EP Mulls Bulgaria Nuclear Decommissioning Aid

Politics » BULGARIA IN EU | January 26, 2010, Tuesday // 19:04| Views: | Comments: 0
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Bulgaria: EP Mulls Bulgaria Nuclear Decommissioning Aid Bulgaria's only nuclear plant Kozloduy has two 1,000 MW operating units left. Photo by BGNES

The European Parliament has launched a procedure for the allotment of EUR 300 M in additional compensations over four years to Bulgaria for the closure of Soviet-designed reactors 1 to 4 at Bulgaria's Kozloduy nuclear power plant.

The procedure is expected to wind up with the adoption of a resolution of the European Parliament in May this year.

“This is the last hurdle before Brussels allots the additional compensations worth EUR 300 M,” former Foreign Minister and MEP Ivaylo Kalfin said.

Over the last ten years Bulgaria has received a total of EUR 550 M in compensation for the closure of four units at Kozloduy that had been deemed unsafe, but the government hopes to receive EUR 300 M more under Europe's recovery plan.

Bulgaria's previous Socialist-led government first called for additional money a year ago and went as far as to ask Brussels to compensate the country for the double blow of the gas crisis and the global economic slowdown by allowing a restart of the units.

The European Commission however has been adamant that a relaunch of the Soviet-era reactors at Bulgaria's sole nuclear power plant is out of the question.

The plant, which has been operating since 1974, has raised safety concerns, and Bulgaria agreed to shut four of its reactors as a condition of joining the EU.

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