Current:Home > InvestBulgaria is launching the construction of 2 US-designed nuclear reactors-LoTradeCoin
Bulgaria is launching the construction of 2 US-designed nuclear reactors
View Date:2024-12-23 21:15:52
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! (55)
Related
- Utah AD Mark Harlan rips officials following loss to BYU, claims game was 'stolen from us'
- Opelika police kill person armed with knife on Interstate 85
- Operations of the hotly contested East Coast natural gas pipeline can begin, regulators say
- Homeowners surprised to find their million-dollar house listed on Zillow for $10,000
- Jessica Simpson's Husband Eric Johnson Steps Out Ringless Amid Split Speculation
- Billy Ray Cyrus files for divorce from Firerose after 7 months of marriage
- Travis Kelce Adorably Shakes Off Taylor Swift Question About Personal Date Night Activity
- Julia Louis-Dreyfus on Tuesday and podcast Wiser Than Me
- US Congress hopes to 'pull back the curtain' on UFOs in latest hearing: How to watch
- Elon Musk drops lawsuit against ChatGPT-maker OpenAI without explanation
Ranking
- Arkansas governor unveils $102 million plan to update state employee pay plan
- Oprah says book club pick 'Familiaris' by David Wroblewski 'brilliantly' explores life's purpose
- Raytheon discriminates against older job applicants, AARP alleges
- Federal Reserve is likely to scale back plans for rate cuts because of persistent inflation
- NFL playoff picture Week 10: Lions stay out in front of loaded NFC field
- What is paralytic shellfish poisoning? What to know about FDA warning, how many are sick.
- Rihanna Reveals the “Stunning” Actress She’d Like to Play Her in a Biopic
- John McEnroe angers fans with comments about French Open winner Iga Swiatek — and confuses others with goodbye message
Recommendation
-
Taylor Swift's Mom Andrea Gives Sweet Nod to Travis Kelce at Chiefs Game
-
Elon Musk drops lawsuit against ChatGPT-maker OpenAI without explanation
-
Queer and compelling: 11 LGBTQ+ books for Pride you should be reading right now
-
National Amusements ends Paramount merger talks with Skydance Media
-
Stop smartphone distractions by creating a focus mode: Video tutorial
-
Reported birth of rare white buffalo calf in Yellowstone park fulfills Lakota prophecy
-
RTX, the world's largest aerospace and defense company, accused of age discrimination
-
NBA Finals Game 3 Celtics vs. Mavericks: Predictions, betting odds