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Bulgaria And Belene / A Question Of Financing On Long Road To New Nuclear

By Kamen Kraev
23 April 2018

23 Apr (NucNet): Bulgaria’s energy ministry has been asked by parliament to present concrete options for the realisation of the two-unit Belene nuclear power station – a project that dates back almost 40 years and which was formally abandoned in 2012 largely over uncertainties about how to finance it.

Until recently, Bulgarian officials had maintained that Belene could be revived only as a private project without state guarantees and long-term electricity purchase contracts. The government, though, has stopped short of providing any realistic explanation of how this could be achieved.

In this special report for NucNet subscribers, Kamen Kraev looks at the challenges that need to be overcome if Bulgaria is to revive the Belene project.

Full report: http://bit.ly/2qTW3R4

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