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Warning against Russia’s plan to develop nuclear power in Bulgaria

Bulgaria: Russia-Backed Nuclear Project in Bulgaria ‘Pig in a Poke’ – Novinite.com – Sofia News Agency, 11 April 11, The plans for a new Russia-backed nuclear plant in northern Bulgaria aim to help Moscow lay its hands on the energy market, impose a monopoly on the prices and keep them high, a right-wing leader has said.”We are now buying a pig in a poke, which is flying on a Russian plane,” Ivan Kostov, former prime minister and leader of the Democrats for Strong Bulgaria, told Nova TV broadcast on Sunday….
Kostov says boosting the capacity of renewable energy sources is the answer. Continue reading →

April 11, 2011 Posted by | Bulgaria, politics international | Leave a comment

Dodgy deals, safety problems, in Bulgarian nuclear project

The cable also reports: “When Bulgarians talk about the Belene nuclear power plant, they increasingly do so in hushed tones. Issues of delays, financing woes, non-transparent horse-trading and side deals, Russian influence … and the interests of well-connected politicians and energy oligarchs inevitably come up.”...

WikiLeaks cables: Bulgarian nuclear project ‘dogged by safety concerns’,  The Guardian, Tim Webb, 20 December 2010 German firm RWE, which owns npower, bought 49% stake in project that cable claimed ‘reeked of side deals’ One of Britain’s biggest energy suppliers, which wants to build half a dozen nuclear reactors in the UK, helped develop one in Bulgaria which was “dogged by ongoing serious safety concerns”, according to leaked US diplomatic cables. Continue reading →

December 21, 2010 Posted by | Bulgaria, secrets,lies and civil liberties, Wikileaks | Leave a comment

U.S. ambassador sheds doubt on Bulgaria’s nuclear plant

Bulgaria: US Ambassador Questions Feasibility of Belene Nuclear Plant – Novinite.com – Sofia News Agency, 24 Oct 10, US Ambassador James Warlick has expressed misgivings about the feasibility of Bulgaria’s planned second nuclear plant at Belene.”There are two questions that Bulgaria must ask itself – if the Belene NPP is an economically feasible project, and, second, if it provides Bulgaria and the entire region with energy security. I am not sure that there are answers to these questions. We are talking about billions of leva here, and the decisions that will be made with respect to Belene will affect Bulgaria’s energy system for decades to come,” Warlick said on the Bulgarian National Radio Sunday……Bulgaria: US Ambassador Questions Feasibility of Belene Nuclear Plant – Novinite.com – Sofia News Agency

October 25, 2010 Posted by | Bulgaria, business and costs | , , , , , | Leave a comment

Bulgaria’s renewable energy racing ahead in a responsible manner

there is no doubt that the renewable energy industry is soaring there.

Keeping Bulgaria Renewable Energy Responsible Green Chip Stocks,  By Jeff Siegel , April 7th, 2010“……Since government incentives kicked in over there, new wind, solar and biomass projects have totalled more than 11,000 megawatts. This is huge!Well today, the Bulgarian government announced that it is proposing a ban on building solar and wind farms on quality arable land. Definitely a smart decision on the part of Bulgaria.Certainly the expansion of renewable energy operations is integral to the long-term economic growth of the Balkan country. Continue reading →

April 8, 2010 Posted by | Bulgaria, renewable | , , , , | Leave a comment

Westinghouse trying to sell nuclear plants and nuclear fuel to Bulgaria

Bulgaria: Westinghouse May Build Nuclear Reactor in Bulgaria’s Kozloduy – Novinite.com – Sofia News Agency 8 April 2010, “…Westinghouse has made it clear it is interested in participating in a future tender for the construction of a new 1000 MW reactor in the Bulgarian nuclear power plant Kozloduy which has four inactive 440 MW reactors and two working 1000 MW units, all of which are Soviet-made.The US energy company has also told Traikov that it was ready to obtain a license so that its nuclear fuel could be used for the Russian reactors in Bulgaria.

Bulgaria: Westinghouse May Build Nuclear Reactor in Bulgaria’s Kozloduy – Novinite.com – Sofia News Agency

April 8, 2010 Posted by | Bulgaria, business and costs | , , , , | Leave a comment

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