Devastation in Dnipro: Eight Killed in Russian Airstrike
A Russian airstrike on the city of Dnipro in central Ukraine has resulted in the loss of at least eight lives and left 21 individuals wounded
Bulgaria Seeks Investors for Gas Turbine Power Plant
- Tweet
Send to Kindle
Valentin Nikolov was recently appointed as Deputy Minister of Economy, Energy and Tourism. Photo by BGNES
Bulgaria is looking for potential investors in its gas turbine power plant that is to be constructed in the Danube town of Belene, the country's Deputy Economy and Energy Minister Valentin Nikolov has revealed.
On Wednesday, Bulgaria officially abandoned the Belene Nuclear Power Plant which Sofia and Moscow had agreed on in 2008. Deputy Finance Minister Vladimir Goranov announced that a gas turbine power plant will be built in Belene instead.
The reactor originally intended for Belene will be placed in Kozloduy, Bulgaria's sole existing NPP.
No investors have shown their interest in the gas turbine power plant project yet, Valentin Nikolov said, as cited by the Bulgarian National Radio.
"This is a very good idea. Bulgaria needs a gas turbine power plant, too, the question is whether we can find an investor. We would welcome every investment...We welcome every idea that should be fulfilled in the energy sector. You know that we have renewable energy sources in Northeastern Bulgaria that cannot be balanced now – a gas power plant should be able to balance them," the Deputy Minister explained.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Ukraine Claims Destruction of Russian Strategic Bomber
Ukraine's military announced the destruction of a Russian Tu-22 strategic bomber, allegedly involved in nighttime airstrikes targeting Ukrainian cities
NATO will Deploy Patriot Air Defense Systems in Ukraine
NATO has announced plans to send Patriot air defense systems to the embattled nation
Ukraine Issues Stark Warning: Third World War if Russia Prevails!
Ukraine's Prime Minister, Denys Shmyhal, issued a stark warning, stating that a third world war would erupt if Russia emerged victorious in the ongoing conflict
Bulgargaz Anticipates Liquefied Gas Deliveries via Alexandroupolis Terminal In May
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
Russia’s Mighty S-400 Humiliated and Destroyed by 30-Year-Old Missiles
The Ukrainian Armed Forces have dealt a severe blow to Russian military installations in the temporarily occupied Crimea peninsula
Bulgargaz Anticipates Liquefied Gas Deliveries via Alexandroupolis Terminal In May
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
Greek Electricity Giant Acquires Bulgarian Solar Parks
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil Prices Surge Amid Middle East Tensions
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgargaz Loses 27% Market Share Due to Contract with 'Botas
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
Bulgaria Sees Surge in Solar Power and Coal Plant Decline in 2023 Electricity Report
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
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
