Belene Nuclear Power Plant

Belene nuclear plant project can be financially successful in two thirds of the 90 scenarios developed by the Bulgarian Academy of Sciences (BAS), a report by the academy presented on 16th of November, reads.

The Russian company Rosatom is open to the possibility to participate in the financing of the Belene NPP if the project is resumed. This was announced by Vadim Titov, who is the director of Rosatom International Network for Central Europe. He participated in a conference dedicated to nuclear energy in Bulgaria.

 Bulgaria plans to launch a tender to sell its abandoned 2,000 megawatt nuclear power project Belene in early 2018, Energy Minister Temenuzhka Petkova said on Tuesday, quoted by REUTERS. 

The previous government cancelled the Belene project in 2012 after failing to find foreign investors and under pressure from Brussels and Washington to limit its energy dependence on Russia.

The President of the Russian Federation Vladimir Putin wished Prime Minister Boyko Borisov a successful 3rd term of office in a telephone conversation between the two, the government press service has announced, quoted by BNR.

Putin and Borisov noted that trade and economic relations between Bulgaria and Russia were developing well.

All employees and workers laid off from the Belene port after 2012 have been reinstated in order to prepare the facility for the arrival of the two nuclear reactors ordered for the unfinished project for a second nuclear power plant. Because of their size, the reactors are expected to be transported along the Danube river in the beginning of April.

Moscow's Ambassador to Sofia has said Russia stands ready to renew construction of abandoned Belene nuclear power plant (NPP) project, but may also draw in an investor to work on it.

Three former GERB ministers have calculated that, if the programme of BSP for governing the country is implemented, budget expenses will increase by over BGN 4 B within a year alone.

If large energy projects like South Stream and the Belene NPP are reanimated as well, this will cost the state at least BGN 45 B.

Lawmakers in Bulgaria have turned down a proposal to scrap a ban on proceeding with the construction of Belene nuclear power plant (NPP).

Russian energy giant Rosatom will ensure that reactors for the abandoned Belene nuclear power plant (NPP) will be properly stored after being received by Bulgaria, media outlets report.

Next week, Bulgaria's Energy Ministry will sign a contract with the Bulgarian Academy of Sciences for the preparation of an analysis as to whether Bulgaria needs new nuclear capacity, as understood by the statement of outgoing Minister Petkova on bTV on Thursday morning.