Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
Supported byClarion Energy
HomeSEE Energy NewsBulgaria: New reactors...

Bulgaria: New reactors at NPP Kozloduy to cost up to 13 billion euros

Energy minister Rumen Radev expects the two planned reactors at the Kozloduy nuclear power plant using Westinghouse Electric’s AP1000 technology to cost up to $14 billion (13 billion euro) in total.

Westinghouse Electric Co is expected to come up in March with a report with an indicative price of the reactors, Radev said at the signing of a cooperation agreement in nuclear energy between the U.S. and Bulgaria.

The cooperation agreement covers the construction of nuclear facilities at Kozloduy NPP, as well as the exchange of expertise, technology and research.

Radev added that he expects the project for the two new reactors to result in electricity prices of less than 65 euros per MWh.

Earlier this month, special project company Kozloduy NPP-New Build said five companies expressed interest in constructing two new reactors using Westinghouse Electric’s AP1000 technology at Kozloduy NPP.

In December, the Bulgarian parliament approved a government proposal to inject up to 1.5 billion levs (766.9 million euros) in Kozloduy NPP for the construction of two new reactors.

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, TTF gas and CO2 prices decline in late June amid easing Middle East tensions

During the fourth week of June, Brent crude oil futures prices experienced a decline. On Monday, June 23, the price settled at $71.48 per barrel, already 7.2% lower than the last session of the previous week. Prices continued to...

Europe: Electricity prices fall in late June amid lower gas costs and high renewables

In the fourth week of June, average electricity prices declined across most major European markets compared to the previous week. The United Kingdom’s N2EX market experienced the largest drop, falling by 28%. Other markets saw decreases ranging from 1.3%...

Europe: Electricity demand rises in most markets amid seasonal shifts and holidays

During the week of June 23, electricity demand rose across most major European markets compared to the previous week. Germany and Italy saw the largest increases, with demand growing by 8.2% and 8.1% respectively. France experienced the smallest increase...
Supported byVirtu Energy
error: Content is protected !!