Extension of Life of Unit 5 of Bulgaria’s Kozloduy NPP May Be Delayed by 1 Year

Business » ENERGY | September 16, 2015, Wednesday // 14:50
Bulgaria: Extension of Life of Unit 5 of Bulgaria’s Kozloduy NPP May Be Delayed by 1 Year Photo by BGNES

The process of extending the life of unit 5 of Bulgaria’s Kozloduy nuclear power plant may be delayed by a year, according to Bogomil Manchev, President of the Bulgarian Atomic Forum (BULATOM).

Manchev told the Bulgarian National Radio on Wednesday that after seven years of effort to extend the life of units 5 and 6 of the Kozloduy NPP and a 5-year struggle to sign the contract on the matter, the drafting of the program was running behind schedule.

He noted that there was a risk hat the program would not be ready by the expiration of the life of unit 5 of the Kozloduy N-plant.

Manchev explained that the negative impact of the delay consisted in fines which the Bulgarian watchdog would impose on the Kozloduy NPP.

“Although the Kozloduy NPP will find the money necessary for the upgrade of the units and for the extension of their life, it will lose financial resources due to the misguided policy,” he declared.

He expressed his indignation at the fact that around 30% of the electricity produced by the Kozloduy NPP was bought at the price of BGN 30, an absurdly low rate, in his opinion.

Manchev said that the N-plant was plagued by a number of problems, including a debt of around BGN 130 M of Bulgaria’s national power utility, the National Electric Company (NEK), to the Kozloduy NPP.

“After all, a sum of BGN 130 M amounts to 30% of the gross production of the Kozloduy NPP,” he declared.

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Tags: Kozloduy NPP, Kozloduy Nuclear Power Plant, Bulatom, Bogomil Manchev, National Electric Company, NEK, electricity prices
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