Current:Home > FinanceBulgaria is launching the construction of 2 US-designed nuclear reactors -DollarDynamic
Bulgaria is launching the construction of 2 US-designed nuclear reactors
View
Date:2025-04-18 12:01:14
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! (1899)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Jesse Palmer Teases Wild Season of Bachelor in Paradise
- From mini rooms to streaming, things have changed since the last big writers strike
- Fernanda Ramirez Is “Obsessed With” This Long-Lasting, Non-Sticky Lip Gloss
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- SpaceX wants this supersized rocket to fly. But will investors send it to the Moon?
- The Year in Climate Photos
- NBCUniversal CEO Jeff Shell fired after CNBC anchor alleges sexual harassment
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Climate Change Remains a Partisan Issue in Georgia Elections
Ranking
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- North Carolina Hurricanes Linked to Increases in Gastrointestinal Illnesses in Marginalized Communities
- Gymshark's Huge Summer Sale Is Here: Score 60% Off Cult Fave Workout Essentials
- New report blames airlines for most flight cancellations
- Travis Hunter, the 2
- Why Bachelor Nation's Tayshia Adams Has Become More Private Since Her Split With Zac Clark
- First Republic Bank shares plummet, reigniting fears about U.S. banking sector
- Warming Trends: Butterflies Bounce Back, Growing Up Gay Amid High Plains Oil, Art Focuses on Plastic Production
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Influencer Jackie Miller James Is Awake After Coma and Has Been Reunited With Her Baby
Plans To Dig the Biggest Lithium Mine in the US Face Mounting Opposition
Little Miss Sunshine's Alan Arkin Dead at 89
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Australia will crack down on illegal vape sales in a bid to reduce teen use
In Georgia, Warnock’s Climate Activism Contrasts Sharply with Walker’s Deep Skepticism
Global Warming Drove a Deadly Burst of Indian Ocean Tropical Storms