Petyo Ivanov: The project for new nuclear power plants in Kozloduy could bring over €55 billion to Bulgaria

Within the framework of Regional Energy Summit: Infrastructure, Innovation, Integration, organized by Capital, the Executive Director of "Kozloduy NPP - New Capacity" Petyo Ivanov presented key data from the socio-economic analysis of the project for units 7 and 8 at the Kozloduy NPP site.

According to the data presented, the project will have a significant economic effect:

During construction, the new units could generate an effect on Bulgarian GDP of over 9 billion euros
In the long term, for the entire operational period of at least 60 years, the effect on GDP is expected to exceed 55 billion euros
The project will activate a wide range of industries and suppliers and provide significant employment – up to 7,000–8,000 people during construction
One new nuclear power plant will prevent approximately 7.3 million tons of CO₂ annually, thus contributing to achieving the country's climate goals

The main focus of the discussion was the key milestones, challenges and the timetable for achieving final investment decision (FID) and the signing of the EPC contract for the new facilities in Kozloduy.

The new nuclear power project is a strategic investment for Bulgaria and part of the country's long-term vision for sustainable and low-carbon energy development.

„Kozloduy NPP - New Builds is expanding its cooperation with the Polish nuclear industry

The opportunities for deepening industrial cooperation between Bulgaria and Poland in nuclear energy were the focus of a working meeting between the management of Kozloduy NPP - New Build and representatives of leading Polish companies, organised by the Bulgarian Nuclear Industry Association. The Polish enterprises, some of which are already certified and approved as suppliers for global nuclear [...]

The management of „Kozloduy NPP – New Builds“ and the US Embassy have confirmed the strategic partnership on the new nuclear power project.

The Board of Directors of „Kozloduy NPP - New Capacities“ held a working meeting with H. Martin McDowell, Chargé d'Affaires of the US Embassy in Sofia, and Mr. Patrick Tilou, Political and Economic Affairs Advisor to the US Embassy. The two sides declared their common commitment to the new nuclear power plant project in Kozloduy, which remains a strategic priority in [...]

The executive director of „Kozloduy Nuclear Power Plant - New Powers“ Alexander Mihaylov held a meeting with MEP Tsvetelina Penkova on the future of nuclear energy.

The CEO of „Kozloduy Nuclear Power Plant - New Builds“ Alexander Mihaylov held a working meeting with Bulgarian MEP Tsvetelina Penkova. The two sides discussed the prospects for nuclear projects in the context of the intensifying European focus on energy security, industrial competitiveness, and decarbonisation.

Petyo Ivanov: The project for new nuclear power plants in Kozloduy could bring over €55 billion to Bulgaria

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„Kozloduy NPP - New Builds is expanding its cooperation with the Polish nuclear industry

The management of „Kozloduy NPP – New Builds“ and the US Embassy have confirmed the strategic partnership on the new nuclear power project.

The executive director of „Kozloduy Nuclear Power Plant - New Powers“ Alexander Mihaylov held a meeting with MEP Tsvetelina Penkova on the future of nuclear energy.

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