site.btaEnergy Minister: "Nuclear Power Essential for Full Decarbonization, Energy Security"

Energy Minister: "Nuclear Power Essential for Full Decarbonization, Energy Security"
Energy Minister: "Nuclear Power Essential for Full Decarbonization, Energy Security"
Rossen Hristov addresses a P-TECC Ministerial Meeting in Zagreb, Croatia, Mar. 1, 2023 (Energy Ministry Photo)

Bulgarian Energy Minister Rossen Hristov attended the Fourth Ministerial Meeting of the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) within the Three Seas Initiative, which is taking place in Zagreb on March 1 and 2, Hristov's Ministry said in a press release on Wednesday.

"The simultaneous achievement of full decarbonization and energy security is impossible without nuclear power," the Minister said, addressing the forum. He stressed that Bulgaria has been successfully and safely operating nuclear power capacities for more than 40 years now.

"We are planning to develop nuclear power in future, too. This is part of our vision for the development of the electricity sector over the next 30 years. Our decision is based on comprehensive analyses and projections of consumption, taking account of the decarbonization targets and safeguarding the country's energy and national security, as well as ensuring the lowest possible price of electricity," the Energy Minister said.

In his words, diversification is essential for the security of energy supplies. "Staking on a single supplier always poses risks: technical if not geopolitical," he emphasized.

He recalled a decision taken in Stockholm on Tuesday on an enhancement of cooperation in nuclear power. There, he backed a French initative on more active European cooperation in this area. Bulgaria thus joined another 10 EU Member States (France, Finland, Croatia, Czechia, Hungary, The Netherlands, Poland, Romania, Slovakia and Slovenia) which will be interacting in the development of nuclear power, including innovative technologies and research in this field.

"Thanks to its experience and expertise in the nuclear power industry, Bulgaria is a valuable and desired partner. Significantly, our inclusion among these Member States was on the agenda of the Radev-Macron talks," Hristov said further on.




By 07:29 on 21.03.2023 Today`s news

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