The future of the digital industry and the strategic importance of secure, long-term, zero-emission energy for building AI gigafactories and data centers were at the core of discussions between Minister of Energy Zhecho Stankov and senior representatives of the Clean Energy Buyers Association (CEBA) and IP3 Corporation. The meetings took place in Washington, D.C., as part of the Bulgarian delegation’s working visit to the United States.
Minister Stankov emphasized the competitive advantages of the area surrounding the Kozloduy Nuclear Power Plant, including its proximity to the energy source, excellent existing fiber-optic connectivity, and access to water resources from the Danube River for cooling.
“Such projects require uninterrupted power supply with high volumes of stable, secure, and affordable energy—qualities provided by nuclear power. Bulgaria, already a well-established producer and net exporter of electricity, is determined to use this strength as a foundation for sustainable economic growth, quality employment, and the development of high-tech industries,” stated Minister Stankov.
The energy minister also discussed the implementation of potential projects aligned with the broader vision of developing high-tech industrial zones powered by stable and clean energy. Given the complexity of such initiatives, the organization of a specialized investment expo targeting companies in the digital economy sector was also proposed.
The topic of diversification and sustainable LNG supply was central to Minister Stankov’s meeting with Carolyn Eliaasen, Vice President for Government Affairs at leading energy company Phillips 66. The discussion covered long-term supply scenarios, infrastructure requirements, and potential models to strengthen transatlantic energy cooperation.
Minister Stankov and his delegation also took part in a roundtable organized by the Business Council for International Understanding (BCIU) on the topic “Critical Energy Infrastructure in Bulgaria: Aligning Policy, Finance, and Technology.” The discussion highlighted the need for a strategic dialogue between the public sector, financial institutions, and technology companies to achieve synergy in the implementation of investments with long-term added value. Bulgaria’s potential to establish itself as a regional energy and technology hub was prominently presented.