The increased participation of global investment banks, state development and state-owned export-import banks is leading to a funding transformation for the nuclear energy sector, a conference in Bulgaria has heard.
An international panel on financing nuclear power at the annual Bulgarian nuclear forum Bulatom’s conference on energy security in the Black Sea resort of Varna looked at the funding transformation for new nuclear plants in Bulgaria and internationally.
The panel highlighted the increased participation of global investment banks, state development and state-owned export-import banks.
“Money is available, but good projects are needed”, Milko Kovachev, Bulgaria’s energy minister from 2001-2005, and a former head of department at the International Atomic Energy Agency, told NucNet.