Europe Natural Gas Prices Surge to EUR 29/MWh Following Russian Attack on Ukrainian Facility
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
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Turkey could count on USD 16 B of revenues from its two planned nuclear projects, the country's Economy Minister Taner Yildiz said Monday.
Yildiz said that Turkish companies are to not only significantly contribute to the construction, but also produce some of the electrical components and machinery needed at the plants, the Daily Sabah newspaper has reported.
About 20 000 jobs will be created by 460 local companies for the two projects, with 80% of them to be taken by Turks.
Yildiz also expressed confidence that the nuclear plants will reduce Turkey's energy spending, as the country is forced to import the bulk of its resources.
He added they might lower deliveries of natural gas by USD 7.2 on a yearly basis.
Akkuyu NPP is to be built jointly with Russia's Rosatom near the Mediterranean city of Mersin, while the other nuclear power central will be erected on the Black Sea coast by a French-Japanese consortium.
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A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
Bulgarian lawmakers have taken a significant step toward bolstering the nation's energy infrastructure by advancing cooperation with the United States for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
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