Europe: Brent oil and...

Brent oil futures for the front month in the ICE market reached a...

Europe: Electricity prices surge...

In the first week of February, average electricity prices increased across most major...

Europe: Electricity demand rises...

In the first week of February, electricity demand increased across most major European...

Europe: Solar energy production...

During the week of February 3, solar photovoltaic energy production saw an increase...
Supported byClarion Energy banner
HomeSEE Energy NewsBulgaria and Canada...

Bulgaria and Canada forge nuclear energy partnership to boost clean energy and security

Bulgarian caretaker Minister of Energy Vladimir Malinov and Canadian Ambassador to Bucharest Gavin Buchan have announced a new collaboration between Bulgaria and Canada focused on sharing expertise in nuclear energy.

Minister Malinov highlighted the ongoing development of units 7 and 8 at Bulgaria’s Kozloduy Nuclear Power Plant, calling it an essential and irreversible project. He emphasized that this initiative, which has strong political backing, is crucial for ensuring energy security and providing affordable, clean electricity for Bulgaria.

The meeting also included representatives from the Canadian Commercial Corporation, Ontario Power Generation, and Laurentis, a Canadian engineering firm. Malinov outlined the project’s timeline, noting that a final investment decision is anticipated by the end of next year.

Ambassador Buchan expressed enthusiasm for deepening Bulgarian-Canadian cooperation in the energy sector, particularly in nuclear energy. With over 200 Canadian companies active in the field, many of which operate in Europe, Buchan saw this collaboration as a significant opportunity for mutual benefit.

The discussions also touched on the potential of small modular reactors (SMRs) as additional energy sources. Minister Malinov conveyed Bulgaria’s strong interest in Canada’s expertise with SMRs, recognizing their potential to help the country meet its decarbonization goals.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Brent oil and gas prices fluctuate in early February amid sanctions and energy demand concerns

Brent oil futures for the front month in the ICE market reached a weekly high of $76.20 per barrel on Tuesday, February 4. Following this, settlement prices remained below $75 per barrel for the rest of the week. On...

Europe: Electricity prices surge in February

In the first week of February, average electricity prices increased across most major European markets. The N2EX market of the United Kingdom saw the smallest rise at 2.0%, while the MIBEL market for Spain and Portugal experienced the largest...

Europe: Electricity demand rises across most markets in early February

In the first week of February, electricity demand increased across most major European electricity markets compared to the previous week. The French market saw the biggest rise, with demand up by 6.5%, while Spain experienced the smallest increase, just...
Supported bySEE Mining News
error: Content is protected !!