Bulgaria looking for ‘green’ and nuclear investments in US

The Bulgarian government has sent a high-level delegation to the US to secure “green investment”. [Shutterstock / kram-9]

The Bulgarian government has sent a high-level delegation to the US to secure “green investment”, modular nuclear reactors and the import of electricity storage technologies. The delegation is led by the powerful Deputy Prime Minister and Finance Minister Asen Vassilev.

The Bulgarian group includes Energy Minister Alexander Nikolov, the heads of the Kozloduy nuclear power plant and the Bulgarian gas companies Bulgargaz and Bulgartransgaz.

The Bulgarian delegation was accompanied by the US Ambassador to Sofia, Hero Mustafa.

Bulgaria and the US have discussed strengthening cooperation to diversify energy supplies and green initiatives, which will mean greater energy security and prosperity for Bulgaria, says the official information from the US Embassy in Sofia.

The unofficial information is that Bulgaria’s interest is related to the transit of US liquefied gas supplies through the gas interconnector with Greece, studying the possibilities for building American modular nuclear reactors, nuclear fuel and storage of energy from renewable energy sources.

Bulgaria made a significant adjustment to its Recovery Plan last week. The project for constructing a new gas power plant for €1 billion, which will increase the country’s energy dependence on Russia, was removed and replaced by a project for a park to store electricity from renewable sources.

(Krassen Nikolov | EURACTIV.bg)

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