ADVERTISEMENT

Bulgaria wants doubled compensation for closing nuclear plant units

Recycling

Bulgaria has started negotiations with the European Commission for increasing the compensations for shutting down units 3 and 4 of Kozloduy nuclear power plant, local press reported Sunday citing Energy Minister Peter Dimitrov.

Dimitrov said that at the opening of a National Info Day of the Intelligent Energy Europe 2008 Program. Dimitrov argued that Bulgaria hopes the sum will be doubled. The two units were definitively shut down in preparation (about $869 million) for early decommissioning on Dec. 31, 2006. The EU is due to pay Sofia €550 million until 2009 to make up for the early closure of the reactors and encourage economy in the use of energy. A total of €350 million has already been absorbed. A year ago former Energy Minister Rumen Ovcharov declared  Bulgaria will follow the example of other member states, and will set the sum at about €1 billion. Experts, however, say the plant has been stripped of production capacity worth €3 billion to €4 billion ($6.3 billion). (people.com.cn)

 

ADVERTISEMENT

ÁKK Cutting Premiums on PMÁP Figures

ÁKK Cutting Premiums on PMÁP

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

MOL to Acquire Szarvas Biogas Plant Deals

MOL to Acquire Szarvas Biogas Plant

Accommodation Fully Booked Over Pentecost Weekend Tourism

Accommodation Fully Booked Over Pentecost Weekend

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.