The Bulgarian government will insist on help for nuclear power

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The Bulgarian government will insist on help for nuclear power
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Bulgaria will ask the EU to finance NPP Belene under the Just Transition Mechanism of the Green Deal

The Bulgarian government will insist on help for nuclear power from the EU under the Just Transition Mechanism of the Green Deal Investment Plan, a government position says. The document outlines Bulgaria’s official stance of the Green Deal. The position expresses overall support of the plans but stresses harder on the issue of subsidizing the most affected countries, like Bulgaria.

Although the document is not critical of the milestones set in the new ecological policies of the EU, it has something to say about most of the ideas. One notable instance of a measure entirely rejected is lowering carbon emissions by 50% to 55% by 2030 compared to 1999. Bulgaria will instead maintain the rates agreed upon in the Paris accord of 40% reduction.

Although the Bulgarian government seems at least in theory to support the Green Deal in general, the process of actually implementing it is apparently the greatest problem for the country.

The Bulgarian government strongly emphasizes the high costs of the transitions which the country needs to make under the Green Deal. The high costs, the government argues, will spike electricity prices, which in turn will affect the competitiveness and
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growth of the economy. Nearly every sector of the economy affected by the deal will need financial aids to help them through the transition, the position assesses.

Subsidizing a new nuclear power plant is part of Bulgaria’s asks for the transition period.
Източник: mediapool.bg

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