Current:Home > StocksBulgaria is launching the construction of 2 US-designed nuclear reactors -NextFrontier Finance
Bulgaria is launching the construction of 2 US-designed nuclear reactors
View
Date:2025-04-16 13:14:19
SOFIA, Bulgaria (AP) — Bulgaria on Wednesday decided to expand the country’s nuclear power generation as an alternative to fossil fuels by launching the construction of two additional reactors at its only nuclear power plant.
The two new reactors, which will provide a total of 2,300 megawatts, will use Westinghouse’s technology, the government said in a statement.
Earlier this year, U.S.-based nuclear equipment manufacturer Westinghouse Electric Co. signed an agreement with the Kozloduy plant for a proposed deployment of one or two AP1000 pressurized water reactor units.
Prime Minister Nikolay Denkov said Wednesday that the government has allocated an initial amount of 250 million euros ($270 million) for the project, adding that the first reactor is expected to be ready in 2033, and the second one — two to three years later.
Bulgaria currently operates two Russian-designed VVER-1000 reactors of 1000 MW each at the nuclear facility in Kozloduy that generate about a third of the country’s electricity.
Their operational licenses will expire in 2027 and 2029, respectively, but the units could be operated beyond those dates subject to regulatory approval.
In 2006, Bulgaria had to close four older VVER-440 units as a condition for its accession to the European Union, but now, Denkov stressed that the new units’ total capacity will significantly exceed the 1,760 MW capacity of the four blocks that had been closed.
In his words, the technology of the new reactors was particularly suited to ensuring “a stable management of the energy system.”
In response to Russia’s invasion of Ukraine, Bulgaria has taken steps to stop its almost-total energy dependence on Moscow. As part of its energy diversification efforts, Bulgaria signed agreements last year with France’s Framatome and Westinghouse Electric to receive fresh nuclear fuel for its operating reactors.
veryGood! (875)
Related
- Matt Damon remembers pal Robin Williams: 'He was a very deep, deep river'
- A collection of the insights Warren Buffett offered in his annual letter Saturday
- ‘Totally cold’ is not too cold for winter swimmers competing in a frozen Vermont lake
- Vigil held for nonbinary Oklahoma teenager who died following a school bathroom fight
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- New Jersey beefs up its iconic Jersey Shore boardwalks with $100M in repair or rebuilding funds
- Two Navy SEALs drowned in the Arabian Sea. How the US charged foreign crew with smuggling weapons
- An oil boom, a property slump and dental deflation
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- State police: Officers shoot, kill man who fired at them during domestic violence call
Ranking
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Federal prosecutors accuse a New Mexico woman of fraud in oil and gas royalty case
- Judge throws out Chicago ballot measure that would fund services for homeless people
- Manhunt underway after subway rider fatally attacked on train in the Bronx
- Carolinas bracing for second landfall from Tropical Storm Debby: Live updates
- Missouri woman's 1989 cold case murder solved after person comes forward with rock-solid tip; 3 men arrested
- Former Cowboys receiver Golden Richards, known for famous Super Bowl catch, dies at 73
- Guinness strips title from world's oldest dog after 31-year-old age questioned
Recommendation
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
An Army helicopter crash in Alabama left 2 pilots with minor injuries
The 2004 SAG Awards Are a Necessary Dose of Nostalgia
U.S. lunar lander is on its side with some antennas covered up, the company says
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
The body of Russian opposition leader Alexei Navalny has been handed over to his mother, aide says
Olympic champion Suni Lee finds she's stronger than she knew after facing health issue
Jennifer Lopez's Twins Max and Emme Are All Grown Up on 16th Birthday Trip to Japan