Sole bid for planned nuclear power found high
Minutes after its bid of 21.16 cents for one-kilowatt per hour (KWH) for electricity generated at a planned nuclear power plant to be constructed in Mersin Akkuyu was announced, a consortium led by Russia's Atomstroyexport submitted a new bid which has yet to be disclosed. According to experts, the world average of the cost of one-kwh electricity produced at nuclear plants is in the range of 10-15 cents. "The company has conveyed to us a revised price which they said was linked to world economic developments," Energy Minister Hilmi Guler told a press conference, adding that the new bid had not been opened. TETAS, the state company that will eventually market the plant's power production, will open the new bid, assess it and pass it on to the Cabinet for final approval, Guler added.