The European Union has offered Bulgaria an additional €260m for the closure of units 1-4 of the country's Kozloduy nuclear power plant, as a draft 2014-2020 EU budget was presented. The EU had initially proposed €185m for the four closed nuclear units, while the Bulgarian government has demanded a total of €450m. The funds will be allocated through the Kozloduy International Decommissioning Support Fund (KIDSF) by 2020.
The KIDSF fund, established in 2001, supports projects to reform and modernise both the supply and demand side of energy use in Bulgaria. It was set up under a framework agreement between the EBRD and the Bulgarian government.
Meanwhile, the project company Kozloduy NPP New Capacities signed a contract for an environmental impact assessment (EIA) for the construction of new units on the site of the Kozloduy nuclear power plant. The €1m EIA was awarded to a consortium of Acciona Engineering and Dicon. The Bulgarian government decided to go ahead with the construction of a seventh unit at the existing plant in April 2012, when the Belene greenfield nuclear project was abandoned. It also initiated a programme to extend the lifetime of the two operational units, Kozloduy-5 and -6 (1,000 MW each), by at least 20 years, to continue operations until 2017 and 2019, respectively.
Interested in Power Plants?
Enerdata has developed a market research service to screen, monitor and analyse the development of power generation assets.
Power Plant Tracker offers an interactive database and a powerful search engine covering power plants worldwide – including both installed and planned capacities for renewables and fossil fuels.