The Bulgarian energy ministry said it has signed four agreements with
the donors of the Kozloduy International Decommissioning Support Fund
(KIDSF) for grants totaling 34.6 million euro ($47 million) earmarked
mainly for energy efficiency projects.
The KIDSF facility, administered by the European Bank for
Reconstruction and Development, was set up with EU funds to support
projects related to the decommissioning of four nuclear reactors at
Kozloduy power plant as well as to supports projects for restructuring
and upgrades in Bulgaria's energy sector.
The implementation of the projects will help Bulgaria make 240,000
megawatt-hours in energy savings while cutting CO2 emissions by 96,000
tonnes per year, the ministry said in a press release, quoting energy
minister Dragomir Stoynev.
KIDSF will provide 15 million euro coal miner Mini Maritsa Iztok to
replace three outmoded excavators. The second beneficiary under the
KIDSF initiative will be the country’s Electricity System Operator which
will receive 4.1 million euro for the development of data collection,
monitoring and management systems. The investment will ensure the
security of electricity delivery to individuals and industrial users.
Another 5.0 million euro have been granted to Bulgaria’s Energy
Efficiency and Renewable Sources Fund which will assist municipalities
in reducing the energy footprint of public buildings. The remaining 10.5
million euro in funding were agreed with the KIDSF at the end of 2013
to stimulate the gasification of the residential sector.
The Bulgarian energy ministry has signed agreements for a total of
811.3 million euro with the KIDSF Assembly of Donors since its
establishment in 2001, including 390.6 million euro for non-nuclear
projects.
(www.hbcbg.com)
(www.hbcbg.com)
