„Kozloduy Nuclear Power Plant – New Builds“ EAD and NuScale Power, LLC signed a Memorandum of Understanding
"Kozloduy NPP - New Build" EAD and NuScale Power, LLC signed a Memorandum of Understanding to study the possibility of implementing nuclear technology based on small modular reactors in the Republic of Bulgaria.
The document signed at the end of 2020 is in implementation of the decision of the Council of Ministers taken on October 14, 2020, and aims to provide the necessary information to justify the possibility of building a new nuclear capacity at the Kozloduy NPP site, in the context of achieving the European Union's goals for climate neutrality by 2050 and diversification of energy resources.
The Memorandum of Understanding is a proven commercial practice through which the parties lay the foundations for the implementation of projects of mutual interest, while at the same time not requiring the assumption of a commitment to a future investment decision or the incurrence of related financial costs.
