Current:Home > FinanceBulgaria is launching the construction of 2 US-designed nuclear reactors -Finovate
Bulgaria is launching the construction of 2 US-designed nuclear reactors
View
Date:2025-04-17 13:50:12
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! (581)
Related
- Global Warming Set the Stage for Los Angeles Fires
- Amazon Prime Video will soon come with ads, or a $2.99 monthly charge to dodge them
- Thousands of teachers protest in Nepal against education bill, shutting schools across the country
- What does Rupert Murdoch's exit mean for Fox News? Not much. Why poison will keep flowing
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Consumer group says Mastercard is selling cardholders' data without their knowledge
- One TV watcher will be paid $2,500 to decide which Netflix series is most binge-worthy. How to apply.
- Anheuser-Busch says it will stop cutting tails off famous Budweiser Clydesdale horses
- Senate begins final push to expand Social Security benefits for millions of people
- Fulton County DA investigator accidentally shoots herself at courthouse
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- A Chinese dissident in transit at a Taiwan airport pleads for help in seeking asylum
- 5 ways Deion Sanders' Colorado team can shock Oregon and move to 4-0
- Cowboys CB Trevon Diggs out for season after tearing ACL in practice
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Cow farts are bad for Earth, but cow burps are worse. New plan could help cows belch less.
- Zendaya Sets the Record Straight on Tom Holland Engagement Rumors
- Pakistani authorities arrest journalist for allegedly spreading false news about state institutions
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
Consumer group says Mastercard is selling cardholders' data without their knowledge
Bulgaria to purchase US Stryker combat vehicles and related equipment
Peter Gabriel urges crowd to 'live and let live' during artistic new tour
Nevada attorney general revives 2020 fake electors case
Shimano recalls 760,000 bike cranksets over crash hazard following several injury reports
Lawmakers author proposal to try to cut food waste in half by 2030
Judge blocks government plan to scale back Gulf oil lease sale to protect whale species