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.