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.
