Kozloduy

Bulgaria's government is preparing the full liberalization of the energy market, which is expected to solve the financial problems of the sector and guarantee a fair price for household and industrial consumers, according to Energy Minister Temenuzhka Petkova.

Bulgaria's Kozloduy nuclear power plant has reported a profit of around BGN 156 M for the first nine months of the year, according to Dimitar Angelov, CEO of the N-plant.

Angelov, as cited by the Bulgarian National Radio, made clear that the accounting profit of the Kozloduy NPP for the first six months of stood at BGN 116 000 000.

The process of extending the life of unit 5 of Bulgaria's Kozloduy nuclear power plant may be delayed by a year, according to Bogomil Manchev, President of the Bulgarian Atomic Forum (BULATOM).

Dimitar Angelov, CEO of Bulgaria's Kozloduy nuclear power plant, has complained that the N-plant lost long-term contracts for the sale of electricity as a result of the postponement of the new regulatory period.

Bulgarian business, labor unions and government officials have tabled new amendments to energy legislation which envisages state aid for industrial energy consumers.

Draft measures to provide reliefs to large industrial consumers have also been approved.

The construction of a new generating unit at Bulgaria's sole Kozloduy nuclear power plant (NPP) will cost USD 5.3 B.

The price had been specified diring a meeting between Energy MinisterTemenuzhka Petkova and the visiting Special Envoy to US Secretary of State John Kerry, Amos Hochstein, according to BGNES.

The revenues of Bulgaria's Kozloduy nuclear power plant will increase by BGN 56 M after units 5 and 6 see their capacity increased by 4% to 104%, according to calculations of Nikita Hristov, senior nuclear energy expert at Risk Engineering.

Units 5 and 6 of Bulgaria's Kozloduy nuclear power plant need a replacement of the automated neutron flux control system in order to have their capacity increased.

The measure is part of the life extension and modernization program for units 5 and 6 of the Kozloduy NPP, according to investor.bg.

The TVEL Fuel Company, a subsidiary of ROSATOM, is to supply and load modernized fuel into one of the reactors of Bulgaria's Kozloduy nuclear power plant in 2016, according to a senior official of the company.

Qatar is interested in investment in the future Unit 7 of Bulgaria's Kozloduy power plant, according to a statement from the Bulgarian government's press office.

Bulgarian Prime Minister Boyko Borisov met with Sheikh Hamad bin Khalifa Al Thani as part of his visit to Qatar.