Standart News

Bulgaria should better take a wait-and-see position before taking a final decision on the construction of its second nuclear power plant in Belene as there’s no investor for the project, said Angel Semerdjiev, head of the country’s energy watchdog – State Energy and Water Regulatory Committee (DKEVR.) Whatever power plant starts operating in Bulgaria now it will hardly be able to sign a long-term export contract that will guarantee sales of the generated electricity unlike the three Maritsa-Iztok hydropower plants where the US holds the majority share, Semerdjiev explained. DKEVR will try to revise some of the clauses in these contracts, if possible.     
"The truth is that we have 600 MW of photovoltaic plants, over 600 MW of wind turbines and the rest are minor hydropower plants and almost no biomass plants. There are biomass plants which are mostly powered by waste products. There is only one real biomass installation, which presented its proposal for a price per MW, and it is facing launch problems," Semerdjiev noted.
"The difference between photovoltaic plants, wind farms, and biomass plants is huge. The investment process with photovoltaic plants lasts a month and a half, while with biomass projects it lasts years," the DKEVR Chair commented.