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Bulgaria Says Bye Bye to Belene Again /
Prime Minister Blinks over Completion Costs of €10B
Bulgarian Prime Minister Boyko Borissov has proposed that the equipment purchased from Russia for the planned Belene nuclear power plant (NPP) be used instead to expand the existing Kozloduy NPP.
Borissov added that two new units could be built at the Kozloduv power station, rather than the single unit previously discussed, using a combination of €600M worth of equipment previously purchased to build two 1000 MW VVERs and new components from other reactor vendors.
Bulgaria Says Bye Bye to Belene Again
energycentral.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energycentral.com Daily Mail and Mail on Sunday newspapers.
This new structure aligns with our aspirations to grow significantly in the coming years, in key asset classes and important geographies, and to continue building on our job creation and economic growth engines here in the United Arab Emirates, Ahmed Al Calily, Mubadala s chief strategy and risk offer, told
The National. Ultimately, it is meant to further Mubadala’s mandate to help accelerate Abu Dhabi’s economic progress, to deepen prosperity in the UAE and remain an important partner to countries and companies around the world, he added.
Mubadala s UAE investments business streamlines all of its assets in the Emirates, with the aim of “building national champions” as well as fostering industrial and commercial clusters that will contribute to economic growth and create jobs. Its assets include Emirates Global Aluminum, Strata, Yahsat, Mubadala Petroleum, G42, Mubadala Health, Zayed Sports City, Al Maryah Island and stakes in listed companies Aldar and Tabreed.
As the debate over the long-term relevance of crude oil rages, Nigeria appears to be shifting its attention to the exploration of the country’s huge gas deposits, writes Emmanuel Addeh
The year 2020, unarguably remains the most devastating period in the history of oil and gas in history as the product hit its lowest point.
In the heat of the Covid-19 pandemic, Nigeria, Africa’s biggest economy, entered recession for the second time in five years, after a contraction in its Gross Domestic Product (GDP) for a second consecutive quarter.
Largely dependent on revenues from crude oil export for its survival, the country’s economy contracted by 3.62 per cent in the third quarter of 2020, after having already declined by 6 per cent in the previous quarter, according to the National Bureau of Statistics (NBS).
26 January 2021
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Using nuclear plants to generate heat as well as electricity for non-grid industrial applications could be central to deep decarbonisation efforts beyond being a source of zero-carbon electricity. Speakers at the fifth
Atlantic Council Global Energy Forum last week looked at how hydrogen - and nuclear - can contribute to carbon abatement efforts in areas that have so far been hard to decarbonise.
The participants in the 20 January session
The session on
Nuclear Beyond Power: Hydrogen, Heat, and Desalination focused on the opportunities for light-water-cooled and high temperature gas-cooled reactor designs to support the heat and electricity demands of industrial processes, hydrogen production and desalination to produce potable water. The session was moderated by Shannon Bragg-Sitton, lead for Integrated Energy Systems at the Idaho National Laboratory.
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