Czechs approve taxes on carbon permits, solar
The government aims to stem fast expansion in solar plants, which enjoy high price tariffs that power distributors must pay for solar power, with a 26 percent tax on solar power revenues.
A separate tax charging traditional electricity makers 32 percent of the value of carbon emissions permits granted to them for free in 2011 and 2012 is aimed to raise revenue to subsidize power prices raised by the rising proportion of solar power in the overall energy mix.
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KHNP is being considered for Bulgarian Nuclear Power Plant Project
SEOUL - Korea Hydro & Nuclear Power (KHNP) has been selected as one of the three strategic investor candidates for a Bulgarian nuclear power plant project.
The Bulgarian Energy Ministry selected KHNP of Korea, RosAtom of Russia and CNNC of China as strategic investor candidates for the construction of the Belene Nuclear Power Plant, KHNP said on Dec. 20. The Belene Nuclear Power Plant is the second nuclear power plant that Bulgaria plans to build following the 2,000-megawatt Kozloduy Nuclear Power Plant built in 1991 during the Soviet Union era. The project budget is estimated at 10 billion euros.
By being included…
