Balkans face power shortage due to Kozloduy NPP closedown

Balkans face power shortage due to Kozloduy NPP closedown

The Balkan Peninsula is on the verge of energy crisis due to the closedown of Kozloduy Nuclear Power Plant (NPP). The Southeastern European countries will experience a 15 to 20-percent shortage of power unless new nukes are built soon, the head of Energy Financing Team (EFT Group) Anastasios Karahalios told energyobserver.com.
"So far, Bulgaria used to cover 50 percent of power shortages in the neighboring countries, while it can now only cover 20 percent of the power needs," Karahalios said.