Bulgarian & US Officials Explore Energy Security Strategies

Bulgarian Ministers Rumen Radev of Energy and Assen Vassilev of Finance recently engaged in high-level talks with US Secretary of Energy Jennifer Granholm in Washington, D.C., focusing on critical energy issues. The meeting underscored the importance of bilateral cooperation in nuclear technology, energy diversification, and enhancing energy security.

Central to the discussions was Bulgaria's plan to construct two new AP1000 reactors at the Kozloduy Nuclear Power Plant, emphasizing the mutual interest in advancing civil nuclear capabilities. Cooperation initiatives also encompassed personnel training, diversification strategies, and strengthening energy connectivity.

Addressing the transition to renewable energy, both parties explored innovative technologies and strategies to mitigate carbon emissions. Minister Radev highlighted the significance of long-term storage solutions for nuclear fuel, positioning green hydrogen as a future energy resource pivotal for achieving climate neutrality and fostering economic growth.

Secretary Granholm elaborated on the US's commitment to hydrogen production, noting the creation of hydrogen hubs across the country and the potential for collaboration with Bulgaria in this area.

Moreover, Minister Radev outlined Bulgaria's ambitious infrastructure plans, including joint projects with Romania and Greece to develop offshore wind, renewable energy, hydrogen infrastructure, and a large hydroelectric plant on the Danube. These initiatives are deemed crucial for enhancing regional energy security and sustainability.

Finance Minister Vassilev expressed gratitude for US support in diversifying Bulgaria's energy sources, emphasizing the North-South project's importance in optimizing energy, digital, and...