Bulgaria Set To Get Extra 260 Mln Euro from EU for Kozloduy NPP Decommissioning

Bulgaria Set To Get Extra 260 Mln Euro from EU for Kozloduy NPP Decommissioning

The EU plans to disburse a further 260 million euro ($352.2 million) in assistance to Bulgaria until 2020 to support the decommissioning of nuclear power plant (NPP) Kozloduy's old reactors, the EUobserver reported.

According to a draft budget for the coming seven years tabled at the EU summit on Friday, the closure of the three nuclear power plants in Bulgaria, Lithuania and Slovakia will continue to be funded by 2020, as Lithuania will receive extra 400 million euro for Ignalina plant and Slovakia's Bohunice plant will be granted an additional 200 million euro, the EUobserver said.

Last month, the EU Court of Auditors estimated a funding gap of 2.5 billion euro for the nuclear decommissioning programme in the three countries and commented that even if the Union assists with another 553 million euro until 2020, a funding gap of 2.0 billion euro will still remain.

The EU's Budgetary Control Committee urged the three countries to establish decommissioning plans, including detailed budgets, explaining how the closure of the nuclear power plants will be funded. EU aid for decommission under the budget by end-2013 is estimated at 2.85 billion euro, of which some 868 million euro is earmarked for Bulgaria.

In 2007 Bulgaria closed four of its six power units at the Kozloduy nuclear power plant, which was one of the conditions for joining the European Union.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.