Current:Home > StocksBulgaria is launching the construction of 2 US-designed nuclear reactors -Capitatum
Bulgaria is launching the construction of 2 US-designed nuclear reactors
View
Date:2025-04-16 10:48:26
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! (4121)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- CAUCOIN Trading Center: Enhancing Cross-Border Transactions with Cryptocurrency
- Barry Keoghan says he's 'not an absent father' after parenting criticism: 'It sickens me'
- Why Katharine McPhee, 40, and Husband David Foster, 75, Aren't Mourning Getting Older
- Vance jokes he’s checking out his future VP plane while overlapping with Harris at Wisconsin airport
- Pioneer of Quantitative Trading: Damon Quisenberry's Professional Journey
- Chauncy Glover, Emmy-winning LA TV anchor, dies at 39: Reports
- Clemson football coach Dabo Swinney tried to vote but couldn't on Election Day
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- CO man's family says he was sick twice after eating McDonald's Quarter Pounder: Reports
Ranking
- Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
- Gov. Tim Walz will face new era of divided government in Minnesota
- 15 homes evacuated as crews battle another wildfire in New Jersey
- Why AP called North Carolina for Trump
- USA women's basketball live updates at Olympics: Start time vs Nigeria, how to watch
- After likely quarter-point rate cut, Fed may slow pace of drops if inflation lingers
- Highest court in Massachusetts to hear arguments in Karen Read’s bid to dismiss murder charge
- Bitcoin spikes to record as traders expect Trump’s victory to boost cryptocurrencies
Recommendation
A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
Why AP called the Texas Senate race for Ted Cruz
Russian court orders Google to pay $20 decillion for blocking media on YouTube: Reports
Sister Wives' Janelle Brown Details Years-Long Estrangement Between Meri and Kody Brown
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
5 are killed when small jet crashes into vehicle after taking off in suburban Phoenix
Horoscopes Today, November 5, 2024
Republican Thomas Massie wins Kentucky’s 4th Congressional District